Robeco Institutional Asset Management B.V. purchased a new stake in Qurate Retail Inc Series A (NASDAQ:QRTEA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 376,997 shares of the company’s stock, valued at approximately $8,001,000.

Several other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN bought a new position in shares of Qurate Retail Inc Series A in the second quarter valued at approximately $57,082,000. Victory Capital Management Inc. bought a new position in shares of Qurate Retail Inc Series A in the second quarter valued at approximately $45,888,000. Public Employees Retirement Association of Colorado bought a new position in shares of Qurate Retail Inc Series A in the second quarter valued at approximately $36,033,000. Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Qurate Retail Inc Series A in the second quarter valued at approximately $32,635,000. Finally, Sumitomo Mitsui Trust Holdings Inc. bought a new position in shares of Qurate Retail Inc Series A in the second quarter valued at approximately $30,591,000. 85.31% of the stock is currently owned by institutional investors.

QRTEA has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Qurate Retail Inc Series A from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 25th. FBN Securities raised shares of Qurate Retail Inc Series A from a “sector perform” rating to an “outperform” rating and set a $32.41 target price on the stock in a research report on Tuesday, April 24th. ValuEngine lowered shares of Qurate Retail Inc Series A from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 2nd. Aegis reaffirmed a “buy” rating and set a $30.00 target price on shares of Qurate Retail Inc Series A in a research report on Monday, May 28th. Finally, Citigroup dropped their target price on shares of Qurate Retail Inc Series A from $25.00 to $18.00 and set a “sell” rating on the stock in a research report on Tuesday, June 19th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Qurate Retail Inc Series A currently has an average rating of “Buy” and an average price target of $30.60.

Shares of QRTEA stock opened at $21.84 on Friday. Qurate Retail Inc Series A has a 1 year low of $20.15 and a 1 year high of $29.11. The firm has a market cap of $10.69 billion, a P/E ratio of 6.72, a P/E/G ratio of 0.87 and a beta of 1.34. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.57 and a current ratio of 1.00.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last announced its earnings results on Wednesday, August 8th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). Qurate Retail Inc Series A had a return on equity of 21.05% and a net margin of 10.97%. The company had revenue of $3.23 billion for the quarter, compared to the consensus estimate of $3.23 billion. analysts predict that Qurate Retail Inc Series A will post 2.07 EPS for the current year.

Qurate Retail Inc Series A Company Profile

Qurate Retail Group, Inc markets and sells various consumer products primarily through live merchandise-focused televised shopping programs, Websites, and mobile applications. The company's Websites offers home, apparel, beauty, accessories, jewelry, and electronics products. It also operates as an online retailer of women's, children's, and men's apparel, and children's merchandise; and home, beauty, and personalized products, as well as retails its products through catalogs, and retail and outlet stores.

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Institutional Ownership by Quarter for Qurate Retail Inc Series A (NASDAQ:QRTEA)

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