Parkwoods Wealth Partners LLC Has $30,000 Stock Position in Qurate Retail, Inc. (NASDAQ:QRTEA)

Parkwoods Wealth Partners LLC raised its holdings in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 70.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 90,480 shares of the company’s stock after buying an additional 37,488 shares during the quarter. Parkwoods Wealth Partners LLC’s holdings in Qurate Retail were worth $30,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Renaissance Technologies LLC lifted its stake in shares of Qurate Retail by 867.1% in the second quarter. Renaissance Technologies LLC now owns 3,564,255 shares of the company’s stock valued at $2,245,000 after buying an additional 3,195,694 shares during the period. Mackenzie Financial Corp raised 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 valued at $66,000 after acquiring an additional 52,706 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Qurate Retail in the 2nd quarter worth approximately $378,000. Assenagon Asset Management S.A. grew its holdings in shares of Qurate Retail by 25.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,664,932 shares of the company’s stock worth $1,016,000 after purchasing an additional 341,742 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Qurate Retail during the 3rd quarter valued at about $714,000. 64.10% of the stock is owned by institutional investors.

Qurate Retail Stock Performance

Qurate Retail stock opened at $0.37 on Wednesday. Qurate Retail, Inc. has a 52-week low of $0.31 and a 52-week high of $1.80. 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 fifty day moving average price of $0.37 and a two-hundred day moving average price of $0.51. The firm has a market capitalization of $145.28 million, a P/E ratio of -0.52 and a beta of 2.68.

Qurate Retail (NASDAQ:QRTEA) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $2.34 billion for the quarter. Qurate Retail had a negative net margin of 2.71% and a positive return on equity of 23.22%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Qurate Retail in a research report on Sunday. They issued a “hold” rating for the company.

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.