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

Share on StockTwits

Nomura Asset Management Co. Ltd. raised its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 7.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,177 shares of the company’s stock after purchasing an additional 1,297 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $1,974,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. US Bancorp DE lifted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 965.0% in the third quarter. US Bancorp DE now owns 17,083 shares of the company’s stock worth $2,357,000 after purchasing an additional 15,479 shares during the last quarter. Chicago Equity Partners LLC raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 45.3% during the third quarter. Chicago Equity Partners LLC now owns 5,745 shares of the company’s stock valued at $793,000 after acquiring an additional 1,790 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the third quarter valued at approximately $405,000. LSV Asset Management bought a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE during the third quarter valued at approximately $1,319,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 0.3% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 363,514 shares of the company’s stock valued at $50,161,000 after acquiring an additional 948 shares in the last quarter. Hedge funds and other institutional investors own 95.84% of the company’s stock.

NASDAQ TTWO opened at $92.43 on Friday. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12-month low of $84.41 and a 12-month high of $139.91. The firm has a market capitalization of $10.17 billion, a price-to-earnings ratio of 52.82, a PEG ratio of 1.63 and a beta of 1.01.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its quarterly earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.02 by $1.17. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 14.26% and a return on equity of 28.92%. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the company earned $1.12 earnings per share. The business’s revenue for the quarter was up 139.9% on a year-over-year basis. As a group, sell-side analysts anticipate that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.15 EPS for the current fiscal year.

Several research firms have recently weighed in on TTWO. Stephens began coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Thursday, January 10th. They set an “overweight” rating and a $138.00 price target for the company. Zacks Investment Research downgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. Deutsche Bank began coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Tuesday, January 22nd. They set a “buy” rating and a $130.00 price target for the company. Gabelli began coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, January 16th. They set a “buy” rating and a $136.00 price target for the company. Finally, MKM Partners decreased their price target on shares of TAKE-TWO INTERACTIVE SOFTWARE to $130.00 and set a “buy” rating for the company in a research note on Friday, January 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $134.92.

TRADEMARK VIOLATION NOTICE: “TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO) Position Increased by Nomura Asset Management Co. Ltd.” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.tickerreport.com/banking-finance/4223943/take-two-interactive-software-inc-ttwo-position-increased-by-nomura-asset-management-co-ltd.html.

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.

Read More: Benefits of owning preferred stock

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

Receive News & Ratings for TAKE-TWO INTERACTIVE SOFTWARE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAKE-TWO INTERACTIVE SOFTWARE and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Insolar  Trading Up 12.9% Over Last Week
Insolar Trading Up 12.9% Over Last Week
Insider Selling: Cray Inc.  VP Sells 52,409 Shares of Stock
Insider Selling: Cray Inc. VP Sells 52,409 Shares of Stock
Autohome   Shares Down 6.5%
Autohome Shares Down 6.5%
Invesco Multi-Factor Core Fixed Income ETF  Increases Dividend to $0.07 Per Share
Invesco Multi-Factor Core Fixed Income ETF Increases Dividend to $0.07 Per Share
XRP  Price Up 17% Over Last 7 Days
XRP Price Up 17% Over Last 7 Days
Analysts Expect Shutterstock Inc  Will Announce Quarterly Sales of $170.73 Million
Analysts Expect Shutterstock Inc Will Announce Quarterly Sales of $170.73 Million


© 2006-2019 Ticker Report