Nationwide Fund Advisors acquired a new position in shares of Liberty Interactive Corporation (NASDAQ:LVNTA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 164,695 shares of the company’s stock, valued at approximately $9,478,000. Nationwide Fund Advisors owned about 0.20% of Liberty Interactive as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the stock. PNC Financial Services Group Inc. raised its position in Liberty Interactive by 18.8% in the second quarter. PNC Financial Services Group Inc. now owns 2,047 shares of the company’s stock valued at $107,000 after purchasing an additional 324 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Liberty Interactive by 10.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,830 shares of the company’s stock valued at $148,000 after buying an additional 274 shares during the period. Sphera Funds Management LTD. acquired a new stake in shares of Liberty Interactive in the second quarter valued at about $157,000. US Bancorp DE increased its stake in shares of Liberty Interactive by 4.9% in the second quarter. US Bancorp DE now owns 3,630 shares of the company’s stock valued at $190,000 after buying an additional 168 shares during the period. Finally, Janus Henderson Group PLC acquired a new stake in shares of Liberty Interactive in the second quarter valued at about $241,000. Institutional investors and hedge funds own 91.66% of the company’s stock.
Several equities research analysts have recently weighed in on the company. Pivotal Research reissued a “buy” rating and issued a $68.00 price target (up previously from $66.00) on shares of Liberty Interactive in a research note on Tuesday, August 15th. FBR & Co reissued a “buy” rating and issued a $78.00 price target (up previously from $60.00) on shares of Liberty Interactive in a research note on Monday, August 14th. Finally, B. Riley reissued a “buy” rating on shares of Liberty Interactive in a research note on Wednesday, November 1st. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $72.00.
Shares of Liberty Interactive Corporation (NASDAQ LVNTA) opened at $55.61 on Thursday. Liberty Interactive Corporation has a one year low of $36.58 and a one year high of $62.41. The company has a market capitalization of $4,845.59, a P/E ratio of 22.03 and a beta of 1.06. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.73 and a current ratio of 1.18.
In other Liberty Interactive news, Director Mark C. Vadon sold 125,000 shares of the stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $22.12, for a total value of $2,765,000.00. Following the transaction, the director now owns 597 shares in the company, valued at $13,205.64. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director David E. Rapley sold 4,300 shares of the stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $23.52, for a total value of $101,136.00. Following the completion of the transaction, the director now owns 5,857 shares in the company, valued at approximately $137,756.64. The disclosure for this sale can be found here. Insiders have sold 606,788 shares of company stock valued at $14,070,434 in the last ninety days.
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Liberty Interactive Profile
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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