Cerebellum GP LLC purchased a new stake in shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 67,479 shares of the company’s stock, valued at approximately $569,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QRTEA. Citizens Financial Group Inc RI grew its position in Qurate Retail Inc Series A by 150.9% in the third quarter. Citizens Financial Group Inc RI now owns 2,509 shares of the company’s stock worth $26,000 after acquiring an additional 1,509 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Qurate Retail Inc Series A in the fourth quarter worth $40,000. Mercer Capital Advisers Inc. purchased a new position in Qurate Retail Inc Series A in the third quarter worth $77,000. Pinebridge Investments L.P. purchased a new position in Qurate Retail Inc Series A in the second quarter worth $102,000. Finally, Sterling Investment Advisors Ltd. purchased a new position in Qurate Retail Inc Series A in the third quarter worth $103,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Several analysts have issued reports on QRTEA shares. Evercore ISI restated a “hold” rating on shares of Qurate Retail Inc Series A in a research report on Wednesday, November 13th. ValuEngine upgraded shares of Qurate Retail Inc Series A from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd. Craig Hallum cut their price target on shares of Qurate Retail Inc Series A from $24.00 to $16.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. UBS Group cut their price target on shares of Qurate Retail Inc Series A from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Finally, Zacks Investment Research lowered shares of Qurate Retail Inc Series A from a “buy” rating to a “hold” rating in a research report on Saturday, November 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $16.83.

QRTEA stock opened at $8.63 on Thursday. Qurate Retail Inc Series A has a 1 year low of $7.64 and a 1 year high of $22.29. The company has a market cap of $3.66 billion, a P/E ratio of 4.64, a PEG ratio of 0.46 and a beta of 1.10. The firm has a 50-day moving average of $8.48 and a 200 day moving average of $10.51. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.14 and a quick ratio of 0.64.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last released its quarterly earnings results on Monday, November 11th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.08. Qurate Retail Inc Series A had a negative net margin of 2.37% and a positive return on equity of 14.94%. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the firm earned $0.37 earnings per share. Qurate Retail Inc Series A’s revenue was down 4.4% on a year-over-year basis. On average, equities research analysts expect that Qurate Retail Inc Series A will post 1.92 earnings per share for the current fiscal year.

In other Qurate Retail Inc Series A news, insider Albert E. Rosenthaler sold 58,992 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $8.32, for a total value of $490,813.44. Following the sale, the insider now owns 152,118 shares in the company, valued at $1,265,621.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.01% of the stock is currently owned by corporate insiders.

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. The company markets and sells various consumer products primarily through live video programs, Websites, and mobile applications to 404 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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