SelectQuote, Inc. (NYSE:SLQT) Stock Holdings Lowered by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC reduced its holdings in SelectQuote, Inc. (NYSE:SLQT) by 11.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 416,340 shares of the company’s stock after selling 51,400 shares during the quarter. Los Angeles Capital Management LLC’s holdings in SelectQuote were worth $1,149,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. TFB Advisors LLC acquired a new stake in shares of SelectQuote during the second quarter valued at approximately $29,000. Panagora Asset Management Inc. raised its holdings in shares of SelectQuote by 85.5% during the second quarter. Panagora Asset Management Inc. now owns 410,009 shares of the company’s stock valued at $1,132,000 after acquiring an additional 189,029 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of SelectQuote by 14.1% during the second quarter. Bank of New York Mellon Corp now owns 472,849 shares of the company’s stock valued at $1,305,000 after acquiring an additional 58,481 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in shares of SelectQuote by 229.3% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,161,593 shares of the company’s stock valued at $2,323,000 after acquiring an additional 808,850 shares during the period. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of SelectQuote by 882.6% during the first 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. Institutional investors and hedge funds own 34.59% of the company’s stock.

SelectQuote Stock Up 1.6 %

SLQT stock opened at $3.51 on Thursday. SelectQuote, Inc. has a 52-week low of $1.03 and a 52-week high of $4.46. The company’s 50 day simple moving average is $3.60 and its 200-day simple moving average is $2.74. The company has a debt-to-equity ratio of 1.87, a current ratio of 6.34 and a quick ratio of 6.34. The firm has a market capitalization of $592.91 million, a P/E ratio of -10.95 and a beta of 1.08.

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.