SelectQuote, Inc. (NYSE:SLQT) Shares Bought by Tudor Investment Corp Et Al

Tudor Investment Corp Et Al grew its position in shares of SelectQuote, Inc. (NYSE:SLQT – Get Rating) by 65.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 180,100 shares of the company’s stock after acquiring an additional 71,396 shares during the quarter. Tudor Investment Corp Et Al owned about 0.11% of SelectQuote worth $131,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kavar Capital Partners Group LLC boosted its position in shares of SelectQuote by 134.9% in the third quarter. Kavar Capital Partners Group LLC now owns 45,800 shares of the company’s stock worth $33,000 after buying an additional 26,300 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of SelectQuote in the third quarter worth about $679,000. Quantbot Technologies LP purchased a new stake in shares of SelectQuote in the third quarter worth about $26,000. Great West Life Assurance Co. Can boosted its holdings in SelectQuote by 39.1% in the third quarter. Great West Life Assurance Co. Can now owns 163,049 shares of the company’s stock valued at $118,000 after purchasing an additional 45,821 shares during the last quarter. Finally, Louisiana State Employees Retirement System purchased a new position in SelectQuote in the third quarter valued at about $43,000. 55.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on SLQT. Credit Suisse Group increased their price target on SelectQuote from $1.00 to $3.00 and gave the company a “neutral” rating in a report on Wednesday, February 22nd. Citigroup increased their target price on SelectQuote from $0.80 to $1.50 and gave the stock a “neutral” rating in a report on Wednesday, February 8th.

SelectQuote Stock Down 8.7 %

SLQT opened at $2.21 on Friday. SelectQuote, Inc. has a 12 month low of $0.51 and a 12 month high of $3.25. The company has a debt-to-equity ratio of 1.76, a current ratio of 9.64 and a quick ratio of 9.64. The stock has a market cap of $367.99 million, a P/E ratio of -2.76 and a beta of 0.39. The stock’s 50 day moving average price is $1.49 and its 200 day moving average price is $1.06.

SelectQuote (NYSE:SLQT – Get Rating) last issued its quarterly earnings results on Tuesday, February 7th. The company reported $0.14 earnings per share (EPS) for the quarter. SelectQuote had a negative return on equity of 20.37% and a negative net margin of 14.63%. The company had revenue of $319.19 million for the quarter.

SelectQuote Company Profile

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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 policies, including prescription drugs, dental, vision, and hearing plans; term life policies; and non-commercial auto and home property, and casualty policies.