Cumberland Partners Ltd reduced its stake in Liberty Interactive Corporation (NASDAQ:QVCA) by 1.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 353,970 shares of the company’s stock after selling 4,200 shares during the period. Cumberland Partners Ltd’s holdings in Liberty Interactive Corporation were worth $8,687,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its position in shares of Liberty Interactive Corporation by 22.6% in the first quarter. Janney Montgomery Scott LLC now owns 87,335 shares of the company’s stock valued at $1,748,000 after buying an additional 16,112 shares during the period. Clear Harbor Asset Management LLC boosted its position in shares of Liberty Interactive Corporation by 33.3% in the first quarter. Clear Harbor Asset Management LLC now owns 20,000 shares of the company’s stock valued at $400,000 after buying an additional 5,000 shares during the period. Korea Investment CORP boosted its position in shares of Liberty Interactive Corporation by 4,300.0% in the first quarter. Korea Investment CORP now owns 127,600 shares of the company’s stock valued at $2,555,000 after buying an additional 124,700 shares during the period. First Manhattan Co. boosted its position in shares of Liberty Interactive Corporation by 4.9% in the first quarter. First Manhattan Co. now owns 162,653 shares of the company’s stock valued at $3,254,000 after buying an additional 7,551 shares during the period. Finally, Waldron LP boosted its position in shares of Liberty Interactive Corporation by 1.2% in the first quarter. Waldron LP now owns 24,920 shares of the company’s stock valued at $498,000 after buying an additional 295 shares during the period. 90.02% of the stock is owned by hedge funds and other institutional investors.

Liberty Interactive Corporation (QVCA) opened at 22.38 on Friday. The company has a market capitalization of $10.09 billion, a PE ratio of 23.39 and a beta of 1.21. The firm’s 50 day moving average price is $23.92 and its 200-day moving average price is $21.79. Liberty Interactive Corporation has a one year low of $17.24 and a one year high of $26.00.

Liberty Interactive Corporation (NASDAQ:QVCA) last announced its quarterly earnings data on Tuesday, May 9th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. Liberty Interactive Corporation had a return on equity of 10.65% and a net margin of 4.47%. The business had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. Equities analysts forecast that Liberty Interactive Corporation will post $1.07 earnings per share for the current fiscal year.

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Several brokerages recently commented on QVCA. BidaskClub raised Liberty Interactive Corporation from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, June 28th. ValuEngine cut Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. FBR & Co raised their target price on Liberty Interactive Corporation from $26.00 to $28.00 and gave the stock an “outperform” rating in a research report on Friday, July 7th. Aegis raised their target price on Liberty Interactive Corporation from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, July 7th. Finally, Maxim Group reduced their target price on Liberty Interactive Corporation from $39.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, July 7th. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $28.89.

Liberty Interactive Corporation Company Profile

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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Institutional Ownership by Quarter for Liberty Interactive Corporation (NASDAQ:QVCA)

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