The Westpac Banking Corp Holds Stake in Liberty Interactive Corporation (QVCA)

The Westpac Banking Corp Holds Stake in Liberty Interactive Corporation (QVCA)

Westpac Banking Corp continued to hold its position in shares of Liberty Interactive Corporation (NASDAQ:QVCA) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,328 shares of the company’s stock at the end of the third quarter. Westpac Banking Corp’s holdings in Liberty Interactive Corporation were worth $627,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of QVCA. Victory Capital Management Inc. bought a new position in shares of Liberty Interactive Corporation during the third quarter worth about $90,799,000. Janus Capital Management LLC boosted its position in shares of Liberty Interactive Corporation by 7,674.1% in the second quarter. Janus Capital Management LLC now owns 3,305,098 shares of the company’s stock worth $83,851,000 after buying an additional 3,262,584 shares during the last quarter. Senator Investment Group LP boosted its position in shares of Liberty Interactive Corporation by 21.1% in the second quarter. Senator Investment Group LP now owns 5,750,000 shares of the company’s stock worth $145,878,000 after buying an additional 1,000,000 shares during the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of Liberty Interactive Corporation by 20.4% in the second quarter. Parametric Portfolio Associates LLC now owns 4,170,135 shares of the company’s stock worth $105,796,000 after buying an additional 707,636 shares during the last quarter. Finally, Capital Research Global Investors boosted its position in shares of Liberty Interactive Corporation by 16.0% in the second quarter. Capital Research Global Investors now owns 5,099,900 shares of the company’s stock worth $129,384,000 after buying an additional 704,900 shares during the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Shares of Liberty Interactive Corporation (NASDAQ:QVCA) traded up 0.05% on Wednesday, reaching $19.31. The company’s stock had a trading volume of 1,998,846 shares. Liberty Interactive Corporation has a 52-week low of $17.88 and a 52-week high of $27.25. The company has a market cap of $9.02 billion, a PE ratio of 18.57 and a beta of 1.35. The firm has a 50 day moving average of $20.07 and a 200 day moving average of $21.14.

A number of equities research analysts recently weighed in on the company. Bank of America Corporation assumed coverage on Liberty Interactive Corporation in a report on Tuesday, September 20th. They set a “neutral” rating for the company. KeyCorp set a $29.00 price target on Liberty Interactive Corporation and gave the company a “buy” rating in a report on Tuesday, November 8th. Finally, Zacks Investment Research raised Liberty Interactive Corporation from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a report on Tuesday, January 10th. Nine investment analysts have rated the stock with a buy rating, Liberty Interactive Corporation presently has an average rating of “Buy” and a consensus price target of $29.38.

In related news, Director Mark C. Vadon sold 410,000 shares of the business’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $21.11, for a total value of $8,655,100.00. Following the completion of the sale, the director now directly owns 3,100,300 shares in the company, valued at $65,447,333. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark C. Vadon sold 591,799 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The shares were sold at an average price of $21.21, for a total value of $12,552,056.79. Following the completion of the sale, the director now owns 3,100,300 shares of the company’s stock, valued at $65,757,363. The disclosure for this sale can be found here. 10.78% of the stock is owned by corporate insiders.

Liberty Interactive Corporation 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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