Liberty Interactive Corporation (NASDAQ:QVCA) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

QVCA has been the topic of a number of other research reports. FBR & Co reiterated an “outperform” rating and set a $24.00 price objective (up previously from $22.00) on shares of Liberty Interactive Corporation in a research note on Friday, April 21st. Aegis reiterated a “buy” rating and set a $31.00 price objective (up previously from $27.00) on shares of Liberty Interactive Corporation in a research note on Tuesday, May 30th. Craig Hallum set a $28.00 price objective on Liberty Interactive Corporation and gave the stock a “buy” rating in a research note on Monday, July 10th. Maxim Group dropped their price objective on Liberty Interactive Corporation from $39.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday, July 7th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $28.00 price objective (up previously from $26.00) on shares of Liberty Interactive Corporation in a research note on Sunday, May 14th. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $29.27.

Shares of Liberty Interactive Corporation (NASDAQ QVCA) traded down 0.37% during trading on Monday, reaching $24.23. 3,926,628 shares of the company traded hands. Liberty Interactive Corporation has a 12 month low of $17.24 and a 12 month high of $26.92. The stock’s 50 day moving average price is $24.10 and its 200-day moving average price is $21.63. The stock has a market cap of $10.93 billion, a P/E ratio of 24.38 and a beta of 1.21.

Liberty Interactive Corporation (NASDAQ:QVCA) last announced its quarterly earnings data on Tuesday, May 9th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Liberty Interactive Corporation had a return on equity of 9.98% and a net margin of 4.59%. The company had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.32 billion. On average, equities research analysts expect that Liberty Interactive Corporation will post $1.09 EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of the stock. Regentatlantic Capital LLC acquired a new stake in Liberty Interactive Corporation during the first quarter worth $1,244,000. Capstone Asset Management Co. boosted its stake in Liberty Interactive Corporation by 7.8% in the first quarter. Capstone Asset Management Co. now owns 11,288 shares of the company’s stock worth $226,000 after buying an additional 820 shares during the period. Private Bank & Trust Co. boosted its stake in Liberty Interactive Corporation by 0.6% in the first quarter. Private Bank & Trust Co. now owns 27,726 shares of the company’s stock worth $556,000 after buying an additional 178 shares during the period. Reliance Trust Co. of Delaware boosted its stake in Liberty Interactive Corporation by 24.4% in the first quarter. Reliance Trust Co. of Delaware now owns 38,000 shares of the company’s stock worth $760,000 after buying an additional 7,454 shares during the period. Finally, Telemus Capital LLC boosted its stake in Liberty Interactive Corporation by 74.3% in the first quarter. Telemus Capital LLC now owns 35,436 shares of the company’s stock worth $709,000 after buying an additional 15,105 shares during the period. Institutional investors and hedge funds own 90.02% of the company’s stock.

About Liberty Interactive Corporation

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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Analyst Recommendations for Liberty Interactive Corporation (NASDAQ:QVCA)

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