Principal Financial Group Inc. increased its stake in Liberty Interactive Corporation (NASDAQ:LVNTA) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,420,724 shares of the company’s stock after buying an additional 67,056 shares during the period. Principal Financial Group Inc. owned about 4.00% of Liberty Interactive Corporation worth $178,869,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in LVNTA. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Liberty Interactive Corporation by 10.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,830 shares of the company’s stock valued at $148,000 after buying an additional 274 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of Liberty Interactive Corporation during the first quarter valued at approximately $142,000. US Bancorp DE increased its stake in shares of Liberty Interactive Corporation by 15.4% in the first quarter. US Bancorp DE now owns 3,462 shares of the company’s stock valued at $154,000 after buying an additional 462 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Liberty Interactive Corporation by 8.8% in the first quarter. Envestnet Asset Management Inc. now owns 3,668 shares of the company’s stock valued at $164,000 after buying an additional 297 shares during the last quarter. Finally, SOL Capital Management CO bought a new stake in shares of Liberty Interactive Corporation during the second quarter valued at approximately $215,000. 91.47% of the stock is owned by institutional investors and hedge funds.

Shares of Liberty Interactive Corporation (LVNTA) opened at 60.57 on Thursday. The firm has a market cap of $5.18 billion, a PE ratio of 6.34 and a beta of 1.02. Liberty Interactive Corporation has a 52 week low of $36.54 and a 52 week high of $62.41. The firm has a 50-day moving average of $57.87 and a 200 day moving average of $51.44.

Liberty Interactive Corporation (NASDAQ:LVNTA) last announced its quarterly earnings data on Tuesday, August 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.22. The company had revenue of $6 million for the quarter, compared to the consensus estimate of $2 million. Liberty Interactive Corporation had a net margin of 653.21% and a return on equity of 6.65%. Equities research analysts predict that Liberty Interactive Corporation will post $5.10 EPS for the current fiscal year.

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Several brokerages recently commented on LVNTA. FBR & Co reaffirmed a “buy” rating and set a $78.00 target price (up previously from $60.00) on shares of Liberty Interactive Corporation in a report on Monday, August 14th. Pivotal Research reaffirmed a “buy” rating and set a $68.00 target price (up previously from $66.00) on shares of Liberty Interactive Corporation in a report on Tuesday, August 15th. ValuEngine downgraded shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, BidaskClub downgraded shares of Liberty Interactive Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 21st. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $60.25.

About Liberty Interactive Corporation

Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).

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Institutional Ownership by Quarter for Liberty Interactive Corporation (NASDAQ:LVNTA)

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