SelectQuote, Inc. (NYSE:SLQT) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in SelectQuote, Inc. (NYSE:SLQT) by 158.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 278,224 shares of the company’s stock after acquiring an additional 170,726 shares during the period. Dimensional Fund Advisors LP owned 0.16% of SelectQuote worth $768,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. TFB Advisors LLC bought a new stake in SelectQuote during the second quarter valued at $29,000. Headlands Technologies LLC bought a new stake in SelectQuote during the first quarter valued at $36,000. Public Employees Retirement System of Ohio increased its stake in 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 purchasing an additional 17,916 shares during the last quarter. Quadrature Capital Ltd bought a new stake in SelectQuote during the first quarter valued at $40,000. Finally, Price T Rowe Associates Inc. MD increased its stake 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 during the last quarter. 34.59% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Craig Hallum began coverage on shares of SelectQuote in a research report on Monday, September 30th. They set a “buy” rating and a $4.50 price target for the company.

SelectQuote Price Performance

Shares of NYSE SLQT opened at $2.24 on Monday. SelectQuote, Inc. has a twelve month low of $1.03 and a twelve month high of $4.46. The company has a current ratio of 6.84, a quick ratio of 6.84 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $378.92 million, a price-to-earnings ratio of -7.00 and a beta of 1.05. The firm has a 50-day moving average of $2.91 and a two-hundred day moving average of $2.80.

SelectQuote (NYSE:SLQT) last posted its quarterly earnings data on Friday, September 13th. The company reported ($0.18) EPS for the quarter. SelectQuote had a negative net margin of 2.58% and a negative return on equity of 10.37%. The firm had revenue of $307.21 million for the quarter. As a group, analysts expect that SelectQuote, Inc. will post -0.16 earnings per share for the current fiscal 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.