Qurate Retail, Inc. (NASDAQ:QRTEA) Shares Sold by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. lessened its holdings in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 29.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,749 shares of the company’s stock after selling 12,667 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in Qurate Retail were worth $26,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Assenagon Asset Management S.A. purchased a new position in shares of Qurate Retail during the 3rd quarter valued at approximately $1,335,000. Staley Capital Advisers Inc. boosted its stake in Qurate Retail by 62.5% during the 3rd quarter. Staley Capital Advisers Inc. now owns 1,300,000 shares of the company’s stock valued at $789,000 after acquiring an additional 500,000 shares during the last quarter. Swiss National Bank boosted its stake in Qurate Retail by 3.5% during the 3rd quarter. Swiss National Bank now owns 793,300 shares of the company’s stock valued at $481,000 after acquiring an additional 26,800 shares during the last quarter. Acadian Asset Management LLC grew its holdings in Qurate Retail by 578.0% during the 3rd quarter. Acadian Asset Management LLC now owns 3,035,008 shares of the company’s stock worth $1,840,000 after acquiring an additional 2,587,345 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Qurate Retail by 39.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,866,964 shares of the company’s stock worth $6,592,000 after purchasing an additional 3,064,173 shares during the last quarter. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

Qurate Retail Trading Up 1.0 %

Shares of QRTEA stock traded up $0.01 during trading hours on Wednesday, hitting $1.02. 515,880 shares of the company were exchanged, compared to its average volume of 2,833,141. Qurate Retail, Inc. has a one year low of $0.40 and a one year high of $1.80. The business’s 50-day simple moving average is $1.16 and its two-hundred day simple moving average is $0.89. The company has a debt-to-equity ratio of 9.61, a quick ratio of 1.01 and a current ratio of 1.41.

Qurate Retail (NASDAQ:QRTEA) last issued its earnings results on Wednesday, February 28th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.13 by $0.09. The company had revenue of $3.14 billion during the quarter. Qurate Retail had a positive return on equity of 14.46% and a negative net margin of 1.33%.

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.