Kentucky Retirement Systems Takes $510,000 Position in TAKE-TWO INTERACTIVE SOFTWARE, INC (TTWO)

Kentucky Retirement Systems bought a new position in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,953 shares of the company’s stock, valued at approximately $510,000.

Other large investors have also recently made changes to their positions in the company. Lavaca Capital LLC purchased a new position in TAKE-TWO INTERACTIVE SOFTWARE in the fourth quarter worth about $25,000. Phocas Financial Corp. purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter valued at about $26,000. Synovus Financial Corp lifted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 381.5% during the 4th quarter. Synovus Financial Corp now owns 260 shares of the company’s stock valued at $27,000 after buying an additional 206 shares in the last quarter. TCI Wealth Advisors Inc. lifted its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 348.4% during the 4th quarter. TCI Wealth Advisors Inc. now owns 278 shares of the company’s stock valued at $29,000 after buying an additional 216 shares in the last quarter. Finally, Kistler Tiffany Companies LLC purchased a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter valued at about $31,000. 96.56% of the stock is currently owned by institutional investors and hedge funds.

Shares of TTWO opened at $95.69 on Tuesday. The company has a market cap of $10.80 billion, a P/E ratio of 54.68, a price-to-earnings-growth ratio of 1.72 and a beta of 1.01. TAKE-TWO INTERACTIVE SOFTWARE, INC has a 12-month low of $84.41 and a 12-month high of $139.91.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last issued its earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $1.17. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.50 billion. TAKE-TWO INTERACTIVE SOFTWARE had a return on equity of 28.92% and a net margin of 14.26%. The firm’s quarterly revenue was up 139.9% on a year-over-year basis. During the same quarter last year, the company earned $1.12 EPS. On average, equities analysts forecast that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.15 earnings per share for the current fiscal year.

A number of research analysts have recently weighed in on TTWO shares. TheStreet raised TAKE-TWO INTERACTIVE SOFTWARE from a “c+” rating to a “b+” rating in a research report on Wednesday, February 6th. Buckingham Research reaffirmed a “buy” rating and set a $130.00 price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research report on Tuesday, December 18th. MKM Partners lowered their price objective on TAKE-TWO INTERACTIVE SOFTWARE to $115.00 and set a “buy” rating on the stock in a research report on Thursday, February 7th. Benchmark lifted their price objective on TAKE-TWO INTERACTIVE SOFTWARE from $124.00 to $156.00 and gave the company a “buy” rating in a research report on Thursday, February 7th. Finally, Deutsche Bank started coverage on TAKE-TWO INTERACTIVE SOFTWARE in a research report on Tuesday, January 22nd. They set a “buy” rating and a $130.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have assigned a buy rating to the company. TAKE-TWO INTERACTIVE SOFTWARE presently has a consensus rating of “Buy” and an average price target of $133.52.

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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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