Empowered Funds LLC Grows Stake in Qurate Retail, Inc. (NASDAQ:QRTEA)

Empowered Funds LLC lifted its stake in Qurate Retail, Inc. (NASDAQ:QRTEA) by 5.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 509,444 shares of the company’s stock after buying an additional 25,862 shares during the quarter. Empowered Funds LLC’s holdings in Qurate Retail were worth $311,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its position in Qurate Retail by 246.4% in the 3rd quarter. Victory Capital Management Inc. now owns 161,293 shares of the company’s stock valued at $98,000 after acquiring an additional 114,736 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of Qurate Retail in the third quarter worth $714,000. Assenagon Asset Management S.A. lifted its holdings in shares of Qurate Retail by 25.8% during the third quarter. Assenagon Asset Management S.A. now owns 1,664,932 shares of the company’s stock valued at $1,016,000 after purchasing an additional 341,742 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Qurate Retail during the second quarter valued at $378,000. Finally, Mackenzie Financial Corp increased its holdings in Qurate Retail by 100.9% in the 2nd quarter. Mackenzie Financial Corp now owns 104,936 shares of the company’s stock worth $66,000 after buying an additional 52,706 shares in the last quarter. Institutional investors own 64.10% of the company’s stock.

Insider Buying and Selling at Qurate Retail

In other Qurate Retail news, insider Renee L. Wilm sold 75,789 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $0.97, for a total transaction of $73,515.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 11.80% of the company’s stock.

Qurate Retail Stock Up 8.6 %

Shares of Qurate Retail stock opened at $0.43 on Tuesday. Qurate Retail, Inc. has a twelve month low of $0.35 and a twelve month high of $1.80. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74. The company’s 50 day moving average is $0.54 and its 200 day moving average is $0.62. The company has a market cap of $172.28 million, a price-to-earnings ratio of -0.61 and a beta of 2.68.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Qurate Retail in a research note on Saturday. They set a “hold” rating on the stock.

Qurate Retail Company 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.