Unigestion Holding SA Raises Stake in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO)

Unigestion Holding SA boosted its position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 249.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,125 shares of the company’s stock after purchasing an additional 6,511 shares during the period. Unigestion Holding SA’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $1,144,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 1.3% in the second quarter. Vanguard Group Inc. now owns 11,883,660 shares of the company’s stock worth $1,349,152,000 after buying an additional 158,269 shares in the last quarter. Invesco Ltd. boosted its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 11.2% during the second quarter. Invesco Ltd. now owns 4,656,054 shares of the company’s stock valued at $528,602,000 after purchasing an additional 467,758 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 10.8% during the second quarter. JPMorgan Chase & Co. now owns 4,099,298 shares of the company’s stock valued at $464,820,000 after purchasing an additional 399,633 shares during the period. Waddell & Reed Financial Inc. boosted its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 0.3% during the second quarter. Waddell & Reed Financial Inc. now owns 2,048,180 shares of the company’s stock valued at $232,530,000 after purchasing an additional 6,912 shares during the period. Finally, Allianz Asset Management GmbH boosted its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 5.7% during the second quarter. Allianz Asset Management GmbH now owns 1,887,951 shares of the company’s stock valued at $214,339,000 after purchasing an additional 101,941 shares during the period. 92.43% of the stock is owned by institutional investors and hedge funds.

Shares of TAKE-TWO INTERACTIVE SOFTWARE stock traded up $0.05 during midday trading on Friday, reaching $116.96. 3,429,400 shares of the company’s stock traded hands, compared to its average volume of 1,983,688. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12 month low of $84.41 and a 12 month high of $135.70. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.44 and a current ratio of 1.45. The stock has a 50 day moving average of $122.65 and a 200-day moving average of $117.44. The company has a market cap of $13.27 billion, a PE ratio of 30.14, a price-to-earnings-growth ratio of 4.36 and a beta of 0.72.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its quarterly earnings data on Thursday, November 7th. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.24 by $0.78. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 23.95% and a net margin of 10.93%. The company had revenue of $950.50 million for the quarter, compared to analysts’ expectations of $926.91 million. During the same period last year, the firm posted $1.05 earnings per share. TAKE-TWO INTERACTIVE SOFTWARE’s revenue was up 62.9% compared to the same quarter last year. On average, equities analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.16 earnings per share for the current fiscal year.

In related news, Director Michael Sheresky sold 226 shares of the stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $126.89, for a total transaction of $28,677.14. Following the sale, the director now directly owns 70,137 shares of the company’s stock, valued at $8,899,683.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel P. Emerson sold 4,500 shares of the stock in a transaction on Friday, August 16th. The shares were sold at an average price of $126.77, for a total value of $570,465.00. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

A number of analysts have recently weighed in on the company. Cowen increased their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Wednesday, July 17th. Nomura assumed coverage on TAKE-TWO INTERACTIVE SOFTWARE in a research note on Thursday, October 3rd. They set a “neutral” rating and a $135.00 price objective for the company. Credit Suisse Group increased their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $128.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday. Stephens reissued an “overweight” rating and set a $120.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, July 17th. Finally, SunTrust Banks set a $133.00 price objective on TAKE-TWO INTERACTIVE SOFTWARE and gave the company a “buy” rating in a research note on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $132.22.

TAKE-TWO INTERACTIVE SOFTWARE Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Institutional Ownership by Quarter for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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