PFG Investments LLC Acquires New Position in SelectQuote, Inc. $SLQT

PFG Investments LLC acquired a new position in shares of SelectQuote, Inc. (NYSE:SLQT) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 29,760 shares of the company’s stock, valued at approximately $71,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of SelectQuote during the first quarter worth approximately $34,000. Xponance Inc. acquired a new position in shares of SelectQuote during the first quarter worth approximately $34,000. Johnson Investment Counsel Inc. acquired a new position in shares of SelectQuote during the first quarter worth approximately $35,000. Kapitalo Investimentos Ltda acquired a new position in shares of SelectQuote during the first quarter worth approximately $35,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of SelectQuote during the first quarter worth approximately $40,000. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SLQT shares. Weiss Ratings reiterated a “sell (d)” rating on shares of SelectQuote in a research report on Saturday, September 27th. Zacks Research downgraded SelectQuote from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 27th. Wall Street Zen downgraded SelectQuote from a “buy” rating to a “hold” rating in a research report on Sunday, June 22nd. Finally, Royal Bank Of Canada cut their target price on SelectQuote from $7.00 to $6.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $4.38.

SelectQuote Price Performance

Shares of NYSE:SLQT opened at $1.97 on Wednesday. SelectQuote, Inc. has a one year low of $1.62 and a one year high of $6.86. The stock has a fifty day moving average of $2.06 and a 200-day moving average of $2.42. The company has a market capitalization of $345.60 million, a PE ratio of 39.30 and a beta of 1.30. The company has a debt-to-equity ratio of 0.90, a quick ratio of 5.68 and a current ratio of 5.68.

SelectQuote (NYSE:SLQT) last announced its quarterly earnings data on Thursday, August 21st. The company reported ($0.17) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.01. SelectQuote had a return on equity of 6.35% and a net margin of 3.12%.The company had revenue of $345.10 million during the quarter, compared to the consensus estimate of $334.09 million. SelectQuote has set its FY 2026 guidance at EPS. As a group, equities analysts anticipate that SelectQuote, Inc. will post -0.07 EPS for the current fiscal year.

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.