Flinton Capital Management LLC Takes $835,000 Position in Liberty Interactive Corporation (LVNTA)

Flinton Capital Management LLC bought a new position in shares of Liberty Interactive Corporation (NASDAQ:LVNTA) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,980 shares of the company’s stock, valued at approximately $835,000.

Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its position in Liberty Interactive Corporation by 18.8% during the second quarter. PNC Financial Services Group Inc. now owns 2,047 shares of the company’s stock worth $107,000 after buying an additional 324 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in Liberty Interactive Corporation during the first quarter worth about $142,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Liberty Interactive Corporation by 10.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,830 shares of the company’s stock worth $148,000 after buying an additional 274 shares in the last quarter. US Bancorp DE grew its position in Liberty Interactive Corporation by 15.4% during the first quarter. US Bancorp DE now owns 3,462 shares of the company’s stock worth $154,000 after buying an additional 462 shares in the last quarter. Finally, Sphera Funds Management LTD. acquired a new stake in Liberty Interactive Corporation during the second quarter worth about $157,000. 91.47% of the stock is currently owned by institutional investors and hedge funds.

Shares of Liberty Interactive Corporation (LVNTA) opened at 59.31 on Friday. Liberty Interactive Corporation has a 12-month low of $36.54 and a 12-month high of $62.41. The firm’s 50-day moving average price is $58.97 and its 200-day moving average price is $54.49. The firm has a market capitalization of $5.08 billion, a P/E ratio of 6.20 and a beta of 0.99.

Liberty Interactive Corporation (NASDAQ:LVNTA) last announced its earnings results on Tuesday, August 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.22). Liberty Interactive Corporation had a return on equity of 6.65% and a net margin of 653.21%. The business had revenue of $6.00 million for the quarter, compared to analyst estimates of $2.00 million. Equities analysts predict that Liberty Interactive Corporation will post $5.10 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on LVNTA shares. Pivotal Research lifted their target price on Liberty Interactive Corporation from $58.00 to $66.00 and gave the stock a “buy” rating in a research report on Tuesday, July 4th. BidaskClub downgraded Liberty Interactive Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 21st. FBR & Co reaffirmed a “buy” rating and set a $78.00 price objective (up from $60.00) on shares of Liberty Interactive Corporation in a report on Monday, August 14th. Finally, ValuEngine downgraded Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $65.67.

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In other Liberty Interactive Corporation news, Director Mark C. Vadon sold 273,729 shares of the stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $23.39, for a total transaction of $6,402,521.31. Following the transaction, the director now owns 630,300 shares in the company, valued at approximately $14,742,717. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark C. Vadon sold 201,424 shares of the stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $23.56, for a total transaction of $4,745,549.44. Following the transaction, the director now owns 630,300 shares in the company, valued at approximately $14,849,868. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 477,488 shares of company stock worth $11,204,298.

Liberty Interactive Corporation Profile

Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).

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Institutional Ownership by Quarter for Liberty Interactive Corporation (NASDAQ:LVNTA)

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