Alpine Associates Management Inc. Buys Shares of 165,199 Liberty Interactive QVC Group (QVCA)

Alpine Associates Management Inc. bought a new position in Liberty Interactive QVC Group (NASDAQ:QVCA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 165,199 shares of the company’s stock, valued at approximately $4,035,000.

A number of other large investors have also recently bought and sold shares of the business. Macquarie Group Ltd. lifted its holdings in Liberty Interactive QVC Group by 1.0% during the 3rd quarter. Macquarie Group Ltd. now owns 7,494,949 shares of the company’s stock worth $176,656,000 after buying an additional 77,093 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Liberty Interactive QVC Group by 3.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,497,586 shares of the company’s stock worth $153,139,000 after buying an additional 240,890 shares in the last quarter. Prudential Financial Inc. lifted its holdings in Liberty Interactive QVC Group by 43.0% during the 3rd quarter. Prudential Financial Inc. now owns 3,076,473 shares of the company’s stock worth $72,512,000 after buying an additional 924,640 shares in the last quarter. Eagle Asset Management Inc. lifted its holdings in Liberty Interactive QVC Group by 4.9% during the 3rd quarter. Eagle Asset Management Inc. now owns 2,793,695 shares of the company’s stock worth $66,964,000 after buying an additional 131,024 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in Liberty Interactive QVC Group by 3.0% during the 3rd quarter. Legal & General Group Plc now owns 2,141,190 shares of the company’s stock worth $50,464,000 after buying an additional 62,193 shares in the last quarter. 86.56% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Interactive QVC Group (NASDAQ:QVCA) opened at $27.45 on Wednesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. The firm has a market capitalization of $16,650.00, a price-to-earnings ratio of 24.73, a PEG ratio of 1.32 and a beta of 1.40. Liberty Interactive QVC Group has a 12 month low of $17.24 and a 12 month high of $28.61.

Several research analysts have issued reports on the company. Zacks Investment Research downgraded Liberty Interactive QVC Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. BidaskClub downgraded Liberty Interactive QVC Group from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. FBN Securities raised Liberty Interactive QVC Group from a “sector perform” rating to a “buy” rating in a report on Wednesday, January 3rd. B. Riley reaffirmed a “buy” rating on shares of Liberty Interactive QVC Group in a report on Thursday, November 2nd. Finally, KeyCorp upped their price objective on Liberty Interactive QVC Group from $28.00 to $31.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company. Liberty Interactive QVC Group currently has a consensus rating of “Buy” and a consensus target price of $30.11.

In other news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 10.68% of the company’s stock.

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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).

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

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