Qurate Retail (NASDAQ:QRTEP) Stock Price Up 0.4% – Still a Buy?

Qurate Retail, Inc. (NASDAQ:QRTEP) was up 0.4% during trading on Monday . The stock traded as high as $37.50 and last traded at $36.40. Approximately 29,039 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 30,513 shares. The stock had previously closed at $36.26.

Qurate Retail Price Performance

The firm has a 50-day moving average price of $35.99 and a 200-day moving average price of $38.74.

Qurate Retail Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a dividend of $2.00 per share. The ex-dividend date was Monday, December 2nd. This represents a $8.00 dividend on an annualized basis and a yield of 21.98%.

Institutional Trading of Qurate Retail

An institutional investor recently raised its position in Qurate Retail stock. Shikiar Asset Management Inc. grew its position in Qurate Retail, Inc. (NASDAQ:QRTEP) by 5.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,000 shares of the company’s stock after buying an additional 500 shares during the period. Shikiar Asset Management Inc.’s holdings in Qurate Retail were worth $345,000 as of its most recent SEC filing.

About Qurate Retail

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.