Virtu Financial LLC Increases Stock Holdings in Qurate Retail, Inc. (NASDAQ:QRTEA)

Virtu Financial LLC boosted its holdings in Qurate Retail, Inc. (NASDAQ:QRTEA) by 76.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,779 shares of the company’s stock after purchasing an additional 39,807 shares during the quarter. Virtu Financial LLC’s holdings in Qurate Retail were worth $56,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in QRTEA. DoubleLine ETF Adviser LP boosted its holdings in shares of Qurate Retail by 97.3% in the 2nd quarter. DoubleLine ETF Adviser LP now owns 39,056 shares of the company’s stock valued at $25,000 after purchasing an additional 19,265 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of 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 during the period. Victory Capital Management Inc. boosted its holdings in Qurate Retail by 246.4% in the third 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 during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Qurate Retail during the third quarter valued at about $101,000. Finally, Summit Trail Advisors LLC increased its stake in Qurate Retail by 18.2% during the second quarter. Summit Trail Advisors LLC now owns 260,000 shares of the company’s stock worth $164,000 after acquiring an additional 40,000 shares during the last quarter. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Qurate Retail in a research note on Tuesday. They set a “hold” rating for the company.

Qurate Retail Stock Performance

NASDAQ:QRTEA opened at $0.31 on Friday. The firm has a 50-day moving average of $0.46 and a two-hundred day moving average of $0.58. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The stock has a market cap of $124.88 million, a P/E ratio of -0.44 and a beta of 2.63. Qurate Retail, Inc. has a 1-year low of $0.31 and a 1-year high of $1.80.

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.