Parametric Portfolio Associates LLC Buys 74,954 Shares of Liberty Interactive Corporation (QVCA)
Parametric Portfolio Associates LLC grew its holdings in shares of Liberty Interactive Corporation (NASDAQ:QVCA) by 3.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,073,250 shares of the company’s stock after acquiring an additional 74,954 shares during the period. Parametric Portfolio Associates LLC owned about 0.52% of Liberty Interactive worth $48,867,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Highstreet Asset Management Inc. acquired a new stake in shares of Liberty Interactive during the third quarter valued at about $120,000. Toronto Dominion Bank grew its stake in shares of Liberty Interactive by 18.2% during the second quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock valued at $132,000 after acquiring an additional 829 shares in the last quarter. Fiduciary Trust Co. acquired a new stake in shares of Liberty Interactive during the second quarter valued at about $144,000. Global X Management Co. LLC grew its stake in shares of Liberty Interactive by 1.1% during the second quarter. Global X Management Co. LLC now owns 6,036 shares of the company’s stock valued at $148,000 after acquiring an additional 67 shares in the last quarter. Finally, South Street Advisors LLC acquired a new stake in shares of Liberty Interactive during the second quarter valued at about $231,000. Institutional investors own 97.02% of the company’s stock.
Liberty Interactive Corporation (NASDAQ:QVCA) opened at $26.23 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.73 and a current ratio of 1.18. Liberty Interactive Corporation has a 12-month low of $17.24 and a 12-month high of $26.67. The company has a market cap of $9,955.24, a PE ratio of 14.18, a PEG ratio of 1.59 and a beta of 1.32.
Several analysts have recently weighed in on QVCA shares. Aegis raised their target price on Liberty Interactive from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, November 17th. ValuEngine upgraded Liberty Interactive from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded Liberty Interactive from a “hold” rating to a “sell” rating in a research note on Tuesday, September 19th. UBS raised their target price on Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Finally, Citigroup downgraded Liberty Interactive from a “neutral” rating to a “sell” rating and lowered their target price for the company from $27.00 to $22.00 in a research note on Thursday, September 28th. Two analysts have rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $29.50.
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About Liberty Interactive
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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