Baldwin Investment Management LLC held its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the fourth quarter, Holdings Channel reports. The firm owned 15,000 shares of the company’s stock at the end of the fourth quarter. Baldwin Investment Management LLC’s holdings in Take-Two Interactive Software were worth $739,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of TTWO. LS Investment Advisors LLC increased its position in Take-Two Interactive Software by 1.4% in the third quarter. LS Investment Advisors LLC now owns 3,104 shares of the company’s stock worth $140,000 after buying an additional 43 shares during the period. Pinnacle Associates Ltd. acquired a new position in Take-Two Interactive Software during the fourth quarter valued at approximately $203,000. Elkfork Partners LLC acquired a new position in Take-Two Interactive Software during the fourth quarter valued at approximately $208,000. Stephens Inc. AR acquired a new position in Take-Two Interactive Software during the third quarter valued at approximately $203,000. Finally, Thompson Investment Management Inc. acquired a new position in Take-Two Interactive Software during the third quarter valued at approximately $222,000.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) traded down 0.27% during mid-day trading on Tuesday, hitting $58.26. 1,530,204 shares of the stock traded hands. The firm has a market cap of $5.27 billion, a P/E ratio of 348.86 and a beta of 0.86. The firm’s 50-day moving average price is $52.41 and its 200-day moving average price is $47.05. Take-Two Interactive Software, Inc. has a 52 week low of $33.06 and a 52 week high of $58.76.
Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings data on Tuesday, February 7th. The company reported $0.99 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.03. Take-Two Interactive Software had a net margin of 0.91% and a return on equity of 21.74%. The company earned $476.50 million during the quarter, compared to analysts’ expectations of $689.64 million. During the same period in the prior year, the company posted $0.89 earnings per share. Take-Two Interactive Software’s revenue for the quarter was up 15.0% compared to the same quarter last year. On average, equities analysts forecast that Take-Two Interactive Software, Inc. will post $1.88 earnings per share for the current fiscal year.
This story was reported by sleekmoney and is owned by of sleekmoney. If you are viewing this story on another domain, it was stolen and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this story can be accessed at http://sleekmoney.com/baldwin-investment-management-llc-has-739000-stake-in-take-two-interactive-software-inc-ttwo/1661043.html.
Several research firms have commented on TTWO. Zacks Investment Research raised shares of Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Tuesday. Wedbush reissued a “neutral” rating and set a $48.00 target price on shares of Take-Two Interactive Software in a research report on Friday. Cowen and Company reissued an “outperform” rating and set a $58.00 target price on shares of Take-Two Interactive Software in a research report on Sunday, February 5th. MKM Partners reissued a “buy” rating and set a $62.00 target price (up from $55.00) on shares of Take-Two Interactive Software in a research report on Monday, February 6th. Finally, Stifel Nicolaus increased their target price on shares of Take-Two Interactive Software from $59.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, February 9th. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $58.14.
In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 80,000 shares of the firm’s stock in a transaction on Wednesday, November 30th. The shares were sold at an average price of $49.55, for a total value of $3,964,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 2.50% of the company’s stock.
Take-Two Interactive Software Company Profile
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
Want to see what other hedge funds are holding TTWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Take-Two Interactive Software, Inc. (NASDAQ:TTWO).
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/baldwin-investment-management-llc-has-739000-stake-in-take-two-interactive-software-inc-ttwo/1661043.html
Receive News & Ratings for Take-Two Interactive Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.