Empowered Funds LLC Raises Stock Holdings in GoHealth, Inc. (NASDAQ:GOCO)

Empowered Funds LLC increased its holdings in shares of GoHealth, Inc. (NASDAQ:GOCO) by 5.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 22,048 shares of the company’s stock after acquiring an additional 1,072 shares during the period. Empowered Funds LLC owned about 0.10% of GoHealth worth $207,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of GOCO. Vanguard Group Inc. lifted its position in shares of GoHealth by 2.8% during the first quarter. Vanguard Group Inc. now owns 206,525 shares of the company’s stock worth $2,171,000 after purchasing an additional 5,605 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of GoHealth by 22.0% in the second quarter. Renaissance Technologies LLC now owns 18,272 shares of the company’s stock worth $178,000 after purchasing an additional 3,300 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in GoHealth by 16.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 12,982 shares of the company’s stock worth $126,000 after buying an additional 1,802 shares during the period. Hedge funds and other institutional investors own 24.21% of the company’s stock.

GoHealth Trading Up 1.4 %

GOCO opened at $11.82 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.72. The stock’s fifty day moving average is $10.74 and its two-hundred day moving average is $10.26. The company has a market capitalization of $270.80 million, a P/E ratio of -3.38 and a beta of 1.66. GoHealth, Inc. has a 52 week low of $7.27 and a 52 week high of $16.44.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada reissued a “sector perform” rating and issued a $13.00 price objective on shares of GoHealth in a research report on Monday, October 21st.

About GoHealth

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.