Liberty Interactive Corporation (NASDAQ:QVCA) – Equities research analysts at DA Davidson issued their Q1 2018 earnings estimates for shares of Liberty Interactive in a report issued on Tuesday. DA Davidson analyst T. Forte anticipates that the company will earn $0.28 per share for the quarter. DA Davidson has a “Buy” rating and a $37.00 price target on the stock. DA Davidson also issued estimates for Liberty Interactive’s Q2 2018 earnings at $0.36 EPS, Q3 2018 earnings at $0.26 EPS, Q4 2018 earnings at $0.56 EPS and FY2022 earnings at $1.69 EPS.
Several other brokerages have also recently commented on QVCA. BidaskClub raised Liberty Interactive from a “sell” rating to a “hold” rating in a research note on Thursday, December 21st. FBN Securities raised Liberty Interactive from a “sector perform” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research cut Liberty Interactive from a “buy” rating to a “hold” rating in a research note on Tuesday. Aegis boosted their target price on Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, November 17th. Finally, Citigroup lowered Liberty Interactive from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $27.00 to $22.00 in a report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $30.00.
In other news, Director Mark C. Vadon sold 125,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $22.12, for a total transaction of $2,765,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $26.38, for a total value of $99,320.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 813,062 shares of company stock valued at $18,428,588. Corporate insiders own 10.68% of the company’s stock.
Several hedge funds have recently modified their holdings of QVCA. Dodge & Cox lifted its holdings in shares of Liberty Interactive by 19.0% during the second quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock worth $695,703,000 after buying an additional 4,527,707 shares during the last quarter. Numeric Investors LLC acquired a new position in shares of Liberty Interactive during the second quarter worth approximately $67,939,000. Jennison Associates LLC acquired a new position in shares of Liberty Interactive in the third quarter valued at $27,494,000. Thompson Siegel & Walmsley LLC raised its stake in shares of Liberty Interactive by 201.2% in the third quarter. Thompson Siegel & Walmsley LLC now owns 1,408,445 shares of the company’s stock valued at $33,197,000 after purchasing an additional 940,805 shares in the last quarter. Finally, Prudential Financial Inc. raised its stake in shares of Liberty Interactive by 43.0% in the third 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. Institutional investors own 97.02% of the company’s stock.
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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).
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