Qurate Retail, Inc. (NASDAQ:QRTEA) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC increased its stake in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 32.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 199,176 shares of the company’s stock after buying an additional 48,850 shares during the quarter. Yousif Capital Management LLC’s holdings in Qurate Retail were worth $174,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its holdings in shares of Qurate Retail by 39.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,866,964 shares of the company’s stock worth $6,592,000 after purchasing an additional 3,064,173 shares during the period. Acadian Asset Management LLC increased its position in shares of Qurate Retail by 578.0% during the third quarter. Acadian Asset Management LLC now owns 3,035,008 shares of the company’s stock valued at $1,840,000 after acquiring an additional 2,587,345 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of Qurate Retail in the 3rd quarter valued at approximately $1,335,000. Staley Capital Advisers Inc. lifted its holdings in shares of Qurate Retail by 62.5% in the 3rd quarter. Staley Capital Advisers Inc. now owns 1,300,000 shares of the company’s stock worth $789,000 after acquiring an additional 500,000 shares during the last quarter. Finally, Wittenberg Investment Management Inc. boosted its position in shares of Qurate Retail by 23.8% during the 3rd quarter. Wittenberg Investment Management Inc. now owns 1,647,866 shares of the company’s stock worth $1,000,000 after purchasing an additional 317,059 shares during the period. Institutional investors and hedge funds own 64.10% of the company’s stock.

Qurate Retail Stock Up 2.7 %

Qurate Retail stock opened at $0.96 on Tuesday. The company has a debt-to-equity ratio of 9.61, a quick ratio of 1.01 and a current ratio of 1.41. The firm has a 50 day moving average price of $1.12 and a 200 day moving average price of $0.92. Qurate Retail, Inc. has a fifty-two week low of $0.40 and a fifty-two week high of $1.80. The company has a market capitalization of $374.12 million, a PE ratio of -2.58 and a beta of 2.75.

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