Investment Management Associates Inc. ADV Has $785,000 Stake in Qurate Retail, Inc. (NASDAQ:QRTEA)

Investment Management Associates Inc. ADV raised its holdings in Qurate Retail, Inc. (NASDAQ:QRTEA) by 12.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,380,271 shares of the company’s stock after purchasing an additional 256,119 shares during the period. Qurate Retail makes up about 0.3% of Investment Management Associates Inc. ADV’s portfolio, making the stock its 20th largest holding. Investment Management Associates Inc. ADV’s holdings in Qurate Retail were worth $785,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. grew its holdings in shares of Qurate Retail by 25.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,664,932 shares of the company’s stock worth $1,016,000 after purchasing an additional 341,742 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Qurate Retail during the third quarter worth about $714,000. Victory Capital Management Inc. grew its stake in Qurate Retail by 246.4% during the third quarter. Victory Capital Management Inc. now owns 161,293 shares of the company’s stock worth $98,000 after buying an additional 114,736 shares in the last quarter. Empowered Funds LLC increased its holdings in Qurate Retail by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 509,444 shares of the company’s stock valued at $311,000 after buying an additional 25,862 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of Qurate Retail by 33.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 945,470 shares of the company’s stock valued at $577,000 after buying an additional 237,140 shares in the last quarter. 64.10% of the stock is owned by institutional investors.

Qurate Retail Trading Down 0.1 %

Shares of QRTEA stock opened at $0.36 on Friday. Qurate Retail, Inc. has a fifty-two week low of $0.31 and a fifty-two week high of $1.80. The stock’s fifty day moving average price is $0.36 and its two-hundred day moving average price is $0.47. The company has a quick ratio of 0.73, a current ratio of 1.22 and a debt-to-equity ratio of 8.74.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Qurate Retail in a research report on Wednesday. They set a “hold” rating on the stock.

Qurate Retail Company Profile

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.