Qurate Retail Inc Series A (NASDAQ:QRTEA) Stock Holdings Lifted by George Kaiser Family Foundation

George Kaiser Family Foundation raised its position in Qurate Retail Inc Series A (NASDAQ:QRTEA) by 1.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,273 shares of the company’s stock after purchasing an additional 2,772 shares during the quarter. Qurate Retail Inc Series A makes up approximately 0.7% of George Kaiser Family Foundation’s holdings, making the stock its 9th biggest position. George Kaiser Family Foundation’s holdings in Qurate Retail Inc Series A were worth $2,097,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Dimensional Fund Advisors LP grew its position in shares of Qurate Retail Inc Series A by 0.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,078,408 shares of the company’s stock worth $138,170,000 after acquiring an additional 49,418 shares in the last quarter. Principal Financial Group Inc. boosted its position in Qurate Retail Inc Series A by 9.9% during the 4th quarter. Principal Financial Group Inc. now owns 38,778 shares of the company’s stock valued at $757,000 after purchasing an additional 3,493 shares during the period. Macquarie Group Ltd. boosted its position in Qurate Retail Inc Series A by 5.9% during the 4th quarter. Macquarie Group Ltd. now owns 43,860 shares of the company’s stock valued at $855,000 after purchasing an additional 2,440 shares during the period. Millennium Management LLC boosted its position in Qurate Retail Inc Series A by 289.5% during the 4th quarter. Millennium Management LLC now owns 851,692 shares of the company’s stock valued at $16,625,000 after purchasing an additional 633,020 shares during the period. Finally, Nordea Investment Management AB boosted its position in Qurate Retail Inc Series A by 72.9% during the 4th quarter. Nordea Investment Management AB now owns 27,248 shares of the company’s stock valued at $531,000 after purchasing an additional 11,491 shares during the period. Hedge funds and other institutional investors own 86.21% of the company’s stock.

A number of research analysts recently issued reports on QRTEA shares. Zacks Investment Research lowered HEXO from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th. Craig Hallum restated a “buy” rating and set a $12.00 price objective (up previously from $10.00) on shares of Akoustis Technologies in a research report on Monday, May 13th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $24.67.

QRTEA stock traded up $0.04 during trading on Tuesday, reaching $14.27. 138,481 shares of the company’s stock were exchanged, compared to its average volume of 3,415,001. The company has a current ratio of 1.02, a quick ratio of 0.59 and a debt-to-equity ratio of 1.07. Qurate Retail Inc Series A has a 1-year low of $11.17 and a 1-year high of $25.03. The company has a fifty day simple moving average of $12.85. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 7.61 and a beta of 1.12.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.35 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 prior year, the firm posted $0.42 EPS. The firm’s quarterly revenue was down 4.5% on a year-over-year basis. On average, analysts anticipate that Qurate Retail Inc Series A will post 1.59 earnings per share for the current year.

In other news, Director John C. Malone acquired 800,000 shares of the company’s stock in a transaction dated Monday, May 13th. The shares were bought at an average price of $12.48 per share, with a total value of $9,984,000.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Michael A. George acquired 244,568 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was purchased at an average cost of $12.51 per share, for a total transaction of $3,059,545.68. The disclosure for this purchase can be found here. Insiders bought a total of 1,144,568 shares of company stock worth $14,292,546 in the last three months. Company insiders own 0.01% of the company’s stock.

Qurate Retail Inc Series A Profile

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.

Further Reading: Retained Earnings

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Institutional Ownership by Quarter for Qurate Retail Inc Series A (NASDAQ:QRTEA)

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