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

Barclays PLC lifted its position in shares of SelectQuote, Inc. (NYSE:SLQT - Free Report) by 166.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm 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 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. KCM Investment Advisors LLC purchased a new stake in shares of SelectQuote in the third quarter worth about $608,000. Bank of Montreal Can acquired a new stake in SelectQuote during the 2nd quarter valued at $545,000. Dimensional Fund Advisors LP lifted its holdings in SelectQuote by 158.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 278,224 shares of the company's stock worth $768,000 after buying an additional 170,726 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in SelectQuote in the 3rd quarter valued at about $311,000. Finally, Iridian Asset Management LLC CT acquired a new stake in shares of SelectQuote during the third quarter valued at about $222,000. Institutional investors and hedge funds own 34.59% of the company's stock.

Analyst Upgrades and Downgrades

SLQT has been the topic of several analyst reports. Royal Bank of Canada restated a "sector perform" rating and set a $4.00 price objective on shares of SelectQuote in a report on Friday, November 22nd. Craig Hallum began 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.

SelectQuote Stock Up 7.0 %

NYSE SLQT traded up $0.27 on Friday, hitting $4.14. 1,923,981 shares of the stock traded hands, compared to its average volume of 1,624,840. The company has a market capitalization of $710.03 million, a P/E ratio of -14.79 and a beta of 1.22. The stock has a 50-day moving average of $2.84 and a 200 day moving average of $2.94. The company has a current ratio of 6.66, a quick ratio of 6.66 and a debt-to-equity ratio of 2.36. SelectQuote, Inc. has a twelve month low of $1.03 and a twelve month high of $4.46.

SelectQuote (NYSE:SLQT - Get Free Report) last announced 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 return on equity of 15.00% and a negative net margin of 3.45%. The firm had revenue of $292.26 million for the quarter, compared to the consensus estimate of $275.15 million. During the same quarter last year, the business earned ($0.19) earnings per share. As a group, analysts expect that SelectQuote, Inc. will post -0.2 earnings per share for the current fiscal 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.