Liberty Interactive Corporation (QVCA) Holdings Boosted by Commonwealth Bank of Australia

Commonwealth Bank of Australia boosted its position in Liberty Interactive Corporation (NASDAQ:QVCA) by 4.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,840 shares of the company’s stock after buying an additional 3,788 shares during the quarter. Commonwealth Bank of Australia’s holdings in Liberty Interactive were worth $1,972,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Advisor Group Inc. raised its stake in shares of Liberty Interactive by 24.8% in the 2nd quarter. Advisor Group Inc. now owns 13,575 shares of the company’s stock valued at $332,000 after purchasing an additional 2,694 shares in the last quarter. Prudential Financial Inc. raised its stake in shares of Liberty Interactive by 43.0% in the 3rd quarter. Prudential Financial Inc. now owns 3,076,473 shares of the company’s stock valued at $72,512,000 after purchasing an additional 924,640 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of Liberty Interactive by 36.8% in the 2nd quarter. Janus Henderson Group PLC now owns 62,199 shares of the company’s stock valued at $1,526,000 after purchasing an additional 16,735 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Liberty Interactive by 19.8% in the 2nd quarter. Stifel Financial Corp now owns 156,014 shares of the company’s stock valued at $3,823,000 after purchasing an additional 25,805 shares in the last quarter. Finally, Green Square Capital LLC acquired a new stake in shares of Liberty Interactive in the 2nd quarter valued at about $413,000. Hedge funds and other institutional investors own 97.07% of the company’s stock.

Shares of Liberty Interactive Corporation (NASDAQ QVCA) opened at $24.96 on Tuesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.73 and a current ratio of 1.18. Liberty Interactive Corporation has a 1 year low of $17.24 and a 1 year high of $26.00. The firm has a market cap of $9,915.13, a PE ratio of 14.13, a P/E/G ratio of 1.58 and a beta of 1.32.

In related news, Director Mark C. Vadon sold 679,997 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $22.74, for a total transaction of $15,463,131.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of the business’s stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $24.08, for a total transaction of $56,226.80. Following the sale, the director now directly owns 955 shares of the company’s stock, valued at approximately $22,996.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,286,785 shares of company stock valued at $29,532,584. Insiders own 10.68% of the company’s stock.

A number of equities research analysts have recently issued reports on QVCA shares. ValuEngine lowered shares of Liberty Interactive from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 target price on the stock in a research note on Tuesday, October 10th. B. Riley restated a “buy” rating on shares of Liberty Interactive in a research note on Thursday, November 2nd. UBS upped their target price on shares of Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Finally, DA Davidson started coverage on shares of Liberty Interactive in a research note on Wednesday, September 13th. They issued a “buy” rating and a $33.00 target price on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $29.50.

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Liberty Interactive Company Profile

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).

Institutional Ownership by Quarter for Liberty Interactive (NASDAQ:QVCA)

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