12,500 Shares in SelectQuote, Inc. (NYSE:SLQT) Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC acquired a new stake in shares of SelectQuote, Inc. (NYSE:SLQT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,500 shares of the company’s stock, valued at approximately $46,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Portolan Capital Management LLC bought a new position in SelectQuote during the 4th quarter valued at about $1,873,000. Marshall Wace LLP grew its stake in shares of SelectQuote by 48.1% during the fourth quarter. Marshall Wace LLP now owns 1,052,239 shares of the company’s stock valued at $3,914,000 after buying an additional 341,981 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SelectQuote by 66.8% in the fourth quarter. JPMorgan Chase & Co. now owns 716,784 shares of the company’s stock worth $2,666,000 after buying an additional 287,128 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of SelectQuote by 35.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,055,860 shares of the company’s stock worth $3,929,000 after acquiring an additional 275,593 shares during the last quarter. Finally, Diametric Capital LP purchased a new position in SelectQuote during the 4th quarter valued at $722,000. Hedge funds and other institutional investors own 34.59% of the company’s stock.

Insider Activity at SelectQuote

In related news, insider Sarah Taylor Anderson sold 50,000 shares of the business’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 value of $272,000.00. Following the completion of the transaction, the insider now owns 1,166 shares of the company’s stock, valued at $6,343.04. The trade was a 97.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

SelectQuote Stock Performance

Shares of NYSE:SLQT opened at $3.29 on Wednesday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 6.36 and a current ratio of 6.36. The firm has a market cap of $566.35 million, a PE ratio of -36.56 and a beta of 1.25. The firm’s 50 day simple moving average is $3.57 and its 200-day simple moving average is $3.46. SelectQuote, Inc. has a one year low of $1.48 and a one year high of $6.86.

SelectQuote (NYSE:SLQT) last issued its earnings results on Monday, February 10th. The company reported $0.30 earnings per share for the quarter, beating 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%. As a group, equities analysts predict that SelectQuote, Inc. will post -0.07 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.