QVC Group (NASDAQ:QVCGA) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of QVC Group (NASDAQ:QVCGA) from a sell rating to a hold rating in a research report report published on Sunday morning.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of QVC Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

QVC Group Trading Up 8.6%

Shares of QVCGA stock opened at $4.65 on Friday. QVC Group has a twelve month low of $2.27 and a twelve month high of $31.25. The stock has a 50 day moving average of $9.34 and a 200 day moving average of $9.70. The stock has a market cap of $37.53 million, a P/E ratio of -0.01 and a beta of 2.67.

Institutional Trading of QVC Group

Institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its stake in QVC Group by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 90,206 shares of the company’s stock worth $944,000 after purchasing an additional 1,940 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in QVC Group during the fourth quarter worth about $43,000. Renaissance Technologies LLC grew its stake in QVC Group by 8.9% during the 4th quarter. Renaissance Technologies LLC now owns 54,831 shares of the company’s stock valued at $574,000 after acquiring an additional 4,500 shares in the last quarter. Simplify Asset Management Inc. raised its holdings in QVC Group by 39.1% in the 4th quarter. Simplify Asset Management Inc. now owns 16,696 shares of the company’s stock valued at $175,000 after acquiring an additional 4,696 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in QVC Group in the 3rd quarter worth approximately $116,000. Institutional investors and hedge funds own 64.10% of the company’s stock.

About QVC Group

QVC Group (NASDAQ:QVCGA) is a global omnichannel retailer specializing in video- and live-based shopping experiences across television, digital and mobile platforms. Founded in 1986 and headquartered in West Chester, Pennsylvania, the company offers an extensive range of products including fashion and accessories, beauty and personal care, home and garden goods, electronics and jewelry. QVC Group blends curated programming with on-demand ecommerce to engage customers through interactive demonstrations and storytelling.

The company operates through multiple segments, notably QVC U.S.