Liberty Interactive (QVCA) Stock Rating Reaffirmed by DA Davidson

Liberty Interactive (NASDAQ:QVCA)‘s stock had its “buy” rating reissued by DA Davidson in a report issued on Wednesday. They presently have a $37.00 target price on the stock. DA Davidson’s price target would suggest a potential upside of 49.68% from the company’s previous close.

Several other analysts also recently weighed in on QVCA. Zacks Investment Research downgraded Liberty Interactive from a “buy” rating to a “hold” rating in a research note on Tuesday. ValuEngine upgraded Liberty Interactive from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. BidaskClub upgraded Liberty Interactive from a “sell” rating to a “hold” rating in a research note on Thursday, December 21st. Citigroup downgraded Liberty Interactive from a “neutral” rating to a “sell” rating and lowered their target price for the company from $27.00 to $22.00 in a research note on Thursday, September 28th. Finally, Aegis raised their target price on Liberty Interactive from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, November 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $30.00.

Shares of Liberty Interactive (NASDAQ:QVCA) traded up $0.30 during trading on Wednesday, hitting $24.72. The stock had a trading volume of 5,325,100 shares, compared to its average volume of 8,578,500. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $15,870.00, a P/E ratio of 22.27, a PEG ratio of 1.54 and a beta of 1.33. Liberty Interactive has a 12 month low of $17.24 and a 12 month high of $26.79.

In other Liberty Interactive news, Director David E. Rapley sold 4,300 shares of Liberty Interactive stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $23.52, for a total value of $101,136.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of Liberty Interactive stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total value of $99,320.70. The disclosure for this sale can be found here. Insiders sold 1,288,215 shares of company stock valued at $29,575,678 over the last quarter. Insiders own 10.68% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. Prudential Financial Inc. boosted its stake in Liberty Interactive by 43.0% in the third quarter. Prudential Financial Inc. now owns 3,076,473 shares of the company’s stock valued at $72,512,000 after acquiring an additional 924,640 shares during the period. Atlantic Trust Group LLC boosted its stake in Liberty Interactive by 4.2% in the third quarter. Atlantic Trust Group LLC now owns 188,473 shares of the company’s stock valued at $4,443,000 after acquiring an additional 7,531 shares during the period. Parametric Portfolio Associates LLC boosted its stake in Liberty Interactive by 3.8% in the third quarter. Parametric Portfolio Associates LLC now owns 2,073,250 shares of the company’s stock valued at $48,867,000 after acquiring an additional 74,954 shares during the period. Gofen & Glossberg LLC IL boosted its stake in Liberty Interactive by 30.6% in the third quarter. Gofen & Glossberg LLC IL now owns 37,301 shares of the company’s stock valued at $879,000 after acquiring an additional 8,742 shares during the period. Finally, California Public Employees Retirement System boosted its stake in Liberty Interactive by 1.8% in the third quarter. California Public Employees Retirement System now owns 1,197,510 shares of the company’s stock valued at $28,225,000 after acquiring an additional 21,148 shares during the period. Institutional investors own 97.02% of the company’s stock.

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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).

Analyst Recommendations for Liberty Interactive (NASDAQ:QVCA)

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