TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO) Position Increased by Shell Asset Management Co.

Shell Asset Management Co. boosted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 6.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 17,508 shares of the company’s stock after purchasing an additional 1,041 shares during the quarter. Shell Asset Management Co.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $2,416,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Capital Advisors Ltd. LLC boosted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 169.9% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 834 shares of the company’s stock valued at $115,000 after acquiring an additional 525 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at about $130,000. Girard Partners LTD. purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 3rd quarter valued at about $137,000. Piedmont Investment Advisors LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at about $155,000. Finally, Clear Perspective Advisors LLC boosted its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 86.7% during the 2nd quarter. Clear Perspective Advisors LLC now owns 1,400 shares of the company’s stock valued at $166,000 after acquiring an additional 650 shares during the last quarter. 92.76% of the stock is currently owned by institutional investors.

In related news, VP Daniel P. Emerson sold 13,268 shares of the firm’s stock in a transaction that occurred on Wednesday, October 10th. The shares were sold at an average price of $123.63, for a total value of $1,640,322.84. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.07% of the company’s stock.

A number of analysts have recently issued reports on TTWO shares. Stifel Nicolaus raised their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE from $131.00 to $137.00 and gave the company a “buy” rating in a report on Monday, August 6th. BidaskClub raised shares of TAKE-TWO INTERACTIVE SOFTWARE from a “hold” rating to a “buy” rating in a report on Friday, September 14th. Bank of America raised their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $143.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, August 30th. ValuEngine downgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 7th. Finally, Barclays set a $138.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE and gave the stock a “buy” rating in a report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $144.53.

TTWO opened at $109.67 on Friday. The company has a market capitalization of $12.74 billion, a P/E ratio of 62.67, a price-to-earnings-growth ratio of 1.95 and a beta of 1.09. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12-month low of $92.81 and a 12-month high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last posted its quarterly earnings data on Wednesday, November 7th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.16. The company had revenue of $583.42 million for the quarter, compared to the consensus estimate of $549.87 million. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.76% and a return on equity of 18.08%. The firm’s revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.09 earnings per share. As a group, analysts expect that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.37 EPS for the current year.

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About TAKE-TWO INTERACTIVE SOFTWARE

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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