Take (TTWO) Shareholder Lombard Odier Asset Management Usa Corp Has Cut Its Stake as Market Valuation Declined

May 13, 2018 - By Marguerite Chambers

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) LogoInvestors sentiment increased to 1.27 in Q4 2017. Its up 0.09, from 1.18 in 2017Q3. It increased, as 45 investors sold TTWO shares while 123 reduced holdings. 93 funds opened positions while 120 raised stakes. 98.01 million shares or 2.20% less from 100.22 million shares in 2017Q3 were reported. Pittenger And Anderson Inc reported 1,625 shares. Principal Finance Grp Inc stated it has 0.06% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Ls Invest Limited Co has invested 0.05% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Winslow Evans & Crocker holds 0.07% or 1,976 shares. Bluestein R H And reported 4,620 shares. Td Asset Incorporated stated it has 4,417 shares. Sit Invest Assocs Inc owns 0.07% invested in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 27,425 shares. Goodwin Daniel L holds 0.24% or 5,000 shares in its portfolio. Citigroup holds 726,693 shares. Hap Trading Ltd Liability has invested 0.35% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Mu Invests invested 0.02% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Symphony Asset Mngmt Ltd Company reported 11,518 shares. Investec Asset Limited invested in 75,359 shares. Asset Management One, Japan-based fund reported 160,762 shares. Lpl Financial Limited Liability Corp owns 0% invested in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 7,226 shares.

Since February 15, 2018, it had 0 buys, and 3 sales for $48.28 million activity. 252,197 shares valued at $24.12 million were sold by Slatoff Karl on Monday, April 2. ZELNICK STRAUSS sold $24.12 million worth of stock or 252,197 shares.

Lombard Odier Asset Management Usa Corp decreased its stake in Take (TTWO) by 37.5% based on its latest 2017Q4 regulatory filing with the SEC. Lombard Odier Asset Management Usa Corp sold 75,000 shares as the company’s stock declined 10.17% with the market. The institutional investor held 125,000 shares of the technology company at the end of 2017Q4, valued at $13.72M, down from 200,000 at the end of the previous reported quarter. Lombard Odier Asset Management Usa Corp who had been investing in Take for a number of months, seems to be less bullish one the $13.27B market cap company. The stock decreased 0.83% or $0.97 during the last trading session, reaching $116.09. About 1.26 million shares traded. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has risen 67.39% since May 13, 2017 and is uptrending. It has outperformed by 55.84% the S&P500.

Lombard Odier Asset Management Usa Corp, which manages about $3.79 billion and $1.30 billion US Long portfolio, upped its stake in Kraton Corporation (NYSE:KRA) by 199,140 shares to 249,140 shares, valued at $12.00 million in 2017Q4, according to the filing. It also increased its holding in Spdr Gold Trust (Call) (GLD) by 230,000 shares in the quarter, for a total of 240,000 shares, and has risen its stake in Cimarex Energy Co (NYSE:XEC).

Analysts await Take-Two Interactive Software, Inc. (NASDAQ:TTWO) to report earnings on May, 22. They expect $0.44 EPS, down 32.31 % or $0.21 from last year’s $0.65 per share. TTWO’s profit will be $50.30 million for 65.96 P/E if the $0.44 EPS becomes a reality. After $1.18 actual EPS reported by Take-Two Interactive Software, Inc. for the previous quarter, Wall Street now forecasts -62.71 % negative EPS growth.

More notable recent Take-Two Interactive Software, Inc. (NASDAQ:TTWO) news were published by: Investorplace.com which released: “3 Pros, 3 Cons for Buying Take-Two Interactive Software” on May 11, 2018, also Seekingalpha.com with their article: “Stocks To Watch: A Fed Head Talks Crypto” published on May 12, 2018, Fool.com published: “Digital Revenue Will Be in the Spotlight When Take-Two Interactive Reports Earnings” on May 13, 2018. More interesting news about Take-Two Interactive Software, Inc. (NASDAQ:TTWO) were released by: Investorplace.com and their article: “3 Earnings Reports to Watch Next Week” published on May 04, 2018 as well as Fool.com‘s news article titled: “3 Things to Watch in the Stock Market This Week” with publication date: May 13, 2018.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Ratings Coverage

Among 10 analysts covering Take-Two (NASDAQ:TTWO), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Take-Two had 13 analyst reports since December 18, 2017 according to SRatingsIntel. Barclays Capital maintained Take-Two Interactive Software, Inc. (NASDAQ:TTWO) rating on Thursday, February 8. Barclays Capital has “Overweight” rating and $128 target. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, April 19 report. The firm earned “Overweight” rating on Thursday, February 8 by Morgan Stanley. Hilliard Lyons upgraded Take-Two Interactive Software, Inc. (NASDAQ:TTWO) on Friday, February 9 to “Neutral” rating. Piper Jaffray maintained the stock with “Buy” rating in Friday, April 6 report. The stock has “Buy” rating by Stifel Nicolaus on Monday, April 30. The stock of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has “Neutral” rating given on Thursday, February 8 by Credit Suisse. The rating was maintained by Piper Jaffray with “Buy” on Thursday, February 8. As per Wednesday, February 7, the company rating was maintained by Jefferies. The stock of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) earned “Outperform” rating by Wedbush on Monday, April 30.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Institutional Positions Chart

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