Liberty Interactive QVC Group (QVCA) Position Lifted by Penserra Capital Management LLC

Penserra Capital Management LLC increased its holdings in shares of Liberty Interactive QVC Group (NASDAQ:QVCA) by 74.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 235,241 shares of the company’s stock after acquiring an additional 100,267 shares during the period. Penserra Capital Management LLC owned approximately 0.05% of Liberty Interactive QVC Group worth $5,744,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Highstreet Asset Management Inc. purchased a new stake in Liberty Interactive QVC Group during the third quarter worth $120,000. Toronto Dominion Bank boosted its position in Liberty Interactive QVC Group by 18.2% during the second quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock worth $132,000 after purchasing an additional 829 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in Liberty Interactive QVC Group during the fourth quarter worth $247,000. LS Investment Advisors LLC boosted its position in Liberty Interactive QVC Group by 46.5% during the fourth quarter. LS Investment Advisors LLC now owns 10,879 shares of the company’s stock worth $266,000 after purchasing an additional 3,452 shares in the last quarter. Finally, Crossmark Global Holdings Inc. purchased a new stake in Liberty Interactive QVC Group during the third quarter worth $268,000. 86.56% 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 company’s stock in a transaction 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 SEC, which is available through this link. 10.68% of the stock is owned by corporate insiders.

A number of analysts have commented on the company. BidaskClub upgraded Liberty Interactive QVC Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 31st. DA Davidson reiterated a “buy” rating and set a $33.00 target price on shares of Liberty Interactive QVC Group in a research report on Thursday, November 30th. KeyCorp boosted their target price on Liberty Interactive QVC Group from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. Aegis boosted their target price on Liberty Interactive QVC Group from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, November 17th. Finally, UBS Group boosted their target price on Liberty Interactive QVC Group from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $30.11.

Shares of Liberty Interactive QVC Group (QVCA) opened at $26.98 on Tuesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. Liberty Interactive QVC Group has a 12-month low of $17.24 and a 12-month high of $28.61. The stock has a market capitalization of $11,946.85, a price-to-earnings ratio of 15.20, a PEG ratio of 1.32 and a beta of 1.39.

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About Liberty Interactive QVC Group

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).

Institutional Ownership by Quarter for Liberty Interactive QVC Group (NASDAQ:QVCA)

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