Liberty Interactive Corporation (NASDAQ:QVCA) – Equities researchers at KeyCorp cut their Q1 2018 earnings per share (EPS) estimates for shares of Liberty Interactive in a research note issued to investors on Wednesday. KeyCorp analyst E. Yruma now forecasts that the company will post earnings of $0.37 per share for the quarter, down from their previous forecast of $0.38.
Other equities analysts also recently issued reports about the company. UBS Group boosted their price objective on Liberty Interactive from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. FBN Securities raised Liberty Interactive from a “sector perform” rating to a “buy” rating in a research report on Wednesday, January 3rd. B. Riley reissued a “buy” rating on shares of Liberty Interactive in a research report on Thursday, November 2nd. ValuEngine raised Liberty Interactive from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, BidaskClub raised Liberty Interactive from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. Liberty Interactive currently has a consensus rating of “Buy” and a consensus price target of $30.00.
Liberty Interactive (NASDAQ:QVCA) opened at $26.85 on Friday. Liberty Interactive has a 52-week low of $17.24 and a 52-week high of $26.93. The company has a market capitalization of $11,969.31, a PE ratio of 24.41, a PEG ratio of 1.33 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.
In related news, Director David E. Rapley sold 4,300 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $23.52, for a total value of $101,136.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total value of $99,320.70. The disclosure for this sale can be found here. Insiders own 10.68% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in QVCA. Dodge & Cox boosted its holdings in Liberty Interactive by 19.0% in the second quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock valued at $695,703,000 after purchasing an additional 4,527,707 shares in the last quarter. Numeric Investors LLC acquired a new position in Liberty Interactive in the second quarter valued at approximately $67,939,000. Jennison Associates LLC acquired a new position in Liberty Interactive in the third quarter valued at approximately $27,494,000. Thompson Siegel & Walmsley LLC boosted its holdings in Liberty Interactive by 201.2% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,408,445 shares of the company’s stock valued at $33,197,000 after purchasing an additional 940,805 shares in the last quarter. Finally, Prudential Financial Inc. lifted its stake in Liberty Interactive by 43.0% in the third quarter. Prudential Financial Inc. now owns 3,076,473 shares of the company’s stock valued at $72,512,000 after buying an additional 924,640 shares during the last quarter. 86.64% of the stock is owned by hedge funds and other 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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