Tower Research Capital LLC TRC bought a new position in Liberty Interactive Corp (NASDAQ:QVCA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 29,673 shares of the company’s stock, valued at approximately $724,000.
Several other hedge funds have also recently added to or reduced their stakes in the company. Highstreet Asset Management Inc. acquired a new stake in shares of Liberty Interactive in the third quarter valued at about $120,000. Toronto Dominion Bank lifted its stake in shares of Liberty Interactive by 18.2% in the second quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock valued at $132,000 after purchasing an additional 829 shares during the period. Fox Run Management L.L.C. acquired a new stake in shares of Liberty Interactive in the fourth quarter valued at about $247,000. LS Investment Advisors LLC lifted its stake in shares of Liberty Interactive by 46.5% in the fourth quarter. LS Investment Advisors LLC now owns 10,879 shares of the company’s stock valued at $266,000 after purchasing an additional 3,452 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Liberty Interactive in the third quarter valued at about $268,000. Institutional investors own 87.72% of the company’s stock.
Shares of Liberty Interactive Corp (QVCA) traded down $0.15 on Wednesday, reaching $27.50. 2,370,000 shares of the company’s stock were exchanged, compared to its average volume of 2,660,000. The company has a current ratio of 1.21, a quick ratio of 0.80 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $13,110.00, a PE ratio of 15.80, a P/E/G ratio of 1.08 and a beta of 1.31. Liberty Interactive Corp has a one year low of $18.91 and a one year high of $29.11.
QVCA has been the subject of several recent analyst reports. BidaskClub upgraded shares of Liberty Interactive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 31st. DA Davidson reiterated a “buy” rating and issued a $37.00 price objective on shares of Liberty Interactive in a research note on Wednesday, January 3rd. Zacks Investment Research cut shares of Liberty Interactive from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Aegis lifted their target price on shares of Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, November 17th. Finally, Bank of America cut their target price on shares of Liberty Interactive from $39.00 to $36.00 and set a “buy” rating for the company in a research report on Friday, March 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $32.10.
In other Liberty Interactive news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of Liberty Interactive stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total transaction of $99,320.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 10.68% of the company’s stock.
Liberty Interactive Profile
Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).
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