Empowered Funds LLC Raises Holdings in Qurate Retail, Inc. (NASDAQ:QRTEA)

Empowered Funds LLC increased its stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 5.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 509,444 shares of the company’s stock after acquiring an additional 25,862 shares during the quarter. Empowered Funds LLC owned approximately 0.13% of Qurate Retail worth $311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. State Board of Administration of Florida Retirement System purchased a new position in shares of Qurate Retail in the first quarter valued at about $184,000. Gabelli Funds LLC increased its holdings in Qurate Retail by 12.3% during the 1st quarter. Gabelli Funds LLC now owns 530,000 shares of the company’s stock valued at $652,000 after purchasing an additional 58,000 shares during the period. Quadrature Capital Ltd bought a new position in Qurate Retail during the 1st quarter valued at approximately $285,000. Price T Rowe Associates Inc. MD lifted its holdings in Qurate Retail by 35.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 101,240 shares of the company’s stock worth $125,000 after buying an additional 26,700 shares during the period. Finally, Walleye Trading LLC bought a new stake in shares of Qurate Retail in the 1st quarter worth approximately $31,000. 64.10% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Renee L. Wilm sold 75,789 shares of Qurate Retail stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $0.97, for a total transaction of $73,515.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Qurate Retail Stock Up 8.6 %

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

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.