QVC Group (NASDAQ:QVCGA) Upgraded by Wall Street Zen to “Hold” Rating

QVC Group (NASDAQ:QVCGA) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Sunday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of QVC Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

QVC Group Price Performance

Shares of QVCGA opened at $4.65 on Friday. The company has a market cap of $37.52 million, a PE ratio of -0.01 and a beta of 2.67. QVC Group has a one year low of $2.27 and a one year high of $31.25. The stock has a 50-day moving average of $9.34 and a 200-day moving average of $9.65.

Institutional Trading of QVC Group

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its stake in QVC Group by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 90,206 shares of the company’s stock valued at $944,000 after buying an additional 1,940 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of QVC Group during the fourth quarter valued at $43,000. Renaissance Technologies LLC raised its position in shares of QVC Group by 8.9% in the 4th quarter. Renaissance Technologies LLC now owns 54,831 shares of the company’s stock worth $574,000 after purchasing an additional 4,500 shares during the last quarter. Simplify Asset Management Inc. raised its position in shares of QVC Group by 39.1% in the 4th quarter. Simplify Asset Management Inc. now owns 16,696 shares of the company’s stock worth $175,000 after purchasing an additional 4,696 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in QVC Group in the 3rd quarter worth about $116,000. Institutional investors own 64.10% of the company’s stock.

QVC Group Company Profile

QVC Group (NASDAQ:QVCGA) is a global omnichannel retailer specializing in video- and live-based shopping experiences across television, digital and mobile platforms. Founded in 1986 and headquartered in West Chester, Pennsylvania, the company offers an extensive range of products including fashion and accessories, beauty and personal care, home and garden goods, electronics and jewelry. QVC Group blends curated programming with on-demand ecommerce to engage customers through interactive demonstrations and storytelling.

The company operates through multiple segments, notably QVC U.S.