Loomis Sayles & Co. L P Has $14.73 Million Position in Qurate Retail Inc Series A (QRTEA)

Loomis Sayles & Co. L P decreased its position in shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) by 36.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 663,365 shares of the company’s stock after selling 384,043 shares during the period. Loomis Sayles & Co. L P owned about 0.14% of Qurate Retail Inc Series A worth $14,734,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gabelli Funds LLC acquired a new stake in shares of Qurate Retail Inc Series A during the 2nd quarter worth approximately $26,654,000. Oppenheimer Asset Management Inc. boosted its position in shares of Qurate Retail Inc Series A by 31.5% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 158,598 shares of the company’s stock worth $3,523,000 after acquiring an additional 37,950 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Qurate Retail Inc Series A during the 2nd quarter worth approximately $248,000. Renaissance Technologies LLC acquired a new stake in shares of Qurate Retail Inc Series A during the 2nd quarter worth approximately $21,888,000. Finally, CENTRAL TRUST Co boosted its position in shares of Qurate Retail Inc Series A by 204.4% during the 3rd quarter. CENTRAL TRUST Co now owns 5,981 shares of the company’s stock worth $133,000 after acquiring an additional 4,016 shares in the last quarter. Institutional investors and hedge funds own 86.95% of the company’s stock.

QRTEA has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Qurate Retail Inc Series A from a “sell” rating to a “hold” rating in a research report on Saturday, August 11th. Citigroup increased their price target on shares of Qurate Retail Inc Series A from $18.00 to $19.00 and gave the stock a “sell” rating in a research report on Friday, August 17th. ValuEngine upgraded shares of Qurate Retail Inc Series A from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 16th. Finally, Aegis reiterated a “buy” rating and set a $30.00 price target on shares of Qurate Retail Inc Series A in a research report on Tuesday, August 21st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $30.71.

In other Qurate Retail Inc Series A news, Director Mark C. Vadon sold 122,574 shares of the firm’s stock in a transaction that occurred on Tuesday, September 18th. The shares were sold at an average price of $22.05, for a total value of $2,702,756.70. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.01% of the company’s stock.

Shares of Qurate Retail Inc Series A stock opened at $21.36 on Friday. Qurate Retail Inc Series A has a fifty-two week low of $20.00 and a fifty-two week high of $29.11. The company has a current ratio of 0.97, a quick ratio of 0.51 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $9.99 billion, a price-to-earnings ratio of 6.57, a P/E/G ratio of 2.06 and a beta of 1.06.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last issued its earnings results on Friday, November 9th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Qurate Retail Inc Series A had a net margin of 9.88% and a return on equity of 22.24%. The firm had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.19 billion. The company’s quarterly revenue was up 35.7% compared to the same quarter last year. Equities analysts anticipate that Qurate Retail Inc Series A will post 2.14 EPS for the current fiscal year.

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Qurate Retail Inc Series A Company Profile

Qurate Retail, Inc, through its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications to 374 million households worldwide each day.

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Institutional Ownership by Quarter for Qurate Retail Inc Series A (NASDAQ:QRTEA)

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