Qurate Retail, Inc. (NASDAQ:QRTEA) Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lifted its position in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 14.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 687,465 shares of the company’s stock after acquiring an additional 86,620 shares during the period. Gamco Investors INC. ET AL owned about 0.18% of Qurate Retail worth $846,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in QRTEA. Headlands Technologies LLC bought a new position in Qurate Retail during the 1st quarter worth $33,000. Norden Group LLC grew its stake in Qurate Retail by 88.2% during the 1st quarter. Norden Group LLC now owns 28,306 shares of the company’s stock worth $35,000 after buying an additional 13,263 shares during the last quarter. Everpar Advisors LLC bought a new position in Qurate Retail during the 4th quarter worth $27,000. Vanguard Personalized Indexing Management LLC bought a new position in shares of Qurate Retail in the fourth quarter worth $29,000. Finally, Mackenzie Financial Corp bought a new position in shares of Qurate Retail in the fourth quarter worth $31,000. 64.10% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised Qurate Retail from a “sell” rating to a “hold” rating in a research note on Thursday, July 18th.

Qurate Retail Stock Performance

Shares of NASDAQ:QRTEA remained flat at $0.72 on Friday. The stock had a trading volume of 2,882,691 shares, compared to its average volume of 2,947,905. Qurate Retail, Inc. has a 12 month low of $0.40 and a 12 month high of $1.80. The company’s 50 day moving average price is $0.70 and its 200-day moving average price is $0.91. The company has a debt-to-equity ratio of 12.97, a quick ratio of 0.89 and a current ratio of 1.33.

Qurate Retail (NASDAQ:QRTEA) last announced its earnings results on Wednesday, May 8th. The company reported $0.04 earnings per share for the quarter. Qurate Retail had a positive return on equity of 23.19% and a negative net margin of 1.56%. The business had revenue of $2.34 billion during the quarter.

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.