Pros Don’t Lie: Liberty Interactive Corp (QVCA) Market Value Declined While Marathon Partners Equity Management LLC Lifted by $3.50 Million Its Holding

Pros Don't Lie: Liberty Interactive Corp (QVCA) Market Value Declined While Marathon Partners Equity Management LLC Lifted by $3.50 Million Its Holding

Mario Cibelli increased its stake in Liberty Interactive Corp (QVCA) by 152.17% based on its latest 2016Q3 regulatory filing with the SEC. Marathon Partners Equity Management Llc bought 175,000 shares as the company’s stock declined 22.02% while stock markets rallied. The hedge fund run by Mario Cibelli held 290,000 shares of the catalog and specialty distribution company at the end of 2016Q3, valued at $5.80M, up from 115,000 at the end of the previous reported quarter. Marathon Partners Equity Management Llc who had been investing in Liberty Interactive Corp for a number of months, seems to be bullish on the $12.93B market cap company. The stock is down 1.31% or $0.25 hitting $19.2, despite the positive news. About 971,783 shares traded hands. Liberty Interactive Group (NASDAQ:QVCA) has declined 26.18% since June 7, 2016 and is downtrending. It has underperformed by 33.60% the S&P500.

Marathon Partners (Cibelli Capital Management) is found in New York City and is overseen by Mario Cibelli. Mario Cibelli’s trust has a little value portfolio that has its eyes on the administrations and shopper merchandise divisions. Marathon Partners Equity Management Llc is a New York-based hedge fund that was founded by Mario Cibelli. It had more than $276.74 million assets under management in November, 2014. Taken from Marathon Partners Equity Management latest Adv, the fund reported to have 6 full and part-time employees. Among which 6 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Another recent and important Liberty Interactive Group (NASDAQ:QVCA) news was published by Fool.com which published an article titled: “Near a 3-Year Low, Is Liberty Interactive Group a Buy?” on August 11, 2016.

According to Zacks Investment Research, “Liberty Interactive Corporation, through its subsidiaries, owns interests in video and on-line commerce industries in North America, Europe and Asia. The Company owns interests in home shopping television networks and lifestyle and travel services Internet websites. It markets and sells various consumer products primarily through live televised shopping programs, and Websites and other interactive media, including QVC.com. The Company also operates Websites offering sports gear and clothing for outdoor and active individuals in various categories; sports nutrition, body building, and fitness products; costumes, accessories, décor, party supplies, and invitations; and perishable goods, including flowers, fruits, and desserts, as well as personalized gifts. Liberty Interactive Corporation is headquartered in Englewood, Colorado.”

Liberty Interactive Group (NASDAQ:QVCA) Ratings Coverage

Out of 10 analysts covering Liberty Interactive (NASDAQ:QVCA), 9 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 90% are positive. Liberty Interactive has been the topic of 14 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Axiom Capital maintained it with “Buy” rating and $34 target price in Wednesday, May 11 report. Brean Capital maintained it with “Buy” rating and $37 target price in Tuesday, August 18 report. The rating was maintained by FBR Capital on Friday, August 12 with “Outperform”. Maxim Group initiated the stock with “Buy” rating in Thursday, June 9 report. UBS maintained the shares of QVCA in a report on Thursday, August 6 with “Buy” rating. The rating was initiated by Pacific Crest with “Overweight” on Tuesday, December 8. Bank of America initiated the stock with “Neutral” rating in Tuesday, September 20 report. The firm has “Outperform” rating by Wolfe Research given on Tuesday, September 22. The rating was upgraded by FBN Securities on Wednesday, August 10 to “Outperform”. The company was maintained on Thursday, October 6 by Citigroup.

QVCA Company Profile

Liberty Interactive Corporation, incorporated on February 28, 2006, owns interests in subsidiaries and other companies that are engaged in the video and digital commerce industries. The Company’s divisions include QVC and zulily. The Firm holds interests in QVC Group and the Liberty Ventures Group. The QVC Group consists of the Company’s subsidiaries, including QVC, Inc. (QVC) and zulily, llc (zulily), and its interest in HSN, Inc. (HSN). The Liberty Ventures Group consists of the Company’s subsidiary, Evite, as well as interests in Liberty Broadband Corporation (Liberty Broadband) and FTD Companies, Inc. (FTD), minority interests in Interval Leisure Group, Time Warner Inc., Charter Communications and LendingTree, and various green energy investments.

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