Liberty Interactive (QVCA) Lowered to “Sector Perform” at FBN Securities
FBN Securities lowered shares of Liberty Interactive (NASDAQ:QVCA) from an outperform rating to a sector perform rating in a report released on Friday morning, Marketbeat.com reports.
Other equities research analysts also recently issued research reports about the company. BidaskClub raised Liberty Interactive from a hold rating to a buy rating in a research report on Wednesday, January 31st. Aegis boosted their price target on Liberty Interactive from $34.00 to $35.00 and gave the company a buy rating in a research report on Friday, November 17th. DA Davidson reissued a buy rating and set a $37.00 price target on shares of Liberty Interactive in a research report on Wednesday, January 3rd. UBS Group boosted their price target on Liberty Interactive from $27.00 to $28.00 and gave the company a buy rating in a research report on Friday, November 10th. Finally, Zacks Investment Research raised Liberty Interactive from a strong sell rating to a hold rating in a research report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of $31.50.
Shares of Liberty Interactive (NASDAQ QVCA) opened at $26.57 on Friday. The company has a market capitalization of $11,964.09, a price-to-earnings ratio of 9.71, a PEG ratio of 1.33 and a beta of 1.30. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. Liberty Interactive has a 1 year low of $18.64 and a 1 year high of $29.11.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Xact Kapitalforvaltning AB boosted its position in shares of Liberty Interactive by 5.3% in the fourth quarter. Xact Kapitalforvaltning AB now owns 102,887 shares of the company’s stock worth $2,513,000 after buying an additional 5,186 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Liberty Interactive by 4.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 47,717 shares of the company’s stock worth $1,165,000 after buying an additional 2,049 shares during the period. Glenmede Trust Co. NA boosted its position in shares of Liberty Interactive by 8.7% in the fourth quarter. Glenmede Trust Co. NA now owns 1,053,416 shares of the company’s stock worth $25,722,000 after buying an additional 84,486 shares during the period. Metropolitan Life Insurance Co. NY boosted its position in shares of Liberty Interactive by 10.9% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 25,445 shares of the company’s stock worth $621,000 after buying an additional 2,507 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Liberty Interactive by 464.2% in the fourth quarter. Jane Street Group LLC now owns 155,556 shares of the company’s stock worth $3,799,000 after buying an additional 127,985 shares during the period. 86.86% of the stock is owned by institutional investors.
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Liberty Interactive 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).
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