The Princeton Alpha Management LP Decreases Position in Liberty Interactive Group (QVCA)

The Princeton Alpha Management LP Decreases Position in Liberty Interactive Group (QVCA)

Several other large investors have also recently modified their holdings of the company. Markston International LLC boosted its stake in shares of Liberty Interactive Group by 3.5% in the first quarter. Markston International LLC now owns 438,706 shares of the company’s stock worth $8,782,000 after buying an additional 14,755 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Liberty Interactive Group by 128.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 29,795 shares of the company’s stock worth $615,000 after buying an additional 16,777 shares during the last quarter. First Trust Advisors LP boosted its stake in Liberty Interactive Group by 13.2% in the first quarter. First Trust Advisors LP now owns 1,191,135 shares of the company’s stock worth $23,847,000 after buying an additional 139,091 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its stake in Liberty Interactive Group by 0.4% in the first quarter. State Board of Administration of Florida Retirement System now owns 767,846 shares of the company’s stock worth $15,372,000 after buying an additional 3,300 shares in the last quarter. Finally, Wrapmanager Inc. boosted its stake in Liberty Interactive Group by 10.0% in the first quarter. Wrapmanager Inc. now owns 20,162 shares of the company’s stock worth $404,000 after buying an additional 1,835 shares in the last quarter. 89.62% of the stock is currently owned by institutional investors and hedge funds.

Princeton Alpha Management LP decreased its position in Liberty Interactive Group (NASDAQ:QVCA) by 31.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 11,550 shares of the company’s stock after selling 5,402 shares during the period. Princeton Alpha Management LP’s holdings in Liberty Interactive Group were worth $231,000 as of its most recent filing with the SEC.

Liberty Interactive Group (NASDAQ QVCA) opened at 24.20 on Monday. Liberty Interactive Group has a one year low of $17.24 and a one year high of $27.06. The firm has a 50-day moving average price of $22.52 and a 200-day moving average price of $20.55. The stock has a market cap of $10.91 billion, a price-to-earnings ratio of 24.35 and a beta of 1.34.

Liberty Interactive Group (NASDAQ:QVCA) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Liberty Interactive Group had a return on equity of 10.93% and a net margin of 4.85%. The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.32 billion. On average, equities analysts predict that Liberty Interactive Group will post $1.06 earnings per share for the current year. A number of equities research analysts recently issued reports on the stock. ValuEngine cut shares of Liberty Interactive Group from a “buy” rating to a “hold” rating in a research note on Friday. Aegis reissued a “buy” rating and issued a $31.00 price target (up previously from $27.00) on shares of Liberty Interactive Group in a research note on Tuesday, May 30th. FBR & Co reissued an “outperform” rating and issued a $26.00 price target (up previously from $24.00) on shares of Liberty Interactive Group in a research note on Wednesday, May 17th. Citigroup Inc reissued a “buy” rating and issued a $28.00 price target (up previously from $26.00) on shares of Liberty Interactive Group in a research note on Sunday, May 14th. Finally, Maxim Group lifted their price target on shares of Liberty Interactive Group from $36.00 to $39.00 and gave the company a “buy” rating in a research note on Wednesday, May 10th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Liberty Interactive Group has a consensus rating of “Buy” and a consensus price target of $29.11.

In related news, insider Richard N. Baer sold 37,854 shares of Liberty Interactive Group stock in a transaction on Monday, March 13th. The stock was sold at an average price of $43.92, for a total transaction of $1,662,547.68. Following the completion of the sale, the insider now owns 22,804 shares of the company’s stock, valued at $1,001,551.68. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 10.78% of the stock is currently owned by company insiders. About Liberty Interactive Group

Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:QVCA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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