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Equitable Holdings, Inc. (NYSE:EQH) Shares Sold by Keeley Teton Advisors LLC

Equitable logo with Finance background

Keeley Teton Advisors LLC trimmed its position in shares of Equitable Holdings, Inc. (NYSE:EQH - Free Report) by 11.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,195 shares of the company's stock after selling 10,612 shares during the quarter. Keeley Teton Advisors LLC's holdings in Equitable were worth $3,830,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Assetmark Inc. grew its holdings in Equitable by 33.2% during the 4th quarter. Assetmark Inc. now owns 799 shares of the company's stock worth $38,000 after acquiring an additional 199 shares during the last quarter. Atomi Financial Group Inc. lifted its stake in Equitable by 3.3% in the fourth quarter. Atomi Financial Group Inc. now owns 6,577 shares of the company's stock valued at $310,000 after acquiring an additional 209 shares during the last quarter. Truist Financial Corp increased its stake in shares of Equitable by 2.8% during the 4th quarter. Truist Financial Corp now owns 9,554 shares of the company's stock worth $451,000 after purchasing an additional 257 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Equitable by 10.6% in the fourth quarter. Jones Financial Companies Lllp now owns 2,768 shares of the company's stock valued at $131,000 after buying an additional 266 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. raised its stake in Equitable by 2.2% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,380 shares of the company's stock valued at $631,000 after acquiring an additional 283 shares during the period. Institutional investors own 92.70% of the company's stock.

Equitable Stock Up 1.1 %

Shares of NYSE:EQH traded up $0.53 during trading on Friday, reaching $46.88. The stock had a trading volume of 2,728,089 shares, compared to its average volume of 2,631,330. The firm's 50-day simple moving average is $51.12 and its 200 day simple moving average is $49.06. The company has a current ratio of 0.07, a quick ratio of 0.12 and a debt-to-equity ratio of 3.07. Equitable Holdings, Inc. has a one year low of $36.18 and a one year high of $56.00. The company has a market capitalization of $14.38 billion, a P/E ratio of 12.27 and a beta of 1.23.

Equitable (NYSE:EQH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.65 by ($0.08). Equitable had a return on equity of 85.70% and a net margin of 10.51%. As a group, research analysts expect that Equitable Holdings, Inc. will post 7.33 EPS for the current fiscal year.

Equitable Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 5th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend was Wednesday, March 5th. Equitable's dividend payout ratio is currently 25.13%.

Insider Buying and Selling at Equitable

In other Equitable news, insider Nick Lane sold 5,000 shares of Equitable stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $47.57, for a total transaction of $237,850.00. Following the transaction, the insider now directly owns 139,073 shares of the company's stock, valued at $6,615,702.61. The trade was a 3.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jeffrey J. Hurd sold 6,666 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $55.38, for a total value of $369,163.08. Following the completion of the transaction, the chief operating officer now owns 104,298 shares of the company's stock, valued at $5,776,023.24. The trade was a 6.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 83,332 shares of company stock valued at $4,141,315. 1.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on EQH. Wells Fargo & Company decreased their price target on shares of Equitable from $62.00 to $59.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. Keefe, Bruyette & Woods increased their price target on Equitable from $62.00 to $66.00 and gave the stock an "outperform" rating in a research report on Friday, February 28th. Truist Financial upped their target price on Equitable from $52.00 to $60.00 and gave the company a "buy" rating in a research report on Monday, February 10th. UBS Group upgraded shares of Equitable from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $49.00 to $77.00 in a research note on Wednesday, April 2nd. Finally, Barclays raised their price objective on shares of Equitable from $60.00 to $61.00 and gave the company an "overweight" rating in a report on Monday, January 6th. One analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $60.91.

Read Our Latest Stock Report on EQH

Equitable Profile

(Free Report)

Equitable Holdings, Inc, together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy.

See Also

Institutional Ownership by Quarter for Equitable (NYSE:EQH)

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