QVC Group (NASDAQ:QVCGA) Cut to Sell at Wall Street Zen

Wall Street Zen downgraded shares of QVC Group (NASDAQ:QVCGA) from a hold rating to a sell rating in a report issued on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of QVC Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

QVC Group Trading Up 25.7%

NASDAQ QVCGA opened at $4.11 on Friday. QVC Group has a 12 month low of $2.27 and a 12 month high of $31.25. The stock has a 50-day simple moving average of $9.93 and a 200 day simple moving average of $9.67. The company has a market capitalization of $33.17 million, a PE ratio of -0.01 and a beta of 2.67.

Institutional Investors Weigh In On QVC Group

Several large investors have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of QVC Group by 39.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 995,190 shares of the company’s stock worth $10,410,000 after acquiring an additional 281,301 shares during the period. Permit Capital LLC increased its holdings in QVC Group by 141.2% during the 3rd quarter. Permit Capital LLC now owns 361,790 shares of the company’s stock worth $4,881,000 after purchasing an additional 211,790 shares in the last quarter. Wittenberg Investment Management Inc. acquired a new stake in shares of QVC Group in the 2nd quarter valued at about $237,000. Geode Capital Management LLC acquired a new stake in shares of QVC Group in the 2nd quarter valued at about $199,000. Finally, Man Group plc bought a new stake in shares of QVC Group in the third quarter valued at about $945,000. Institutional investors own 64.10% of the company’s stock.

QVC Group Company Profile

QVC Group (NASDAQ:QVCGA) is a global omnichannel retailer specializing in video- and live-based shopping experiences across television, digital and mobile platforms. Founded in 1986 and headquartered in West Chester, Pennsylvania, the company offers an extensive range of products including fashion and accessories, beauty and personal care, home and garden goods, electronics and jewelry. QVC Group blends curated programming with on-demand ecommerce to engage customers through interactive demonstrations and storytelling.

The company operates through multiple segments, notably QVC U.S.