Benchstone Capital Management LP Takes Position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Benchstone Capital Management LP acquired a new position in shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 131,542 shares of the company’s stock, valued at approximately $24,214,000. Take-Two Interactive Software accounts for about 2.5% of Benchstone Capital Management LP’s holdings, making the stock its 19th largest holding. Benchstone Capital Management LP owned 0.07% of Take-Two Interactive Software at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TTWO. First Horizon Advisors Inc. increased its position in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after purchasing an additional 54 shares in the last quarter. Fifth Third Bancorp grew its stake in Take-Two Interactive Software by 0.3% during the fourth quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after buying an additional 57 shares during the last quarter. Principal Securities Inc. increased its holdings in shares of Take-Two Interactive Software by 6.0% during the fourth quarter. Principal Securities Inc. now owns 1,024 shares of the company’s stock worth $189,000 after buying an additional 58 shares in the last quarter. Y.D. More Investments Ltd raised its stake in shares of Take-Two Interactive Software by 2.0% in the fourth quarter. Y.D. More Investments Ltd now owns 3,061 shares of the company’s stock valued at $563,000 after acquiring an additional 61 shares during the last quarter. Finally, Itau Unibanco Holding S.A. boosted its holdings in shares of Take-Two Interactive Software by 41.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 246 shares of the company’s stock worth $45,000 after acquiring an additional 72 shares in the last quarter. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Down 6.7 %

Shares of Take-Two Interactive Software stock opened at $219.50 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The business has a 50-day moving average of $210.94 and a two-hundred day moving average of $193.89. Take-Two Interactive Software, Inc. has a 1 year low of $135.24 and a 1 year high of $238.00. The company has a market capitalization of $38.74 billion, a P/E ratio of -10.29, a price-to-earnings-growth ratio of 6.83 and a beta of 1.01.

Analyst Ratings Changes

Several equities analysts have issued reports on TTWO shares. Raymond James reiterated an “outperform” rating and issued a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Wedbush reissued an “outperform” rating and issued a $215.00 price target on shares of Take-Two Interactive Software in a report on Friday, February 7th. DA Davidson began coverage on Take-Two Interactive Software in a report on Tuesday, February 18th. They set a “buy” rating and a $250.00 price objective on the stock. Ascendiant Capital Markets lifted their target price on Take-Two Interactive Software from $172.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Finally, Stifel Nicolaus boosted their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Take-Two Interactive Software currently has an average rating of “Moderate Buy” and an average target price of $213.86.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.