Dynamic Technology Lab Private Ltd Buys Shares of 143,485 SelectQuote, Inc. (NYSE:SLQT)

Dynamic Technology Lab Private Ltd purchased a new position in shares of SelectQuote, Inc. (NYSE:SLQT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 143,485 shares of the company’s stock, valued at approximately $311,000. Dynamic Technology Lab Private Ltd owned about 0.08% of SelectQuote at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. TFB Advisors LLC bought a new position in SelectQuote in the 2nd quarter worth $29,000. Public Employees Retirement System of Ohio grew its stake in shares of SelectQuote by 882.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 19,946 shares of the company’s stock valued at $40,000 after acquiring an additional 17,916 shares during the period. Quadrature Capital Ltd purchased a new stake in SelectQuote in the 1st quarter worth approximately $40,000. Mason Investment Advisory Services Inc. raised its stake in SelectQuote by 33.3% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 20,000 shares of the company’s stock worth $43,000 after acquiring an additional 5,000 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in SelectQuote by 18.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 41,414 shares of the company’s stock valued at $83,000 after purchasing an additional 6,555 shares in the last quarter. Hedge funds and other institutional investors own 34.59% of the company’s stock.

SelectQuote Trading Up 3.1 %

Shares of SLQT stock opened at $2.99 on Friday. The company has a current ratio of 6.66, a quick ratio of 6.66 and a debt-to-equity ratio of 2.36. The stock has a market capitalization of $512.81 million, a price-to-earnings ratio of -10.68 and a beta of 1.06. SelectQuote, Inc. has a 12-month low of $1.03 and a 12-month high of $4.46. The stock’s 50-day moving average price is $2.26 and its 200-day moving average price is $2.89.

SelectQuote (NYSE:SLQT) last issued 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). The firm had revenue of $292.26 million for the quarter, compared to analysts’ expectations of $275.15 million. SelectQuote had a negative return on equity of 15.00% and a negative net margin of 3.45%. During the same period last year, the company earned ($0.19) earnings per share. Equities research analysts predict that SelectQuote, Inc. will post -0.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on SLQT shares. Craig Hallum assumed coverage on shares of SelectQuote in a research report on Monday, September 30th. They set a “buy” rating and a $4.50 price objective on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $4.00 price target on shares of SelectQuote in a report on Friday, November 22nd.

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.