Victory Capital Management Inc. Boosts Holdings in Qurate Retail, Inc. (NASDAQ:QRTEA)

Victory Capital Management Inc. grew its position in Qurate Retail, Inc. (NASDAQ:QRTEA) by 246.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 161,293 shares of the company’s stock after acquiring an additional 114,736 shares during the quarter. Victory Capital Management Inc.’s holdings in Qurate Retail were worth $98,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. DoubleLine ETF Adviser LP lifted its stake in shares of Qurate Retail by 97.3% during the 2nd quarter. DoubleLine ETF Adviser LP now owns 39,056 shares of the company’s stock worth $25,000 after acquiring an additional 19,265 shares during the last quarter. Walleye Trading LLC purchased a new stake in Qurate Retail in the first quarter worth $31,000. Price T Rowe Associates Inc. MD lifted its position in shares of Qurate Retail by 35.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 101,240 shares of the company’s stock worth $125,000 after purchasing an additional 26,700 shares during the last quarter. Summit Trail Advisors LLC boosted its stake in shares of Qurate Retail by 18.2% during the second quarter. Summit Trail Advisors LLC now owns 260,000 shares of the company’s stock valued at $164,000 after purchasing an additional 40,000 shares during the period. Finally, Mackenzie Financial Corp boosted its stake in shares of Qurate Retail by 100.9% during the second quarter. Mackenzie Financial Corp now owns 104,936 shares of the company’s stock valued at $66,000 after purchasing an additional 52,706 shares during the period. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Qurate Retail Trading Up 11.9 %

Shares of NASDAQ QRTEA opened at $0.47 on Monday. The business has a fifty day moving average price of $0.53 and a 200 day moving average price of $0.61. Qurate Retail, Inc. has a 1-year low of $0.35 and a 1-year high of $1.80. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The stock has a market capitalization of $185.53 million, a P/E ratio of -0.66 and a beta of 2.68.

Insider Activity

In other Qurate Retail news, insider Renee L. Wilm sold 75,789 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $0.97, for a total transaction of $73,515.33. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 11.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Qurate Retail in a report on Sunday. They issued a “hold” rating for the company.

Qurate Retail Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.