MetLife Investment Management LLC Cuts Position in SelectQuote, Inc. $SLQT

MetLife Investment Management LLC lessened its holdings in SelectQuote, Inc. (NYSE:SLQT) by 21.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 63,365 shares of the company’s stock after selling 16,883 shares during the quarter. MetLife Investment Management LLC’s holdings in SelectQuote were worth $212,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SLQT. Vanguard Group Inc. grew its holdings in shares of SelectQuote by 7.0% during the first quarter. Vanguard Group Inc. now owns 7,880,173 shares of the company’s stock valued at $26,320,000 after buying an additional 516,752 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of SelectQuote by 62.0% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,251,828 shares of the company’s stock valued at $4,181,000 after buying an additional 478,997 shares during the last quarter. Northern Trust Corp grew its holdings in shares of SelectQuote by 1.1% during the fourth quarter. Northern Trust Corp now owns 1,134,198 shares of the company’s stock valued at $4,219,000 after buying an additional 11,957 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of SelectQuote by 35.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,055,860 shares of the company’s stock valued at $3,929,000 after buying an additional 275,593 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of SelectQuote by 224.2% during the first quarter. American Century Companies Inc. now owns 1,011,457 shares of the company’s stock valued at $3,378,000 after buying an additional 699,457 shares during the last quarter. Hedge funds and other institutional investors own 34.59% of the company’s stock.

SelectQuote Stock Up 0.5%

Shares of SelectQuote stock opened at $2.04 on Wednesday. The company has a market cap of $352.55 million, a price-to-earnings ratio of 40.80 and a beta of 1.27. The company’s 50 day moving average is $2.14 and its 200 day moving average is $2.68. SelectQuote, Inc. has a twelve month low of $1.62 and a twelve month high of $6.86. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.90.

SelectQuote (NYSE:SLQT) last released its quarterly earnings results on Thursday, August 21st. The company reported ($0.17) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.01. SelectQuote had a net margin of 3.12% and a return on equity of 6.35%. The business had revenue of $345.10 million for the quarter, compared to the consensus estimate of $334.09 million. SelectQuote has set its FY 2026 guidance at EPS. Research analysts anticipate that SelectQuote, Inc. will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SLQT. Zacks Research cut shares of SelectQuote from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 27th. Wall Street Zen cut shares of SelectQuote from a “buy” rating to a “hold” rating in a report on Sunday, June 22nd. Jefferies Financial Group began coverage on shares of SelectQuote in a report on Wednesday, May 21st. They set a “hold” rating and a $2.75 price target on the stock. Finally, Royal Bank Of Canada cut their price target on shares of SelectQuote from $7.00 to $6.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $4.42.

About SelectQuote

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.