Public Sector Pension Investment Board Invests $8.10 Million in GoHealth, Inc. $GOCO

Public Sector Pension Investment Board acquired a new stake in GoHealth, Inc. (NASDAQ:GOCO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,680,444 shares of the company’s stock, valued at approximately $8,100,000. Public Sector Pension Investment Board owned 5.87% of GoHealth at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of GOCO. Corient Private Wealth LLC lifted its stake in GoHealth by 7.7% in the 2nd quarter. Corient Private Wealth LLC now owns 125,938 shares of the company’s stock worth $699,000 after purchasing an additional 8,979 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of GoHealth by 4.3% in the second quarter. Geode Capital Management LLC now owns 118,961 shares of the company’s stock worth $660,000 after purchasing an additional 4,955 shares during the period. Bridgeway Capital Management LLC boosted its stake in GoHealth by 8.2% during the second quarter. Bridgeway Capital Management LLC now owns 27,066 shares of the company’s stock valued at $150,000 after buying an additional 2,058 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its stake in GoHealth by 50.5% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 26,013 shares of the company’s stock valued at $144,000 after buying an additional 8,734 shares during the period. Finally, Empowered Funds LLC grew its position in GoHealth by 7.7% during the first quarter. Empowered Funds LLC now owns 25,008 shares of the company’s stock worth $307,000 after buying an additional 1,790 shares in the last quarter. Hedge funds and other institutional investors own 24.21% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on GOCO shares. Royal Bank Of Canada dropped their price target on GoHealth from $12.00 to $5.00 and set a “sector perform” rating for the company in a research report on Wednesday, November 26th. William Blair reiterated a “market perform” rating on shares of GoHealth in a research report on Wednesday, November 19th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of GoHealth in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $5.00.

GoHealth Price Performance

GOCO stock opened at $1.62 on Wednesday. The firm has a market cap of $46.51 million, a P/E ratio of -0.10 and a beta of 1.65. The firm’s fifty day moving average is $2.30 and its 200 day moving average is $3.63. GoHealth, Inc. has a 52 week low of $1.61 and a 52 week high of $21.00. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.64 and a current ratio of 1.64.

GoHealth Company Profile

GoHealth, Inc is a technology-driven health insurance marketplace that connects consumers with a wide range of health insurance plans from leading carriers. Through its digital platform, the company facilitates the comparison, selection and enrollment process for individual and family plans, as well as Medicare Advantage and Medicare Supplement products. By leveraging data analytics and customer support services, GoHealth aims to simplify a traditionally complex market and enable more informed decision-making for policyholders.

The company’s online portal integrates real-time quoting tools, educational resources and access to licensed insurance agents, ensuring that users receive personalized guidance throughout the enrollment journey.