GSA Capital Partners LLP acquired a new position in shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) in the second quarter, HoldingsChannel reports. The firm acquired 10,425 shares of the company’s stock, valued at approximately $221,000.

Other large investors also recently bought and sold shares of the company. Eagle Asset Management Inc. purchased a new stake in shares of Qurate Retail Inc Series A during the second quarter worth $83,581,000. Wells Fargo & Company MN purchased a new stake in shares of Qurate Retail Inc Series A during the second quarter worth $57,082,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Qurate Retail Inc Series A during the second quarter worth $52,757,000. Victory Capital Management Inc. purchased a new stake in shares of Qurate Retail Inc Series A during the second quarter worth $45,888,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Qurate Retail Inc Series A during the second quarter worth $43,883,000. Institutional investors own 85.13% of the company’s stock.

Qurate Retail Inc Series A stock opened at $22.37 on Wednesday. Qurate Retail Inc Series A has a 52-week low of $20.00 and a 52-week high of $29.11. The firm has a market cap of $10.42 billion, a PE ratio of 6.88, a price-to-earnings-growth ratio of 2.15 and a beta of 1.29. The company has a quick ratio of 0.57, a current ratio of 1.00 and a debt-to-equity ratio of 1.08.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last announced its quarterly earnings data on Wednesday, August 8th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). Qurate Retail Inc Series A had a net margin of 10.97% and a return on equity of 21.05%. The firm had revenue of $3.23 billion during the quarter, compared to analysts’ expectations of $3.23 billion. equities research analysts anticipate that Qurate Retail Inc Series A will post 2.03 EPS for the current fiscal year.

In related news, Director Mark C. Vadon sold 122,574 shares of the company’s stock in a transaction dated 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 Securities & Exchange Commission, which is available at this link. Also, CEO Michael A. George acquired 220,600 shares of the company’s stock in a transaction that occurred on Thursday, August 30th. The stock was purchased at an average cost of $20.40 per share, with a total value of $4,500,240.00. The disclosure for this purchase can be found here. Corporate insiders own 0.01% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Qurate Retail Inc Series A from a “hold” rating to a “sell” rating in a report on Wednesday, August 1st. Aegis reaffirmed a “buy” rating and set a $30.00 target price on shares of Qurate Retail Inc Series A in a report on Tuesday, August 21st. ValuEngine raised shares of Qurate Retail Inc Series A from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 8th. Finally, Citigroup dropped their target price on shares of Qurate Retail Inc Series A from $25.00 to $18.00 and set a “sell” rating for the company in a report on Tuesday, June 19th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Qurate Retail Inc Series A currently has a consensus rating of “Buy” and an average target price of $30.60.

Qurate Retail Inc Series A Profile

Qurate Retail Group, Inc markets and sells various consumer products primarily through live merchandise-focused televised shopping programs, Websites, and mobile applications. The company's Websites offers home, apparel, beauty, accessories, jewelry, and electronics products. It also operates as an online retailer of women's, children's, and men's apparel, and children's merchandise; and home, beauty, and personalized products, as well as retails its products through catalogs, and retail and outlet stores.

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

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