High Pointe Capital Management LLC grew its stake in shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) by 164.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 57,820 shares of the company’s stock after acquiring an additional 35,990 shares during the period. Qurate Retail Inc Series A comprises 1.7% of High Pointe Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. High Pointe Capital Management LLC’s holdings in Qurate Retail Inc Series A were worth $1,284,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in QRTEA. Signaturefd LLC purchased a new stake in shares of Qurate Retail Inc Series A during the 2nd quarter valued at approximately $106,000. FTB Advisors Inc. lifted its stake in shares of Qurate Retail Inc Series A by 1,192.2% during the 2nd quarter. FTB Advisors Inc. now owns 5,311 shares of the company’s stock valued at $111,000 after buying an additional 4,900 shares in the last quarter. CENTRAL TRUST Co lifted its stake in shares of Qurate Retail Inc Series A by 204.4% during the 3rd quarter. CENTRAL TRUST Co now owns 5,981 shares of the company’s stock valued at $133,000 after buying an additional 4,016 shares in the last quarter. Bronfman E.L. Rothschild L.P. purchased a new stake in shares of Qurate Retail Inc Series A during the 2nd quarter valued at approximately $159,000. Finally, Icon Wealth Partners LLC purchased a new stake in shares of Qurate Retail Inc Series A during the 2nd quarter valued at approximately $161,000. 84.77% of the stock is owned by hedge funds and other institutional investors.

A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Qurate Retail Inc Series A from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Thursday. ValuEngine upgraded shares of Qurate Retail Inc Series A from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 8th. Aegis reiterated a “buy” rating and issued a $30.00 target price on shares of Qurate Retail Inc Series A in a research note on Tuesday, August 21st. Finally, Citigroup increased their target price on shares of Qurate Retail Inc Series A from $18.00 to $19.00 and gave the stock a “sell” rating in a research note on Friday, August 17th. Two analysts have rated the stock with a sell rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $30.60.

In related news, Director Mark C. Vadon sold 122,574 shares of the stock in a transaction on Tuesday, September 18th. The shares were sold at an average price of $22.05, for a total transaction of $2,702,756.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Michael A. George purchased 220,600 shares of the business’s stock in a transaction on Thursday, August 30th. The stock was purchased at an average cost of $20.40 per share, for a total transaction of $4,500,240.00. The disclosure for this purchase can be found here. Company insiders own 0.01% of the company’s stock.

NASDAQ QRTEA opened at $23.07 on Thursday. Qurate Retail Inc Series A has a 1 year low of $20.00 and a 1 year high of $29.11. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 0.97. The company has a market capitalization of $11.21 billion, a price-to-earnings ratio of 7.10, a PEG ratio of 2.38 and a beta of 1.06.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last posted its quarterly earnings data on Friday, November 9th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.04. The firm had revenue of $3.23 billion for the quarter, compared to analysts’ expectations of $3.19 billion. Qurate Retail Inc Series A had a net margin of 9.88% and a return on equity of 22.24%. The company’s revenue for the quarter was up 35.7% on a year-over-year basis. As a group, research analysts forecast that Qurate Retail Inc Series A will post 2.04 EPS for the current fiscal year.

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About Qurate Retail Inc Series A

Qurate Retail, Inc, through its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications to 374 million households worldwide each day.

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Institutional Ownership by Quarter for Qurate Retail Inc Series A (NASDAQ:QRTEA)

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