Canada Pension Plan Investment Board Lowers Stake in Liberty Interactive Corporation (QVCA)

Canada Pension Plan Investment Board lowered its stake in shares of Liberty Interactive Corporation (NASDAQ:QVCA) by 85.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,510 shares of the company’s stock after selling 193,338 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Liberty Interactive were worth $790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Capstone Asset Management Co. lifted its position in Liberty Interactive by 0.8% during the second quarter. Capstone Asset Management Co. now owns 11,378 shares of the company’s stock valued at $279,000 after purchasing an additional 90 shares during the period. Bank of Montreal Can increased its stake in shares of Liberty Interactive by 18.9% in the second quarter. Bank of Montreal Can now owns 50,138 shares of the company’s stock worth $1,231,000 after purchasing an additional 7,968 shares in the last quarter. Creative Planning increased its stake in shares of Liberty Interactive by 5.3% in the second quarter. Creative Planning now owns 12,880 shares of the company’s stock worth $316,000 after purchasing an additional 651 shares in the last quarter. Meeder Asset Management Inc. increased its stake in shares of Liberty Interactive by 115.9% in the second quarter. Meeder Asset Management Inc. now owns 4,205 shares of the company’s stock worth $103,000 after purchasing an additional 2,257 shares in the last quarter. Finally, Aperio Group LLC increased its stake in shares of Liberty Interactive by 12.7% in the second quarter. Aperio Group LLC now owns 84,328 shares of the company’s stock worth $2,069,000 after purchasing an additional 9,510 shares in the last quarter. Institutional investors and hedge funds own 97.07% of the company’s stock.

A number of equities analysts have commented on the stock. DA Davidson reissued a “buy” rating and issued a $33.00 price objective on shares of Liberty Interactive in a research note on Thursday, November 30th. Aegis raised their target price on shares of Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, November 17th. UBS lifted their price objective on shares of Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a report on Friday, November 10th. B. Riley reissued a “buy” rating on shares of Liberty Interactive in a research report on Thursday, November 2nd. Finally, Zacks Investment Research raised shares of Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Tuesday, October 10th. One equities 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’s stock. The company has a consensus rating of “Buy” and an average target price of $29.50.

In other Liberty Interactive news, Director Mark C. Vadon sold 475,153 shares of the company’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $23.46, for a total value of $11,147,089.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director David E. Rapley sold 4,300 shares of the stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $23.52, for a total transaction of $101,136.00. The disclosure for this sale can be found here. Insiders have sold 1,286,785 shares of company stock valued at $29,532,584 in the last ninety days. Insiders own 10.68% of the company’s stock.

Liberty Interactive Corporation (NASDAQ QVCA) traded down $0.05 during trading hours on Wednesday, reaching $24.75. 2,959,426 shares of the company’s stock were exchanged, compared to its average volume of 3,182,352. Liberty Interactive Corporation has a 52 week low of $17.24 and a 52 week high of $26.00. The firm has a market capitalization of $10,011.39, a PE ratio of 14.26, a PEG ratio of 1.60 and a beta of 1.32. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73.

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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).

Institutional Ownership by Quarter for Liberty Interactive (NASDAQ:QVCA)

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