Empowered Funds LLC Grows Stake in GoHealth, Inc. (NASDAQ:GOCO)

Empowered Funds LLC grew its holdings in shares of GoHealth, Inc. (NASDAQ:GOCO) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,048 shares of the company’s stock after purchasing an additional 1,072 shares during the period. Empowered Funds LLC’s holdings in GoHealth were worth $207,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in GoHealth by 2.8% in the first quarter. Vanguard Group Inc. now owns 206,525 shares of the company’s stock valued at $2,171,000 after buying an additional 5,605 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of GoHealth by 22.0% during the second quarter. Renaissance Technologies LLC now owns 18,272 shares of the company’s stock worth $178,000 after acquiring an additional 3,300 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of GoHealth by 16.1% during the second 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 in the last quarter. Institutional investors and hedge funds own 24.21% of the company’s stock.

GoHealth Stock Performance

Shares of GOCO opened at $11.82 on Wednesday. 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 50-day moving average of $10.74 and a two-hundred day moving average of $10.26. The stock has a market cap of $270.80 million, a P/E ratio of -3.38 and a beta of 1.66. GoHealth, Inc. has a one year low of $7.27 and a one year high of $16.44.

Analysts Set New Price Targets

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

GoHealth Company Profile

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.