Liberty Interactive QVC Group (QVCA) Given Consensus Rating of “Buy” by Brokerages

Shares of Liberty Interactive QVC Group (NASDAQ:QVCA) have received an average recommendation of “Buy” from the thirteen brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $30.75.

Several analysts have recently weighed in on QVCA shares. DA Davidson reaffirmed a “buy” rating and issued a $37.00 target price on shares of Liberty Interactive QVC Group in a report on Wednesday, January 3rd. Zacks Investment Research downgraded shares of Liberty Interactive QVC Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. BidaskClub raised shares of Liberty Interactive QVC Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 31st. Aegis lifted their target price on shares of Liberty Interactive QVC Group from $34.00 to $35.00 and gave the company a “buy” rating in a report on Friday, November 17th. Finally, KeyCorp lifted their target price on shares of Liberty Interactive QVC Group from $28.00 to $31.00 and gave the company an “overweight” rating in a report on Friday, January 26th.

Shares of Liberty Interactive QVC Group (NASDAQ:QVCA) traded up $0.38 during trading hours on Tuesday, hitting $26.98. 2,499,900 shares of the stock traded hands, compared to its average volume of 3,106,612. The stock has a market capitalization of $11,946.85, a P/E ratio of 24.53, a price-to-earnings-growth ratio of 1.32 and a beta of 1.39. 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 QVC Group has a 1-year low of $17.24 and a 1-year high of $28.61.

In related news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the business’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total transaction of $99,320.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 10.68% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its holdings in Liberty Interactive QVC Group by 4.3% during the fourth quarter. BlackRock Inc. now owns 20,160,224 shares of the company’s stock worth $492,314,000 after buying an additional 822,725 shares in the last quarter. Macquarie Group Ltd. raised its position in Liberty Interactive QVC Group by 1.0% during the third quarter. Macquarie Group Ltd. now owns 7,494,949 shares of the company’s stock worth $176,656,000 after acquiring an additional 77,093 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Liberty Interactive QVC Group by 3.9% during the third quarter. Dimensional Fund Advisors LP now owns 6,497,586 shares of the company’s stock worth $153,139,000 after acquiring an additional 240,890 shares during the last quarter. Eagle Asset Management Inc. raised its position in Liberty Interactive QVC Group by 11.6% during the fourth quarter. Eagle Asset Management Inc. now owns 3,117,518 shares of the company’s stock worth $77,149,000 after acquiring an additional 323,823 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in Liberty Interactive QVC Group by 43.0% during the third quarter. Prudential Financial Inc. now owns 3,076,473 shares of the company’s stock worth $72,512,000 after acquiring an additional 924,640 shares during the last quarter. 86.56% of the stock is currently owned by hedge funds and other institutional investors.

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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).

Analyst Recommendations for Liberty Interactive QVC Group (NASDAQ:QVCA)

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