BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Sells 259,580 Shares of Liberty Interactive Corporation (QVCA)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed its holdings in shares of Liberty Interactive Corporation (NASDAQ:QVCA) by 57.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,542 shares of the company’s stock after selling 259,580 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Liberty Interactive were worth $4,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. AMP Capital Investors Ltd grew its holdings in Liberty Interactive by 15.0% during the 3rd quarter. AMP Capital Investors Ltd now owns 184,132 shares of the company’s stock worth $4,340,000 after acquiring an additional 23,971 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of Liberty Interactive by 5.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 72,267 shares of the company’s stock valued at $1,703,000 after buying an additional 3,710 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Liberty Interactive by 58.2% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 239,000 shares of the company’s stock valued at $5,657,000 after buying an additional 87,900 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Liberty Interactive by 5.0% during the third quarter. Envestnet Asset Management Inc. now owns 45,668 shares of the company’s stock valued at $1,074,000 after buying an additional 2,180 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in shares of Liberty Interactive by 22.9% during the third quarter. Stifel Financial Corp now owns 191,734 shares of the company’s stock valued at $4,521,000 after buying an additional 35,720 shares during the last quarter. Institutional investors own 97.08% of the company’s stock.

Several research firms have commented on QVCA. BidaskClub lowered shares of Liberty Interactive from a “hold” rating to a “sell” rating in a research report on Thursday. UBS increased their price target on shares of Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, November 10th. B. Riley reissued a “buy” rating on shares of Liberty Interactive in a research report on Thursday, November 2nd. ValuEngine raised shares of Liberty Interactive from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, DA Davidson began coverage on shares of Liberty Interactive in a research report on Wednesday, September 13th. They set a “buy” rating and a $33.00 price target for the company. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $29.50.

Liberty Interactive Corporation (NASDAQ:QVCA) opened at $24.53 on Thursday. The company has a market cap of $9,834.91, a P/E ratio of 14.01, a P/E/G ratio of 1.57 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. Liberty Interactive Corporation has a 1 year low of $17.24 and a 1 year high of $26.00.

In related news, Director Mark C. Vadon sold 475,153 shares of the stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $23.46, for a total value of $11,147,089.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction of $56,226.80. Following the completion of the transaction, the director now directly owns 955 shares of the company’s stock, valued at $22,996.40. The disclosure for this sale can be found here. Insiders sold a total of 1,286,785 shares of company stock valued at $29,532,584 over the last ninety days. 10.68% of the stock is currently owned by insiders.

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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).

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

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