JPMorgan Chase & Co. Has $932,000 Stake in SelectQuote, Inc. (NYSE:SLQT)

JPMorgan Chase & Co. lifted its position in shares of SelectQuote, Inc. (NYSE:SLQTFree Report) by 36.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 429,656 shares of the company’s stock after purchasing an additional 115,865 shares during the period. JPMorgan Chase & Co.’s holdings in SelectQuote were worth $932,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. American Century Companies Inc. increased its stake in shares of SelectQuote by 58.1% in the 2nd quarter. American Century Companies Inc. now owns 120,751 shares of the company’s stock valued at $333,000 after acquiring an additional 44,392 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of SelectQuote by 158.8% during the second quarter. Dimensional Fund Advisors LP now owns 278,224 shares of the company’s stock valued at $768,000 after buying an additional 170,726 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in SelectQuote by 6.5% during the 2nd quarter. Renaissance Technologies LLC now owns 726,997 shares of the company’s stock worth $2,007,000 after acquiring an additional 44,397 shares during the last quarter. Bank of Montreal Can purchased a new stake in shares of SelectQuote in the second quarter valued at about $545,000. Finally, AQR Capital Management LLC boosted its holdings in SelectQuote by 111.7% during the second quarter. AQR Capital Management LLC now owns 88,937 shares of the company’s stock worth $245,000 after purchasing an additional 46,919 shares during the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.

SelectQuote Price Performance

SLQT stock opened at $4.47 on Friday. SelectQuote, Inc. has a 12 month low of $1.08 and a 12 month high of $4.64. 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 firm has a market capitalization of $766.65 million, a P/E ratio of -15.96 and a beta of 1.14. The firm has a 50 day moving average of $3.41 and a 200-day moving average of $3.07.

SelectQuote (NYSE:SLQTGet Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 3.45% and a negative return on equity of 15.00%. During the same quarter last year, the firm earned ($0.19) earnings per share. As a group, sell-side analysts predict that SelectQuote, Inc. will post -0.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

SLQT has been the topic of a number of recent analyst reports. Craig Hallum started coverage on SelectQuote in a report on Monday, September 30th. They set a “buy” rating and a $4.50 price target on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $4.00 price objective on shares of SelectQuote in a report on Friday, November 22nd.

Check Out Our Latest Analysis on SLQT

SelectQuote Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SelectQuote (NYSE:SLQT)

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