Liberty Interactive Corporation (NASDAQ:QVCA) – Analysts at KeyCorp dropped their Q1 2018 earnings per share (EPS) estimates for Liberty Interactive in a report issued on Wednesday. KeyCorp analyst E. Yruma now expects that the company will post earnings per share of $0.37 for the quarter, down from their previous forecast of $0.38.
Several other research firms have also weighed in on QVCA. BidaskClub upgraded shares of Liberty Interactive from a “sell” rating to a “hold” rating in a research note on Thursday, December 21st. Zacks Investment Research upgraded shares of Liberty Interactive from a “strong sell” rating to a “hold” rating in a research note on Tuesday. FBN Securities upgraded shares of Liberty Interactive from a “sector perform” rating to a “buy” rating in a research note on Wednesday, January 3rd. DA Davidson reiterated a “buy” rating and issued a $37.00 price objective on shares of Liberty Interactive in a research note on Wednesday, January 3rd. Finally, Aegis boosted their price target on shares of Liberty Interactive from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, November 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $30.00.
A number of hedge funds have recently made changes to their positions in the business. Highstreet Asset Management Inc. bought a new stake in shares of Liberty Interactive in the 3rd quarter worth $120,000. Toronto Dominion Bank grew its stake in shares of Liberty Interactive by 18.2% in the 2nd quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock worth $132,000 after acquiring an additional 829 shares in the last quarter. South Street Advisors LLC bought a new stake in shares of Liberty Interactive in the 2nd quarter worth $231,000. Crossmark Global Holdings Inc. bought a new stake in shares of Liberty Interactive in the 3rd quarter worth $268,000. Finally, BT Investment Management Ltd bought a new stake in shares of Liberty Interactive in the 2nd quarter worth $297,000. Institutional investors and hedge funds own 86.64% of the company’s stock.
In other Liberty Interactive news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the business’s stock in a transaction on Tuesday, December 19th. The shares were 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 Securities & Exchange Commission, which is accessible 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 shares were sold at an average price of $23.52, for a total transaction of $101,136.00. The disclosure for this sale can be found here. Insiders own 10.68% 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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