Financial Partners Group Inc Has $95,000 Stake in SelectQuote, Inc. $SLQT

Financial Partners Group Inc grew its position in shares of SelectQuote, Inc. (NYSE:SLQT) by 17.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,105 shares of the company’s stock after buying an additional 5,882 shares during the quarter. Financial Partners Group Inc’s holdings in SelectQuote were worth $95,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of SelectQuote by 7.0% during the 1st quarter. Vanguard Group Inc. now owns 7,880,173 shares of the company’s stock valued at $26,320,000 after buying an additional 516,752 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of SelectQuote by 62.0% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,251,828 shares of the company’s stock valued at $4,181,000 after acquiring an additional 478,997 shares in the last quarter. American Century Companies Inc. raised its stake in shares of SelectQuote by 224.2% in the 1st quarter. American Century Companies Inc. now owns 1,011,457 shares of the company’s stock valued at $3,378,000 after acquiring an additional 699,457 shares in the last quarter. Bank of America Corp DE raised its stake in shares of SelectQuote by 15.8% in the 4th quarter. Bank of America Corp DE now owns 598,461 shares of the company’s stock valued at $2,226,000 after acquiring an additional 81,606 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of SelectQuote by 6.5% in the 1st quarter. Bank of New York Mellon Corp now owns 390,490 shares of the company’s stock valued at $1,304,000 after acquiring an additional 23,743 shares in the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SLQT. Royal Bank Of Canada cut their price objective on SelectQuote from $7.00 to $6.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 5th. Wall Street Zen downgraded SelectQuote from a “buy” rating to a “hold” rating in a research note on Sunday, June 22nd. Finally, Zacks Research downgraded SelectQuote from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $4.42.

SelectQuote Stock Performance

Shares of NYSE SLQT opened at $2.09 on Wednesday. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.90. The business’s 50 day moving average is $2.07 and its two-hundred day moving average is $2.53. The company has a market cap of $360.33 million, a P/E ratio of 41.70 and a beta of 1.27. SelectQuote, Inc. has a 12 month low of $1.62 and a 12 month high of $6.86.

SelectQuote (NYSE:SLQT) last issued its quarterly earnings results on Thursday, August 21st. The company reported ($0.17) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.01. The company had revenue of $345.10 million for the quarter, compared to the consensus estimate of $334.09 million. SelectQuote had a return on equity of 6.35% and a net margin of 3.12%. SelectQuote has set its FY 2026 guidance at EPS. On average, equities analysts expect that SelectQuote, Inc. will post -0.07 EPS for the current 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.