Gofen & Glossberg LLC IL cut its stake in shares of Liberty Interactive Corporation (NASDAQ:QVCA) by 26.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 27,301 shares of the company’s stock after selling 10,000 shares during the period. Gofen & Glossberg LLC IL’s holdings in Liberty Interactive were worth $667,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Highstreet Asset Management Inc. acquired a new position in Liberty Interactive during the 3rd quarter worth approximately $120,000. Toronto Dominion Bank lifted its position in Liberty Interactive by 18.2% during the 2nd quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock worth $132,000 after acquiring an additional 829 shares in the last quarter. South Street Advisors LLC purchased a new stake in Liberty Interactive during the 2nd quarter worth approximately $231,000. Crossmark Global Holdings Inc. purchased a new stake in Liberty Interactive during the 3rd quarter worth approximately $268,000. Finally, BT Investment Management Ltd purchased a new stake in Liberty Interactive during the 2nd quarter worth approximately $297,000. 86.64% of the stock is currently owned by hedge funds and other institutional investors.
In other news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $26.38, for a total value of $99,320.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David E. Rapley sold 4,300 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $23.52, for a total value of $101,136.00. The disclosure for this sale can be found here. 10.68% of the stock is currently owned by insiders.
Shares of Liberty Interactive Corporation (QVCA) opened at $26.72 on Thursday. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 0.93. Liberty Interactive Corporation has a twelve month low of $17.24 and a twelve month high of $27.13. The stock has a market capitalization of $11,883.97, a P/E ratio of 24.29, a price-to-earnings-growth ratio of 1.31 and a beta of 1.32.
Liberty Interactive (NASDAQ:QVCA) last issued its quarterly earnings results on Thursday, November 9th. The company reported $0.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.06. Liberty Interactive had a return on equity of 11.03% and a net margin of 5.01%. equities analysts anticipate that Liberty Interactive Corporation will post 1.82 earnings per share for the current fiscal year.
QVCA has been the topic of several analyst reports. DA Davidson restated a “buy” rating and set a $33.00 price objective on shares of Liberty Interactive in a report on Thursday, November 30th. Aegis lifted their price objective on Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, November 17th. UBS Group lifted their price objective on Liberty Interactive from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, November 10th. B. Riley restated a “buy” rating on shares of Liberty Interactive in a report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Tuesday, October 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $30.00.
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About Liberty Interactive
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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