Yousif Capital Management LLC Boosts Holdings in Qurate Retail, Inc. (NASDAQ:QRTEA)

Yousif Capital Management LLC raised its holdings in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 32.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 199,176 shares of the company’s stock after buying an additional 48,850 shares during the period. Yousif Capital Management LLC owned about 0.05% of Qurate Retail worth $174,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Mackenzie Financial Corp purchased a new stake in shares of Qurate Retail in the 4th quarter worth $31,000. Sequoia Financial Advisors LLC purchased a new stake in Qurate Retail in the fourth quarter worth about $48,000. DekaBank Deutsche Girozentrale bought a new position in shares of Qurate Retail in the third quarter worth about $49,000. Barclays PLC lifted its position in shares of Qurate Retail by 65.0% during the 3rd quarter. Barclays PLC now owns 105,625 shares of the company’s stock valued at $64,000 after buying an additional 41,595 shares in the last quarter. Finally, Shell Asset Management Co. bought a new position in shares of Qurate Retail during the 3rd quarter valued at approximately $166,000. 64.10% of the stock is currently owned by institutional investors.

Qurate Retail Trading Up 2.7 %

Qurate Retail stock opened at $0.96 on Tuesday. The company has a current ratio of 1.41, a quick ratio of 1.01 and a debt-to-equity ratio of 9.61. Qurate Retail, Inc. has a 12-month low of $0.40 and a 12-month high of $1.80. The firm has a market capitalization of $374.12 million, a price-to-earnings ratio of -2.58 and a beta of 2.75. The firm has a 50 day moving average of $1.12 and a 200 day moving average of $0.92.

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

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.