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Murray Stahl Trims Stakes in Liberty Interactive Stock Components

The first quarter was a rough one for investors, many of whom reduced stakes or sold them entirely. Guru Murray Stahl ( Trades , Portfolio ) of Horizon Kinetics was no different; he bought some stakes and added to some, but most of his significant deals involved reductions of existing stakes in his portfolio.

Stahl sold portions of nearly '…… stakes in the first quarter. Here are some of his most high-profile reductions.

Stahl trimmed his stakes in two of the stock components of Liberty Interactive Corp. ( LVNTA )( QVCA ), a Douglas County, Colorado-based media holding company.

He sold -,5-','89 of his LVNTA shares, nearly 58% of his stake, for an average price of $'8.…4 per share. The transaction had a --.47% impact on Stahl's portfolio.

The remaining stake of -,--5,744 shares is ….-8% of LVNTA's outstanding shares and -.…9% of Stahl's total assets. LVNTA's leading shareholder among the gurus is Jana Partners ( Trades , Portfolio ) with a stake of 8,…8…,-86 shares. The stake is -.-8% of LVNTA's outstanding shares and 5.-4% of Jana Partners ( Trades , Portfolio )' total assets.

LVNTA has a P/E of -8.7, a forward P/E of -'.6, a P/B of -.4 and a P/S of -.6.

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LVNTA sold for $'8.5' per share Tuesday afternoon.

The guru sold -,6'8,576 of his QVCA shares, more than 4-% of his stake, for an average price of $-5.- per share. The deal had a -….97% impact on his portfolio.

The remaining stake of -,-48,--4 shares is ….'6% of QVCA's outstanding shares and -.4-% of Stahl's total assets. Dodge & Cox is QVCA's leading shareholder among the gurus with a stake of --,………,-7' shares. The stake is '.'4% of QVCA's outstanding shares and ….56% of Dodge & Cox's total assets.

QVCA has a P/E of -8.8, a forward P/E of -5.9, a P/B of -.4 and a P/S of -.6.

GuruFocus gives Liberty Interactive a Financial Strength rating of 7/-… and a Profitability and Growth rating of 6/-….

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QVCA sold for $-6.-- per share Tuesday afternoon.

Stahl reduced his position in The Howard Hughes Corp. ( HHC ), a Dallas-based real estate development company, by almost --%. Stahl sold 48',769 shares for an average price of $96.46 per share. The transaction had a --.-8% impact on Stahl's portfolio.

The remaining stake of ',7…4,86… shares is 9.''% of the company's outstanding shares and 9.79% of Stahl's total assets. Bill Ackman ( Trades , Portfolio ) is Howard Hughes' leading shareholder among the gurus with a stake of 5,484,684 shares. The stake is -'.8-% of the company's outstanding shares and 4.'8% of Ackman's total assets.

Howard Hughes has a P/E of '6.7, a P/B of -.7 and a P/S of 5.'. GuruFocus gives Howard Hughes a Financial Strength rating of 6/-… and a Profitability and Growth rating of 7/-….

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Howard Hughes sold for $-…-.4- per share Tuesday afternoon.

Stahl cut his stake in Jarden Corp. ( JAH ), a U.S.-based consumer goods company, by nearly -…%. Stahl sold 6-',447 shares for an average

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This article first appeared on GuruFocus .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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