Liberty Interactive Corporation (QVCA) Holdings Raised by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. boosted its position in Liberty Interactive Corporation (NASDAQ:QVCA) by 2.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,117,017 shares of the company’s stock after purchasing an additional 22,361 shares during the period. Schwab Charles Investment Management Inc. owned about 0.28% of Liberty Interactive worth $26,329,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in QVCA. Dodge & Cox grew its position in shares of Liberty Interactive by 19.0% during the 2nd quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock valued at $695,703,000 after acquiring an additional 4,527,707 shares during the period. Numeric Investors LLC bought a new position in shares of Liberty Interactive during the 2nd quarter valued at approximately $67,939,000. P Schoenfeld Asset Management LP bought a new position in shares of Liberty Interactive during the 2nd quarter valued at approximately $37,404,000. Jennison Associates LLC bought a new position in shares of Liberty Interactive during the 3rd quarter valued at approximately $27,494,000. Finally, Thompson Siegel & Walmsley LLC grew its position in shares of Liberty Interactive by 201.2% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,408,445 shares of the company’s stock valued at $33,197,000 after acquiring an additional 940,805 shares during the period. 97.08% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently weighed in on QVCA. ValuEngine downgraded shares of Liberty Interactive from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub downgraded shares of Liberty Interactive from a “hold” rating to a “sell” rating in a research report on Thursday. Zacks Investment Research raised shares of Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Tuesday, October 10th. DA Davidson began coverage on shares of Liberty Interactive in a research report on Wednesday, September 13th. They set a “buy” rating and a $33.00 target price for the company. Finally, B. Riley reissued a “buy” rating on shares of Liberty Interactive in a research report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company’s stock. Liberty Interactive has an average rating of “Buy” and a consensus target price of $29.50.

Shares of Liberty Interactive Corporation (QVCA) opened at $24.53 on Thursday. The company has a market cap of $9,834.91, a P/E ratio of 14.01, a P/E/G ratio of 1.57 and a beta of 1.32. 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 52 week low of $17.24 and a 52 week high of $26.00.

In related news, Director Mark C. Vadon sold 125,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $22.12, for a total transaction of $2,765,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David E. Rapley sold 4,300 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $23.52, for a total transaction of $101,136.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,286,785 shares of company stock worth $29,532,584 over the last 90 days. 10.68% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://stocknewstimes.com/2017/12/14/liberty-interactive-corporation-qvca-holdings-raised-by-schwab-charles-investment-management-inc.html.

Liberty Interactive 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).

Institutional Ownership by Quarter for Liberty Interactive (NASDAQ:QVCA)

Receive News & Ratings for Liberty Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Interactive and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply