SelectQuote, Inc. (NYSE:SLQT) Shares Purchased by Barclays PLC

Barclays PLC raised its stake in SelectQuote, Inc. (NYSE:SLQT) by 166.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 198,357 shares of the company’s stock after purchasing an additional 124,005 shares during the quarter. Barclays PLC owned about 0.12% of SelectQuote worth $430,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Geode Capital Management LLC raised its position in shares of SelectQuote by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,081,391 shares of the company’s stock worth $6,688,000 after buying an additional 43,197 shares during the period. State Street Corp increased its stake in SelectQuote by 0.7% during the third quarter. State Street Corp now owns 2,894,067 shares of the company’s stock worth $6,280,000 after acquiring an additional 21,413 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of SelectQuote by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,181,663 shares of the company’s stock worth $2,564,000 after purchasing an additional 53,159 shares during the period. Renaissance Technologies LLC lifted its stake in shares of SelectQuote by 6.5% in the 2nd quarter. Renaissance Technologies LLC now owns 726,997 shares of the company’s stock valued at $2,007,000 after purchasing an additional 44,397 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of SelectQuote by 17.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 623,548 shares of the company’s stock valued at $1,353,000 after purchasing an additional 91,071 shares in the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on SLQT shares. Craig Hallum initiated coverage on shares of SelectQuote in a report on Monday, September 30th. They issued a “buy” rating and a $4.50 price target on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $4.00 price objective on shares of SelectQuote in a research report on Friday, November 22nd.

SelectQuote Price Performance

Shares of NYSE SLQT opened at $4.25 on Friday. The company has a debt-to-equity ratio of 2.36, a current ratio of 6.66 and a quick ratio of 6.66. SelectQuote, Inc. has a 1-year low of $1.03 and a 1-year high of $4.55. The company has a market capitalization of $728.06 million, a price-to-earnings ratio of -15.16 and a beta of 1.14. The business has a 50-day moving average of $3.22 and a 200-day moving average of $3.03.

SelectQuote (NYSE:SLQT) last issued its quarterly earnings data on Monday, November 4th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.08). SelectQuote had a negative net margin of 3.45% and a negative return on equity of 15.00%. The firm had revenue of $292.26 million during the quarter, compared to analyst estimates of $275.15 million. During the same period last year, the business earned ($0.19) EPS. On average, equities analysts anticipate that SelectQuote, Inc. will post -0.2 EPS for the current fiscal year.

SelectQuote Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.