55,000 Shares in Qurate Retail, Inc. (NASDAQ:QRTEA) Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC purchased a new stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 55,000 shares of the company’s stock, valued at approximately $48,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QRTEA. FMR LLC grew its stake in shares of Qurate Retail by 394.7% in the third quarter. FMR LLC now owns 41,646 shares of the company’s stock valued at $25,000 after buying an additional 33,228 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in Qurate Retail by 114.9% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 26,000 shares of the company’s stock worth $26,000 after acquiring an additional 13,900 shares during the period. Private Advisor Group LLC acquired a new stake in Qurate Retail in the first quarter valued at approximately $26,000. Apollon Wealth Management LLC raised its stake in shares of Qurate Retail by 41.7% during the fourth quarter. Apollon Wealth Management LLC now owns 16,986 shares of the company’s stock valued at $28,000 after purchasing an additional 5,000 shares during the period. Finally, RFG Advisory LLC acquired a new position in shares of Qurate Retail during the fourth quarter worth $28,000. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Qurate Retail Price Performance

Shares of QRTEA stock opened at $1.00 on Monday. The firm has a fifty day simple moving average of $1.16 and a 200-day simple moving average of $0.89. The company has a market capitalization of $391.75 million, a PE ratio of -2.70 and a beta of 2.70. Qurate Retail, Inc. has a twelve month low of $0.40 and a twelve month high of $1.80. The company has a current ratio of 1.41, a quick ratio of 1.01 and a debt-to-equity ratio of 9.61.

Qurate Retail (NASDAQ:QRTEA) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.09. Qurate Retail had a negative net margin of 1.33% and a positive return on equity of 14.46%. The company had revenue of $3.14 billion during the quarter.

About Qurate Retail

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.