Vanguard Group Inc. lowered its position in shares of Qurate Retail, Inc. (NASDAQ:QRTEA - Free Report) by 16.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 29,535,617 shares of the company's stock after selling 5,944,236 shares during the period. Vanguard Group Inc. owned 7.58% of Qurate Retail worth $17,916,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of the company. FMR LLC raised its stake in shares of Qurate Retail by 394.7% during the third quarter. FMR LLC now owns 41,646 shares of the company's stock valued at $25,000 after purchasing an additional 33,228 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of Qurate Retail by 114.9% during the first quarter. Nomura Asset Management Co. Ltd. now owns 26,000 shares of the company's stock valued at $26,000 after acquiring an additional 13,900 shares during the period. Private Advisor Group LLC bought a new stake in Qurate Retail during the first quarter worth approximately $26,000. Apollon Wealth Management LLC lifted its position in Qurate Retail by 41.7% in the fourth quarter. Apollon Wealth Management LLC now owns 16,986 shares of the company's stock worth $28,000 after purchasing an additional 5,000 shares during the period. Finally, RFG Advisory LLC bought a new position in Qurate Retail during the 4th quarter valued at $28,000. 64.10% of the stock is currently owned by institutional investors.
Qurate Retail Price Performance
Shares of NASDAQ QRTEA traded up $0.01 during midday trading on Monday, reaching $1.02. The company's stock had a trading volume of 3,013,625 shares, compared to its average volume of 2,878,422. Qurate Retail, Inc. has a one year low of $0.40 and a one year high of $1.80. The company has a market cap of $399.59 million, a price-to-earnings ratio of -2.76 and a beta of 2.70. The company has a 50 day moving average price of $1.15 and a 200 day moving average price of $0.88. The company has a current ratio of 1.41, a quick ratio of 1.01 and a debt-to-equity ratio of 9.61.
Qurate Retail (NASDAQ:QRTEA - Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.09. The company had revenue of $3.14 billion for the quarter. Qurate Retail had a positive return on equity of 14.46% and a negative net margin of 1.33%.
Qurate Retail Company Profile
(
Free Report)
Qurate Retail, Inc, together with 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 merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.
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