Asset Management One Co. Ltd. Sells 38,674 Shares of Liberty Interactive Corporation (QVCA)

Asset Management One Co. Ltd. cut its position in Liberty Interactive Corporation (NASDAQ:QVCA) by 5.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 683,434 shares of the company’s stock after selling 38,674 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.17% of Liberty Interactive worth $16,103,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. AMP Capital Investors Ltd raised its holdings in Liberty Interactive by 15.0% in the third quarter. AMP Capital Investors Ltd now owns 184,132 shares of the company’s stock worth $4,340,000 after purchasing an additional 23,971 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in Liberty Interactive by 5.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 72,267 shares of the company’s stock worth $1,703,000 after purchasing an additional 3,710 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its holdings in Liberty Interactive by 58.2% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 239,000 shares of the company’s stock worth $5,657,000 after purchasing an additional 87,900 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Liberty Interactive by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 45,668 shares of the company’s stock worth $1,074,000 after purchasing an additional 2,180 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in Liberty Interactive by 22.9% in the third quarter. Stifel Financial Corp now owns 191,734 shares of the company’s stock worth $4,521,000 after purchasing an additional 35,720 shares in the last quarter. Institutional investors and hedge funds own 97.08% of the company’s stock.

A number of brokerages have commented on QVCA. BidaskClub downgraded shares of Liberty Interactive from a “hold” rating to a “sell” rating in a report on Thursday. DA Davidson reiterated a “buy” rating and issued a $33.00 target price on shares of Liberty Interactive in a report on Thursday, November 30th. Aegis upped their price objective on shares of Liberty Interactive from $34.00 to $35.00 and gave the company a “buy” rating in a report on Friday, November 17th. Citigroup downgraded shares of Liberty Interactive from a “neutral” rating to a “sell” rating and cut their price objective for the company from $27.00 to $22.00 in a report on Thursday, September 28th. Finally, ValuEngine upgraded shares of Liberty Interactive from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $29.50.

In other news, Director David E. Rapley sold 4,300 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $23.52, for a total transaction of $101,136.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark C. Vadon sold 475,153 shares of the company’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $23.46, for a total transaction of $11,147,089.38. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,286,785 shares of company stock worth $29,532,584. Corporate insiders own 10.68% of the company’s stock.

Liberty Interactive Corporation (QVCA) opened at $24.10 on Friday. Liberty Interactive Corporation has a fifty-two week low of $17.24 and a fifty-two week high of $26.00. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 0.93. The stock has a market cap of $15,520.00, a PE ratio of 13.95, a PEG ratio of 1.56 and a beta of 1.33.

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About Liberty Interactive

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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