Liberty Interactive Corporation (QVCA) Price Target Raised to $35.00 at Aegis

Liberty Interactive Corporation (NASDAQ:QVCA) had its target price raised by Aegis from $34.00 to $35.00 in a report released on Friday morning. They currently have a buy rating on the stock.

QVCA has been the topic of a number of other research reports. ValuEngine upgraded Liberty Interactive Corporation from a hold rating to a buy rating in a research note on Monday, August 7th. Citigroup Inc. downgraded Liberty Interactive Corporation from a neutral rating to a sell rating and cut their target price for the stock from $27.00 to $22.00 in a research note on Thursday, September 28th. Zacks Investment Research upgraded Liberty Interactive Corporation from a sell rating to a hold rating in a research note on Tuesday, July 25th. UBS AG boosted their target price on Liberty Interactive Corporation from $27.00 to $28.00 and gave the stock a buy rating in a research note on Friday, November 10th. Finally, DA Davidson assumed coverage on Liberty Interactive Corporation in a research note on Wednesday, September 13th. They issued a buy rating and a $33.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company’s stock. Liberty Interactive Corporation has a consensus rating of Buy and an average target price of $29.50.

Shares of Liberty Interactive Corporation (QVCA) traded up $0.64 on Friday, reaching $24.86. The company’s stock had a trading volume of 3,861,353 shares, compared to its average volume of 3,195,085. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. The company has a market cap of $15,360.00, a price-to-earnings ratio of 13.56, a P/E/G ratio of 1.52 and a beta of 1.32. Liberty Interactive Corporation has a 1 year low of $17.24 and a 1 year high of $26.00.

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In related news, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $24.08, for a total value of $56,226.80. Following the transaction, the director now owns 955 shares in the company, valued at $22,996.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mark C. Vadon sold 296,131 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $21.12, for a total value of $6,254,286.72. Following the completion of the transaction, the director now owns 2,030,300 shares in the company, valued at approximately $42,879,936. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,582,916 shares of company stock worth $35,786,871. 10.68% of the stock is owned by company insiders.

Institutional investors have recently bought and sold shares of the stock. Shine Investment Advisory Services Inc. purchased a new position in Liberty Interactive Corporation in the second quarter valued at approximately $100,000. Meeder Asset Management Inc. lifted its stake in Liberty Interactive Corporation by 115.9% in the second quarter. Meeder Asset Management Inc. now owns 4,205 shares of the company’s stock valued at $103,000 after purchasing an additional 2,257 shares during the last quarter. Highstreet Asset Management Inc. purchased a new position in Liberty Interactive Corporation in the third quarter valued at approximately $120,000. Toronto Dominion Bank lifted its stake in Liberty Interactive Corporation by 18.2% in the second quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock valued at $132,000 after purchasing an additional 829 shares during the last quarter. Finally, Fiduciary Trust Co. purchased a new position in Liberty Interactive Corporation in the second quarter valued at approximately $144,000. Institutional investors and hedge funds own 90.69% of the company’s stock.

About Liberty Interactive Corporation

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).

Analyst Recommendations for Liberty Interactive Corporation (NASDAQ:QVCA)

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