2 weeks Ago By ABMN Staff
Craig Hallum started coverage on shares of SelectQuote ( NYSE:SLQT – Free Report ) in a research note issued to investors on Monday morning, MarketBeat.com reports. The firm issued a buy rating and a $4.
50 price target on the stock. SelectQuote Stock Up 12.8 % SLQT stock opened at $2.
17 on Monday. SelectQuote has a 12-month low of $1.03 and a 12-month high of $4.
46. The company has a quick ratio of 6.84, a current ratio of 6.
84 and a debt-to-equity ratio of 2.01. The company has a market cap of $366.
23 million, a price-to-earnings ratio of -6.77 and a beta of 1.08.
The company has a 50 day moving average of $3.25 and a two-hundred day moving average of $2.78.
Institutional Inflows and Outflows Several hedge funds have recently modified their holdings of SLQT. Jacobs Levy Equity Management Inc. increased its stake in shares of SelectQuote by 229.
3% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,161,593 shares of the company’s stock worth $2,323,000 after purchasing an additional 808,850 shares during the last quarter.
Bank of Montreal Can acquired a new position in shares of SelectQuote during the 2nd quarter worth $545,000. Panagora Asset Management Inc. increased its stake in shares of SelectQuote by 85.
5% during the 2nd quarter. Panagora Asset Management Inc. now owns 410,009 shares of the company’s stock worth $1,132,000 after purchasing an additional 189,029 shares during the last quarter.
Dimensional Fund Advisors LP increased its stake in shares of SelectQuote by 158.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 278,224 shares of the company’s stock worth $768,000 after purchasing an additional 170,726 shares during the last quarter.
Finally, Bank of New York Mellon Corp increased its stake in shares of SelectQuote by 14.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 472,849 shares of the company’s stock worth $1,305,000 after purchasing an additional 58,481 shares during the last quarter.
Institutional investors and hedge funds own 34.59% of the company’s stock. 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. See Also Receive News & Ratings for SelectQuote Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SelectQuote and related companies with MarketBeat.
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