Regentatlantic Capital LLC Has $1.34 Million Stock Position in Qurate Retail Inc Series A (NASDAQ:QRTEA)

Regentatlantic Capital LLC lowered its stake in shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) by 49.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 108,218 shares of the company’s stock after selling 104,765 shares during the period. Regentatlantic Capital LLC’s holdings in Qurate Retail Inc Series A were worth $1,341,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in QRTEA. Alera Investment Advisors LLC raised its holdings in shares of Qurate Retail Inc Series A by 1,196.4% in the 1st quarter. Alera Investment Advisors LLC now owns 2,541 shares of the company’s stock worth $41,000 after acquiring an additional 2,345 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Qurate Retail Inc Series A by 5,205.5% in the 1st quarter. Quadrant Capital Group LLC now owns 2,918 shares of the company’s stock worth $46,000 after acquiring an additional 2,863 shares during the last quarter. Zions Bancorporation N.A. raised its holdings in shares of Qurate Retail Inc Series A by 61.0% in the 1st quarter. Zions Bancorporation N.A. now owns 3,279 shares of the company’s stock worth $53,000 after acquiring an additional 1,242 shares during the last quarter. Machina Capital S.A.S. raised its holdings in shares of Qurate Retail Inc Series A by 349.2% in the 2nd quarter. Machina Capital S.A.S. now owns 7,704 shares of the company’s stock worth $95,000 after acquiring an additional 5,989 shares during the last quarter. Finally, Sanders Morris Harris LLC acquired a new stake in shares of Qurate Retail Inc Series A in the 2nd quarter worth about $123,000. Hedge funds and other institutional investors own 86.21% of the company’s stock.

In related news, Director John C. Malone bought 800,000 shares of Qurate Retail Inc Series A stock in a transaction dated Monday, May 13th. The stock was purchased at an average cost of $12.48 per share, with a total value of $9,984,000.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Gregory B. Maffei bought 100,000 shares of Qurate Retail Inc Series A stock in a transaction dated Tuesday, May 14th. The shares were bought at an average cost of $12.49 per share, with a total value of $1,249,000.00. The disclosure for this purchase can be found here. Insiders acquired a total of 1,144,568 shares of company stock valued at $14,292,546 over the last ninety days. 0.01% of the stock is currently owned by insiders.

QRTEA has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Qurate Retail Inc Series A from a “hold” rating to a “sell” rating in a report on Wednesday, May 15th. Craig Hallum restated a “buy” rating and issued a $24.00 target price (down previously from $30.00) on shares of Qurate Retail Inc Series A in a report on Monday, May 13th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. Qurate Retail Inc Series A presently has an average rating of “Hold” and a consensus price target of $24.67.

QRTEA stock traded up $0.23 during trading on Friday, reaching $13.75. The stock had a trading volume of 5,397,969 shares, compared to its average volume of 3,508,124. Qurate Retail Inc Series A has a one year low of $11.17 and a one year high of $25.03. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.02 and a quick ratio of 0.59. The stock has a 50 day moving average price of $12.91. The stock has a market cap of $5.81 billion, a P/E ratio of 7.39 and a beta of 1.13.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.02). Qurate Retail Inc Series A had a return on equity of 14.19% and a net margin of 4.22%. The firm had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same period in the previous year, the company posted $0.42 earnings per share. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. Equities research analysts anticipate that Qurate Retail Inc Series A will post 1.59 EPS for the current year.

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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