Barclays PLC Has $89,000 Stock Holdings in GoHealth, Inc. (NASDAQ:GOCO)

Barclays PLC lifted its position in GoHealth, Inc. (NASDAQ:GOCO) by 83.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,580 shares of the company’s stock after acquiring an additional 4,372 shares during the period. Barclays PLC’s holdings in GoHealth were worth $89,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GOCO. Bank of New York Mellon Corp raised its position in shares of GoHealth by 16.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 12,982 shares of the company’s stock valued at $126,000 after acquiring an additional 1,802 shares during the period. Renaissance Technologies LLC raised its position in shares of GoHealth by 22.0% in the 2nd quarter. Renaissance Technologies LLC now owns 18,272 shares of the company’s stock valued at $178,000 after acquiring an additional 3,300 shares during the period. Finally, Empowered Funds LLC raised its position in shares of GoHealth by 5.1% in the 3rd quarter. Empowered Funds LLC now owns 22,048 shares of the company’s stock valued at $207,000 after acquiring an additional 1,072 shares during the period. 24.21% of the stock is currently owned by institutional investors and hedge funds.

GoHealth Price Performance

NASDAQ GOCO opened at $14.66 on Thursday. The business has a 50 day simple moving average of $12.31 and a 200 day simple moving average of $10.86. GoHealth, Inc. has a 52-week low of $7.27 and a 52-week high of $14.99. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market cap of $335.80 million, a price-to-earnings ratio of -4.19 and a beta of 1.64.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada reiterated a “sector perform” rating and issued a $13.00 price target on shares of GoHealth in a research report on Monday, October 21st.

About GoHealth

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.