Today: Bronfman E.L. Rothschild L.P. invests in Liberty Interactive Group (QVCA) Shares

Today: Bronfman E.L. Rothschild L.P. invests in Liberty Interactive Group (QVCA) Shares

Bronfman E.L. Rothschild L.P. increased its position in shares of Liberty Interactive Group (NASDAQ:QVCA) by 21.8% during the third quarter, Holdings Channel reports. The firm owned 16,081 shares of the company’s stock after buying an additional 2,881 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Liberty Interactive Group were worth $322,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in QVCA. Creative Planning raised its position in shares of Liberty Interactive Group by 0.3% in the third quarter. Creative Planning now owns 12,627 shares of the company’s stock worth $253,000 after buying an additional 42 shares during the period. MUFG Americas Holdings Corp raised its position in Liberty Interactive Group by 0.8% in the second quarter. MUFG Americas Holdings Corp now owns 8,685 shares of the company’s stock valued at $220,000 after buying an additional 65 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its position in Liberty Interactive Group by 0.3% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 30,956 shares of the company’s stock valued at $785,000 after buying an additional 99 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in Liberty Interactive Group by 0.9% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 14,734 shares of the company’s stock valued at $295,000 after buying an additional 126 shares during the last quarter. Finally, Hartford Investment Management Co. raised its position in Liberty Interactive Group by 2.0% in the second quarter. Hartford Investment Management Co. now owns 8,550 shares of the company’s stock valued at $217,000 after buying an additional 165 shares during the last quarter. Institutional investors own 89.99% of the company’s stock.

Liberty Interactive Group (NASDAQ:QVCA) traded down 0.339% during midday trading on Monday, hitting $22.035. 1,061,227 shares of the stock traded hands. The stock has a market cap of $10.29 billion, a PE ratio of 21.188 and a beta of 1.32. Liberty Interactive Group has a 1-year low of $17.88 and a 1-year high of $27.58. The company has a 50-day moving average of $19.51 and a 200-day moving average of $22.63.

QVCA has been the topic of several recent research reports. Zacks Investment Research lowered shares of Liberty Interactive Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 6th. FBN Securities upgraded shares of Liberty Interactive Group from a “sector perform” rating to an “outperform” rating in a report on Wednesday, August 10th. Bank of America Corp. initiated coverage on shares of Liberty Interactive Group in a report on Tuesday, September 20th. They set a “neutral” rating on the stock. FBR & Co reduced their target price on shares of Liberty Interactive Group from $30.00 to $25.00 and set an “outperform” rating on the stock in a report on Friday, August 12th. Finally, Wunderlich reduced their target price on shares of Liberty Interactive Group from $38.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, August 8th. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. Liberty Interactive Group has a consensus rating of “Buy” and an average target price of $30.33.

In other news, CFO Christopher W. Shean sold 4,800 shares of the stock in a transaction on Thursday, September 22nd. The shares were sold at an average price of $38.78, for a total transaction of $186,144.00. Following the transaction, the chief financial officer now owns 91,003 shares in the company, valued at approximately $3,529,096.34. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark C. Vadon sold 511,074 shares of the stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $20.94, for a total transaction of $10,701,889.56. Following the transaction, the director now owns 3,251,374 shares in the company, valued at approximately $68,083,771.56. The disclosure for this sale can be found here. 10.78% of the stock is currently owned by company insiders.

Liberty Interactive Group Company Profile

Liberty Interactive Corporation owns interests in subsidiaries and other companies that are engaged in the video and digital commerce industries. The Company’s segments include QVC and zulily. The Company holds interests in QVC Group and the Liberty Ventures Group. The QVC Group consists of the Company’s subsidiaries, including QVC, Inc (QVC) and zulily, llc (zulily), and its interest in HSN, Inc (HSN).

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