TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) Stake Cut by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lessened its holdings in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 11.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,648 shares of the company’s stock after selling 215 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $202,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Strs Ohio increased its stake in TAKE-TWO INTERACTIVE SOFTWARE by 9.8% during the 3rd quarter. Strs Ohio now owns 3,432 shares of the company’s stock valued at $430,000 after buying an additional 305 shares during the period. Waratah Capital Advisors Ltd. acquired a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the third quarter valued at approximately $1,101,000. Teacher Retirement System of Texas bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the third quarter worth approximately $5,152,000. Dupont Capital Management Corp raised its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 505.4% during the third quarter. Dupont Capital Management Corp now owns 12,416 shares of the company’s stock worth $1,556,000 after purchasing an additional 10,365 shares in the last quarter. Finally, Cadence Capital Management LLC bought a new stake in TAKE-TWO INTERACTIVE SOFTWARE during the third quarter worth approximately $920,000. 91.39% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ TTWO traded down $1.25 during mid-day trading on Friday, reaching $106.59. The company had a trading volume of 176,714 shares, compared to its average volume of 2,360,147. The company has a current ratio of 1.64, a quick ratio of 1.63 and a debt-to-equity ratio of 0.06. The stock has a market cap of $12.42 billion, a PE ratio of 35.81, a P/E/G ratio of 2.90 and a beta of 0.72. The company has a 50-day moving average price of $121.04 and a two-hundred day moving average price of $123.54. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 1-year low of $84.56 and a 1-year high of $135.70.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last announced its earnings results on Thursday, February 6th. The company reported $1.63 EPS for the quarter, missing the consensus estimate of $1.75 by ($0.12). TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.81% and a return on equity of 15.30%. The company had revenue of $930.10 million for the quarter, compared to analysts’ expectations of $921.16 million. During the same period in the prior year, the company earned $1.57 earnings per share. The company’s revenue for the quarter was down 25.5% on a year-over-year basis. On average, research analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.14 EPS for the current year.

A number of equities analysts have issued reports on the company. Bank of America reaffirmed a “buy” rating and set a $140.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, February 5th. MKM Partners downgraded TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $142.00 to $133.00 in a research note on Friday, January 24th. ValuEngine lowered TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a report on Saturday, January 4th. Stephens cut TAKE-TWO INTERACTIVE SOFTWARE from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 14th. Finally, Cfra lowered their target price on TAKE-TWO INTERACTIVE SOFTWARE from $154.00 to $132.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $133.14.

TAKE-TWO INTERACTIVE SOFTWARE 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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