Liberty Interactive QVC Group (NASDAQ:QVCA) had its price target increased by equities researchers at KeyCorp from $28.00 to $31.00 in a research report issued on Friday. The firm currently has an “overweight” rating on the stock. KeyCorp’s target price suggests a potential upside of 10.40% from the stock’s current price.
Other analysts have also recently issued reports about the company. FBN Securities upgraded Liberty Interactive QVC Group from a “sector perform” rating to a “buy” rating in a research report on Wednesday, January 3rd. UBS Group boosted their price objective on Liberty Interactive QVC Group from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, November 10th. B. Riley restated a “buy” rating on shares of Liberty Interactive QVC Group in a research report on Thursday, November 2nd. ValuEngine upgraded Liberty Interactive QVC Group from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, BidaskClub upgraded Liberty Interactive QVC Group from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company’s stock. Liberty Interactive QVC Group currently has an average rating of “Buy” and an average price target of $30.11.
Liberty Interactive QVC Group (QVCA) traded up $0.44 on Friday, hitting $28.08. The stock had a trading volume of 2,666,807 shares, compared to its average volume of 3,414,956. The company has a market capitalization of $17,140.00, a PE ratio of 25.30, a PEG ratio of 1.36 and a beta of 1.33. 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 $28.22.
In other Liberty Interactive QVC Group news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the company’s 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 sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David E. Rapley sold 4,300 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $23.52, for a total value of $101,136.00. The disclosure for this sale can be found here. Corporate insiders own 10.68% of the company’s stock.
A number of large investors have recently made changes to their positions in the business. Harris Associates L P grew its position in Liberty Interactive QVC Group by 2.6% in the second quarter. Harris Associates L P now owns 24,183,983 shares of the company’s stock valued at $593,475,000 after acquiring an additional 618,514 shares during the period. Makaira Partners LLC grew its position in Liberty Interactive QVC Group by 5.5% in the second quarter. Makaira Partners LLC now owns 7,517,833 shares of the company’s stock valued at $184,488,000 after acquiring an additional 390,716 shares during the period. Macquarie Group Ltd. grew its position in Liberty Interactive QVC Group by 1.0% in the third quarter. Macquarie Group Ltd. now owns 7,494,949 shares of the company’s stock valued at $176,656,000 after acquiring an additional 77,093 shares during the period. Dimensional Fund Advisors LP grew its position in Liberty Interactive QVC Group by 3.9% in the third quarter. Dimensional Fund Advisors LP now owns 6,497,586 shares of the company’s stock valued at $153,139,000 after acquiring an additional 240,890 shares during the period. Finally, Prudential Financial Inc. grew its position in Liberty Interactive QVC Group 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. Hedge funds and other institutional investors own 86.64% of the company’s stock.
Liberty Interactive QVC Group Company Profile
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).
