SelectQuote, Inc. (NYSE:SLQT) Holdings Lifted by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. lifted its holdings in SelectQuote, Inc. (NYSE:SLQT) by 229.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,161,593 shares of the company’s stock after purchasing an additional 808,850 shares during the quarter. Jacobs Levy Equity Management Inc. owned 0.69% of SelectQuote worth $2,323,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Headlands Technologies LLC acquired a new position in SelectQuote during the first quarter worth about $36,000. Quadrature Capital Ltd bought a new position in shares of SelectQuote in the first quarter valued at $40,000. Public Employees Retirement System of Ohio lifted its position 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 last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of SelectQuote by 18.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 41,414 shares of the company’s stock worth $83,000 after acquiring an additional 6,555 shares in the last quarter. Finally, Blue Zone Wealth Advisors LLC acquired a new stake in shares of SelectQuote during the first quarter worth $92,000. 34.59% of the stock is owned by institutional investors and hedge funds.

SelectQuote Stock Up 0.5 %

Shares of NYSE:SLQT opened at $4.09 on Thursday. The firm has a 50 day simple moving average of $3.22 and a 200 day simple moving average of $2.27. The company has a debt-to-equity ratio of 1.87, a quick ratio of 6.34 and a current ratio of 6.34. The company has a market cap of $691.86 million, a PE ratio of -12.78 and a beta of 1.09. SelectQuote, Inc. has a 52 week low of $1.03 and a 52 week high of $4.46.

SelectQuote (NYSE:SLQT) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $376.40 million for the quarter, compared to the consensus estimate of $341.80 million. SelectQuote had a negative net margin of 4.12% and a negative return on equity of 12.03%. During the same quarter last year, the firm earned $0.06 EPS. As a group, research analysts expect that SelectQuote, Inc. will post -0.21 earnings per share for the current year.

SelectQuote 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.