Dimensional Fund Advisors LP Has $425,000 Stock Position in Qurate Retail, Inc. (NASDAQ:QRTEA)

Dimensional Fund Advisors LP lessened its holdings in Qurate Retail, Inc. (NASDAQ:QRTEA) by 10.3% during the second quarter, HoldingsChannel reports. The fund owned 673,324 shares of the company’s stock after selling 76,967 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Qurate Retail were worth $425,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. increased its holdings in Qurate Retail by 15.8% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 429,535 shares of the company’s stock worth $271,000 after purchasing an additional 58,734 shares in the last quarter. Privium Fund Management UK Ltd purchased a new position in shares of Qurate Retail during the second quarter valued at approximately $752,000. Citizens Financial Group Inc. RI bought a new stake in Qurate Retail during the first quarter worth $43,000. Walleye Trading LLC purchased a new stake in Qurate Retail in the 1st quarter valued at $31,000. Finally, Price T Rowe Associates Inc. MD raised its position in Qurate Retail by 35.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 101,240 shares of the company’s stock valued at $125,000 after buying an additional 26,700 shares during the last quarter. Institutional investors own 64.10% of the company’s stock.

Insiders Place Their Bets

In other news, insider Renee L. Wilm sold 75,789 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $0.97, for a total transaction of $73,515.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 11.80% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Qurate Retail in a research note on Tuesday, September 17th. They issued a “hold” rating for the company.

Qurate Retail Trading Up 3.3 %

Shares of QRTEA stock opened at $0.61 on Tuesday. The company has a debt-to-equity ratio of 10.65, a quick ratio of 0.90 and a current ratio of 1.34. The company has a market capitalization of $237.60 million, a price-to-earnings ratio of -1.44 and a beta of 2.67. Qurate Retail, Inc. has a 52-week low of $0.40 and a 52-week high of $1.80. The company has a 50-day simple moving average of $0.59 and a two-hundred day simple moving average of $0.72.

Qurate Retail (NASDAQ:QRTEA) last announced its earnings results on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $2.41 billion for the quarter. Qurate Retail had a positive return on equity of 33.57% and a negative net margin of 2.44%.

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.