Aegis Boosts Liberty Interactive (QVCA) Price Target to $35.00

Liberty Interactive (NASDAQ:QVCA) had its price objective lifted by equities research analysts at Aegis from $34.00 to $35.00 in a research report issued to clients and investors on Friday, November 17th, Marketbeat reports. The firm presently has a “buy” rating on the stock. Aegis’ price objective would indicate a potential upside of 41.59% from the stock’s previous close.

Other analysts have also issued reports about the stock. UBS boosted their target price on shares of Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, November 10th. B. Riley reissued a “buy” rating on shares of Liberty Interactive in a research note on Thursday, November 2nd. Zacks Investment Research raised shares of Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Tuesday, October 10th. ValuEngine upgraded Liberty Interactive from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Citigroup decreased their price objective on Liberty Interactive from $28.00 to $27.00 and set a “buy” rating for the company in a report on Monday, August 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. Liberty Interactive presently has an average rating of “Buy” and a consensus price target of $29.50.

Liberty Interactive (QVCA) opened at $24.72 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. The firm has a market cap of $9,915.13, a price-to-earnings ratio of 14.13, a P/E/G ratio of 1.58 and a beta of 1.32. Liberty Interactive has a fifty-two week low of $17.24 and a fifty-two week high of $26.00.

In other news, Director David E. Rapley sold 4,300 shares of the stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $23.52, for a total transaction of $101,136.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of the stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $24.08, for a total value of $56,226.80. Following the transaction, the director now owns 955 shares in the company, valued at approximately $22,996.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,286,785 shares of company stock worth $29,532,584. 10.68% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in QVCA. Dodge & Cox raised its stake in Liberty Interactive by 19.0% in the 2nd quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock valued at $695,703,000 after purchasing an additional 4,527,707 shares during the last quarter. Harris Associates L P raised its stake in Liberty Interactive by 2.6% in the 2nd quarter. Harris Associates L P now owns 24,183,983 shares of the company’s stock valued at $593,475,000 after purchasing an additional 618,514 shares during the last quarter. Makaira Partners LLC increased its stake in shares of Liberty Interactive by 5.5% in the 2nd quarter. Makaira Partners LLC now owns 7,517,833 shares of the company’s stock worth $184,488,000 after acquiring an additional 390,716 shares during the last quarter. Macquarie Group Ltd. increased its stake in shares of Liberty Interactive by 1.0% in the 3rd quarter. Macquarie Group Ltd. now owns 7,494,949 shares of the company’s stock worth $176,656,000 after acquiring an additional 77,093 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Liberty Interactive by 3.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,497,586 shares of the company’s stock worth $153,139,000 after acquiring an additional 240,890 shares during the last quarter. Hedge funds and other institutional investors own 97.07% of the company’s stock.

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About Liberty Interactive

Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).

Analyst Recommendations for Liberty Interactive (NASDAQ:QVCA)

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