Beck Mack & Oliver LLC Continues to Hold Stake in Liberty Interactive Group (QVCA)

Beck Mack & Oliver LLC held its stake in shares of Liberty Interactive Group (NASDAQ:QVCA) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 20,652 shares of the company’s stock at the end of the second quarter. Beck Mack & Oliver LLC’s holdings in Liberty Interactive Group were worth $524,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. FTB Advisors Inc. raised its stake in shares of Liberty Interactive Group by 20.7% in the second quarter. FTB Advisors Inc. now owns 8,851 shares of the company’s stock worth $223,000 after buying an additional 1,515 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Liberty Interactive Group by 0.3% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,209,316 shares of the company’s stock worth $30,680,000 after buying an additional 3,733 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Liberty Interactive Group by 0.3% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 30,956 shares of the company’s stock worth $785,000 after buying an additional 99 shares during the last quarter. Quantitative Systematic Strategies LLC acquired a new stake in shares of Liberty Interactive Group during the second quarter worth $939,000. Finally, ING Groep NV acquired a new stake in shares of Liberty Interactive Group during the second quarter worth $1,512,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

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

Liberty Interactive Group (NASDAQ:QVCA) traded up 0.32% during mid-day trading on Tuesday, hitting $18.84. 761,444 shares of the stock were exchanged. The stock has a 50 day moving average of $19.74 and a 200-day moving average of $23.91. Liberty Interactive Group has a 52-week low of $18.42 and a 52-week high of $28.71. The stock has a market cap of $8.97 billion, a price-to-earnings ratio of 15.48 and a beta of 1.26.

Liberty Interactive Group (NASDAQ:QVCA) last posted its earnings results on Friday, August 5th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. Liberty Interactive Group had a net margin of 5.93% and a return on equity of 11.64%. Equities analysts predict that Liberty Interactive Group will post $1.01 EPS for the current fiscal year.

A number of equities research analysts recently commented on the stock. Bank of America Corp. assumed coverage on shares of Liberty Interactive Group in a report on Tuesday, September 20th. They set a “neutral” rating for the company. Zacks Investment Research lowered shares of Liberty Interactive Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 6th. FBR & Co lowered their price target on shares of Liberty Interactive Group from $30.00 to $25.00 and set an “outperform” rating for the company in a report on Friday, August 12th. FBN Securities upgraded shares of Liberty Interactive Group from a “sector perform” rating to an “outperform” rating in a report on Wednesday, August 10th. Finally, Axiom Securities lowered their price target on shares of Liberty Interactive Group from $34.00 to $29.00 and set a “buy” rating for the company in a report on Monday, August 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $31.29.

In related news, CFO Christopher W. Shean sold 4,800 shares of the firm’s stock in a transaction on Thursday, September 22nd. The stock was sold at an average price of $38.78, for a total value of $186,144.00. Following the completion of the sale, the chief financial officer now directly owns 91,003 shares in the company, valued at $3,529,096.34. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director David E. Rapley sold 6,019 shares of the firm’s stock in a transaction on Monday, August 29th. The stock was sold at an average price of $21.09, for a total value of $126,940.71. Following the completion of the sale, the director now owns 16,046 shares of the company’s stock, valued at $338,410.14. The disclosure for this sale can be found here. 10.78% of the stock is currently owned by corporate insiders.

About Liberty Interactive Group

Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).

5 Day Chart for NASDAQ:QVCA

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