SelectQuote, Inc. (NYSE:SLQT) Shares Purchased by Creative Planning

Creative Planning raised its position in SelectQuote, Inc. (NYSE:SLQT) by 6.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 100,019 shares of the company’s stock after buying an additional 6,150 shares during the quarter. Creative Planning owned about 0.06% of SelectQuote worth $217,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. TFB Advisors LLC acquired a new position in shares of SelectQuote during the second quarter worth about $29,000. Headlands Technologies LLC acquired a new position in SelectQuote during the 1st quarter worth approximately $36,000. Quadrature Capital Ltd purchased a new position in shares of SelectQuote during the 1st quarter worth approximately $40,000. Public Employees Retirement System of Ohio lifted its holdings in shares of SelectQuote by 882.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 19,946 shares of the company’s stock valued at $40,000 after buying an additional 17,916 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of SelectQuote by 18.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 41,414 shares of the company’s stock valued at $83,000 after buying an additional 6,555 shares during the period. 34.59% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SLQT has been the subject of several research analyst reports. Craig Hallum assumed coverage on SelectQuote in a research report on Monday, September 30th. They issued a “buy” rating and a $4.50 price objective for the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $4.00 price target on shares of SelectQuote in a report on Tuesday, October 29th.

SelectQuote Stock Performance

Shares of SLQT stock opened at $2.38 on Monday. The company’s fifty day simple moving average is $2.33 and its 200-day simple moving average is $2.83. The company has a current ratio of 6.66, a quick ratio of 6.84 and a debt-to-equity ratio of 2.36. SelectQuote, Inc. has a 52 week low of $1.03 and a 52 week high of $4.46. The company has a market cap of $408.18 million, a PE ratio of -8.50 and a beta of 1.06.

SelectQuote (NYSE:SLQT) last released its quarterly earnings results 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). The firm had revenue of $292.26 million for the quarter, compared to analysts’ expectations of $275.15 million. SelectQuote had a negative return on equity of 15.00% and a negative net margin of 3.45%. During the same period last year, the firm earned ($0.19) EPS. As a group, equities research analysts anticipate that SelectQuote, Inc. will post -0.2 EPS for the current year.

SelectQuote Company 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.