Shikiar Asset Management Inc. lifted its stake in Qurate Retail, Inc. (NASDAQ:QRTEP – Free Report) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,000 shares of the company’s stock after buying an additional 500 shares during the period. Shikiar Asset Management Inc.’s holdings in Qurate Retail were worth $345,000 as of its most recent SEC filing.
Qurate Retail Stock Performance
QRTEP opened at $34.38 on Friday. The stock’s 50 day simple moving average is $37.37 and its 200 day simple moving average is $39.19. Qurate Retail, Inc. has a 1 year low of $30.63 and a 1 year high of $53.15.
Qurate Retail Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 23.27%. The ex-dividend date was Monday, December 2nd.
Qurate Retail 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.
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