Blue Zone Wealth Advisors LLC Buys Shares of 46,133 SelectQuote, Inc. (NYSE:SLQT)

Blue Zone Wealth Advisors LLC bought a new stake in shares of SelectQuote, Inc. (NYSE:SLQT) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 46,133 shares of the company’s stock, valued at approximately $92,000.

Other hedge funds have also added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of SelectQuote by 24.3% during the third quarter. Barclays PLC now owns 47,139 shares of the company’s stock worth $56,000 after purchasing an additional 9,208 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of SelectQuote during the third quarter worth about $47,000. Dark Forest Capital Management LP purchased a new position in shares of SelectQuote during the third quarter worth about $35,000. GSA Capital Partners LLP grew its holdings in shares of SelectQuote by 10.6% during the third quarter. GSA Capital Partners LLP now owns 1,197,202 shares of the company’s stock worth $1,401,000 after purchasing an additional 114,522 shares in the last quarter. Finally, TriaGen Wealth Management LLC grew its holdings in shares of SelectQuote by 97.6% during the fourth quarter. TriaGen Wealth Management LLC now owns 40,500 shares of the company’s stock worth $55,000 after purchasing an additional 20,000 shares in the last quarter. Hedge funds and other institutional investors own 34.59% of the company’s stock.

SelectQuote Price Performance

Shares of NYSE SLQT traded up $0.02 during midday trading on Friday, hitting $2.76. 1,592,208 shares of the company’s stock were exchanged, compared to its average volume of 592,196. SelectQuote, Inc. has a 12-month low of $1.03 and a 12-month high of $3.36. The company has a current ratio of 6.34, a quick ratio of 6.34 and a debt-to-equity ratio of 1.87. The company has a market cap of $466.88 million, a price-to-earnings ratio of -8.63 and a beta of 1.12. The business’s fifty day moving average price is $2.60 and its two-hundred day moving average price is $1.92.

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

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.