Liberty Interactive Corporation (NASDAQ:QVCA) – Equities research analysts at KeyCorp reduced their Q1 2018 earnings per share estimates for Liberty Interactive in a report issued on Wednesday. KeyCorp analyst E. Yruma now anticipates that the company will post earnings of $0.37 per share for the quarter, down from their prior estimate of $0.38.
Other analysts also recently issued research reports about the company. DA Davidson reissued a “buy” rating and issued a $33.00 price objective on shares of Liberty Interactive in a research note on Thursday, November 30th. Aegis boosted their target price on Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, November 17th. UBS Group boosted their target price on Liberty Interactive from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. B. Riley reaffirmed a “buy” rating on shares of Liberty Interactive in a research report on Thursday, November 2nd. Finally, Zacks Investment Research raised Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Tuesday, October 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $30.00.
In other news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $26.38, for a total transaction of $99,320.70. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David E. Rapley sold 4,300 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $23.52, for a total value of $101,136.00. The disclosure for this sale can be found here. 10.68% of the stock is owned by insiders.
Several hedge funds have recently modified their holdings of QVCA. Highstreet Asset Management Inc. purchased a new position in shares of Liberty Interactive during the third quarter valued at $120,000. Toronto Dominion Bank grew its holdings in shares of Liberty Interactive by 18.2% during the second quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock valued at $132,000 after buying an additional 829 shares in the last quarter. South Street Advisors LLC purchased a new position in shares of Liberty Interactive during the second quarter valued at $231,000. Crossmark Global Holdings Inc. purchased a new position in shares of Liberty Interactive during the third quarter valued at $268,000. Finally, BT Investment Management Ltd purchased a new position in shares of Liberty Interactive during the second quarter valued at $297,000. Institutional investors and hedge funds own 86.64% of the company’s stock.
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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).
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