Qurate Retail, Inc. (NASDAQ:QRTEA) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. reduced its position in Qurate Retail, Inc. (NASDAQ:QRTEA - Free Report) by 75.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 407,438 shares of the company's stock after selling 1,257,494 shares during the quarter. Assenagon Asset Management S.A. owned about 0.10% of Qurate Retail worth $134,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Virtu Financial LLC grew its holdings in Qurate Retail by 76.6% during the third quarter. Virtu Financial LLC now owns 91,779 shares of the company's stock worth $56,000 after acquiring an additional 39,807 shares during the period. Mackenzie Financial Corp grew its stake in shares of Qurate Retail by 100.9% during the 2nd quarter. Mackenzie Financial Corp now owns 104,936 shares of the company's stock worth $66,000 after purchasing an additional 52,706 shares during the period. Victory Capital Management Inc. grew its stake in shares of Qurate Retail by 246.4% during the 3rd quarter. Victory Capital Management Inc. now owns 161,293 shares of the company's stock worth $98,000 after purchasing an additional 114,736 shares during the period. Kovitz Investment Group Partners LLC purchased a new position in shares of Qurate Retail in the 3rd quarter valued at about $101,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Qurate Retail in the third quarter valued at about $262,000. Institutional investors and hedge funds own 64.10% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Qurate Retail in a research report on Sunday. They issued a "hold" rating for the company.

Qurate Retail Trading Up 2.4 %

Shares of NASDAQ QRTEA traded up $0.01 on Friday, reaching $0.39. 2,651,709 shares of the company traded hands, compared to its average volume of 1,646,104. Qurate Retail, Inc. has a fifty-two week low of $0.31 and a fifty-two week high of $1.80. The company has a current ratio of 1.22, a quick ratio of 0.73 and a debt-to-equity ratio of 8.74. The company has a 50 day moving average of $0.37 and a 200 day moving average of $0.52.

Qurate Retail (NASDAQ:QRTEA - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.06) EPS for the quarter. Qurate Retail had a positive return on equity of 23.22% and a negative net margin of 2.71%. The firm had revenue of $2.34 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.