Harvest Fund Management Co. Ltd Purchases Shares of 45,793 Qurate Retail, Inc. (NASDAQ:QRTEA)

Harvest Fund Management Co. Ltd purchased a new stake in Qurate Retail, Inc. (NASDAQ:QRTEA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 45,793 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QRTEA. Mackenzie Financial Corp acquired a new stake in shares of Qurate Retail during the fourth quarter worth $31,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Qurate Retail during the fourth quarter worth $48,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Qurate Retail during the third quarter worth $49,000. Barclays PLC increased its position in shares of Qurate Retail by 65.0% during the third quarter. Barclays PLC now owns 105,625 shares of the company’s stock worth $64,000 after buying an additional 41,595 shares during the period. Finally, Yousif Capital Management LLC increased its position in shares of Qurate Retail by 52.0% during the third quarter. Yousif Capital Management LLC now owns 150,326 shares of the company’s stock worth $91,000 after buying an additional 51,445 shares during the period. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Qurate Retail Price Performance

QRTEA opened at $0.90 on Friday. Qurate Retail, Inc. has a twelve month low of $0.40 and a twelve month high of $1.80. The company has a current ratio of 1.41, a quick ratio of 1.01 and a debt-to-equity ratio of 9.61. The company has a fifty day moving average of $1.16 and a 200-day moving average of $0.90.

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

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.