Emory University reduced its position in shares of Liberty Interactive Corporation (NASDAQ:LVNTA) by 10.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,098 shares of the company’s stock after selling 4,361 shares during the period. Emory University’s holdings in Liberty Interactive Corporation were worth $1,650,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of LVNTA. Artisan Partners Limited Partnership raised its position in Liberty Interactive Corporation by 0.8% in the first quarter. Artisan Partners Limited Partnership now owns 4,127,671 shares of the company’s stock worth $183,599,000 after buying an additional 31,471 shares during the period. American International Group Inc. raised its position in Liberty Interactive Corporation by 480.4% in the first quarter. American International Group Inc. now owns 39,568 shares of the company’s stock worth $1,760,000 after buying an additional 32,751 shares during the period. Schroder Investment Management Group raised its position in Liberty Interactive Corporation by 0.8% in the first quarter. Schroder Investment Management Group now owns 288,631 shares of the company’s stock worth $12,844,000 after buying an additional 2,326 shares during the period. SG Americas Securities LLC acquired a new position in Liberty Interactive Corporation during the first quarter worth $494,000. Finally, Prudential Financial Inc. acquired a new position in Liberty Interactive Corporation during the first quarter worth $212,000. 89.62% of the stock is owned by hedge funds and other institutional investors.
Liberty Interactive Corporation (NASDAQ:LVNTA) remained flat at $52.72 on Friday. The company’s stock had a trading volume of 1,049,584 shares. The firm has a 50 day moving average price of $52.71 and a 200-day moving average price of $45.77. Liberty Interactive Corporation has a 12 month low of $31.10 and a 12 month high of $55.93. The stock has a market capitalization of $4.51 billion, a PE ratio of 5.29 and a beta of 0.99.
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A number of research analysts recently weighed in on the stock. Pivotal Research raised their target price on shares of Liberty Interactive Corporation from $58.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, April 6th. FBR & Co raised shares of Liberty Interactive Corporation from a “market perform” rating to an “outperform” rating and raised their target price for the company from $48.00 to $60.00 in a report on Tuesday, April 4th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $53.00.
About Liberty Interactive Corporation
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).
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