SelectQuote, Inc. (NYSE:SLQT) Stock Holdings Trimmed by WINTON GROUP Ltd

WINTON GROUP Ltd lowered its position in shares of SelectQuote, Inc. (NYSE:SLQT) by 57.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,398 shares of the company’s stock after selling 53,927 shares during the quarter. WINTON GROUP Ltd’s holdings in SelectQuote were worth $150,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SLQT. Intech Investment Management LLC bought a new position in shares of SelectQuote in the 3rd quarter worth about $123,000. Charles Schwab Investment Management Inc. lifted its holdings in SelectQuote by 4.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,181,663 shares of the company’s stock worth $2,564,000 after acquiring an additional 53,159 shares during the last quarter. Quantbot Technologies LP acquired a new position in SelectQuote in the third quarter valued at approximately $153,000. IHT Wealth Management LLC grew its holdings in shares of SelectQuote by 35.2% during the third quarter. IHT Wealth Management LLC now owns 94,605 shares of the company’s stock valued at $205,000 after purchasing an additional 24,605 shares during the last quarter. Finally, State Street Corp raised its position in shares of SelectQuote by 0.7% during the 3rd quarter. State Street Corp now owns 2,894,067 shares of the company’s stock worth $6,280,000 after purchasing an additional 21,413 shares during the period. Institutional investors own 34.59% of the company’s stock.

Insider Activity

In related news, insider Sarah Taylor Anderson sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $5.44, for a total transaction of $272,000.00. Following the transaction, the insider now owns 1,166 shares in the company, valued at $6,343.04. This trade represents a 97.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 11.40% of the company’s stock.

Analysts Set New Price Targets

Separately, Noble Financial upgraded SelectQuote to a “strong-buy” rating in a research note on Wednesday, February 12th.

SelectQuote Trading Down 1.3 %

SelectQuote stock opened at $3.36 on Tuesday. The firm has a 50-day moving average price of $4.33 and a two-hundred day moving average price of $3.28. SelectQuote, Inc. has a 52-week low of $1.48 and a 52-week high of $6.86. The firm has a market capitalization of $577.54 million, a price-to-earnings ratio of -37.28 and a beta of 1.13. The company has a quick ratio of 6.36, a current ratio of 6.36 and a debt-to-equity ratio of 2.10.

SelectQuote (NYSE:SLQT) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.21. SelectQuote had a negative return on equity of 4.38% and a negative net margin of 0.95%. Sell-side analysts expect that SelectQuote, Inc. will post -0.07 earnings per share for the current year.

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.