Qurate Retail, Inc. (NASDAQ:QRTEA) Shares Bought by Parkwoods Wealth Partners LLC

Parkwoods Wealth Partners LLC increased its stake in Qurate Retail, Inc. (NASDAQ:QRTEA) by 70.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. 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 SEC.

Several other hedge funds have also modified their holdings of QRTEA. Virtu Financial LLC raised its holdings in Qurate Retail by 76.6% in the third quarter. Virtu Financial LLC now owns 91,779 shares of the company’s stock valued at $56,000 after acquiring an additional 39,807 shares in the last quarter. Mackenzie Financial Corp raised its stake in Qurate Retail by 100.9% during the second quarter. Mackenzie Financial Corp now owns 104,936 shares of the company’s stock worth $66,000 after acquiring an additional 52,706 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Qurate Retail by 246.4% during the third quarter. Victory Capital Management Inc. now owns 161,293 shares of the company’s stock valued at $98,000 after purchasing an additional 114,736 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of Qurate Retail during the 3rd quarter worth approximately $101,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in shares of Qurate Retail in the 4th quarter worth approximately $156,000. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

Qurate Retail Stock Up 0.2 %

Shares of Qurate Retail stock opened at $0.37 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74. Qurate Retail, Inc. has a 12-month low of $0.31 and a 12-month high of $1.80. The firm has a market capitalization of $145.28 million, a PE ratio of -0.52 and a beta of 2.68. The stock’s fifty day moving average is $0.37 and its 200-day moving average is $0.51.

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

Analyst Ratings Changes

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

Qurate Retail 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.