DGS Capital Management LLC Boosts Position in Qurate Retail, Inc. (NASDAQ:QRTEA)

DGS Capital Management LLC boosted its holdings in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 467.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 87,594 shares of the company’s stock after buying an additional 72,152 shares during the quarter. DGS Capital Management LLC’s holdings in Qurate Retail were worth $108,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its position in Qurate Retail by 37.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,986,921 shares of the company’s stock worth $13,121,000 after buying an additional 4,119,957 shares during the last quarter. Brigade Capital Management LP grew its stake in shares of Qurate Retail by 249.4% during the 4th quarter. Brigade Capital Management LP now owns 2,917,578 shares of the company’s stock worth $2,554,000 after purchasing an additional 2,082,561 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Qurate Retail by 10.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 2,435,199 shares of the company’s stock worth $2,132,000 after purchasing an additional 234,810 shares during the period. Investment Management Associates Inc. ADV grew its stake in shares of Qurate Retail by 8.5% during the 4th quarter. Investment Management Associates Inc. ADV now owns 2,069,350 shares of the company’s stock worth $1,812,000 after purchasing an additional 161,805 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Qurate Retail by 4.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,473,675 shares of the company’s stock worth $894,000 after purchasing an additional 59,837 shares during the period. 64.10% of the stock is owned by hedge funds and other institutional investors.

Qurate Retail Trading Up 6.8 %

Qurate Retail stock opened at $0.66 on Friday. The company’s fifty day moving average price is $0.77 and its 200 day moving average price is $0.93. Qurate Retail, Inc. has a 1 year low of $0.40 and a 1 year high of $1.80. The company has a debt-to-equity ratio of 12.97, a current ratio of 1.33 and a quick ratio of 0.89.

Qurate Retail (NASDAQ:QRTEA) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Qurate Retail had a negative net margin of 1.56% and a positive return on equity of 23.19%. The firm had revenue of $2.34 billion for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Qurate Retail from a “sell” rating to a “hold” rating in a research note on Sunday, June 23rd.

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.