Equitable Holdings, Inc. (NYSE:EQH) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its position in shares of Equitable Holdings, Inc. (NYSE:EQH - Free Report) by 15.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 415,574 shares of the company's stock after selling 77,828 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.13% of Equitable worth $19,603,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. MQS Management LLC acquired a new stake in Equitable during the 3rd quarter valued at approximately $587,000. JPMorgan Chase & Co. raised its holdings in shares of Equitable by 20.3% during the third quarter. JPMorgan Chase & Co. now owns 908,653 shares of the company's stock worth $38,191,000 after purchasing an additional 153,457 shares during the last quarter. Principal Financial Group Inc. lifted its position in Equitable by 7.5% during the third quarter. Principal Financial Group Inc. now owns 2,117,568 shares of the company's stock valued at $89,001,000 after purchasing an additional 148,180 shares during the period. Miracle Mile Advisors LLC acquired a new position in Equitable during the fourth quarter valued at $295,000. Finally, Qsemble Capital Management LP boosted its holdings in Equitable by 902.4% in the third quarter. Qsemble Capital Management LP now owns 78,456 shares of the company's stock valued at $3,298,000 after purchasing an additional 70,629 shares during the last quarter. Hedge funds and other institutional investors own 92.70% of the company's stock.

Wall Street Analysts Forecast Growth

EQH has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft raised Equitable from a "hold" rating to a "buy" rating and raised their target price for the stock from $47.00 to $58.00 in a report on Friday, January 10th. Barclays upped their price target on shares of Equitable from $60.00 to $61.00 and gave the stock an "overweight" rating in a research report on Monday, January 6th. BMO Capital Markets started coverage on Equitable in a report on Thursday, January 23rd. They issued an "outperform" rating and a $70.00 price objective on the stock. Keefe, Bruyette & Woods upgraded Equitable from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $54.00 to $58.00 in a report on Monday, December 9th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Equitable from $45.00 to $53.00 and gave the company a "neutral" rating in a report on Tuesday, January 7th. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $53.67.

Insiders Place Their Bets

In other Equitable news, CAO William James Iv Eckert sold 1,700 shares of Equitable stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $46.68, for a total transaction of $79,356.00. Following the transaction, the chief accounting officer now owns 17,677 shares of the company's stock, valued at $825,162.36. The trade was a 8.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Nick Lane sold 25,000 shares of the company's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $51.65, for a total transaction of $1,291,250.00. Following the completion of the sale, the insider now owns 121,629 shares of the company's stock, valued at approximately $6,282,137.85. This trade represents a 17.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 161,698 shares of company stock worth $7,904,806 in the last 90 days. Corporate insiders own 1.10% of the company's stock.

Equitable Trading Down 1.0 %

NYSE EQH traded down $0.52 during trading on Tuesday, hitting $53.25. The stock had a trading volume of 2,013,260 shares, compared to its average volume of 2,751,039. The firm has a 50 day moving average price of $49.21 and a 200 day moving average price of $45.20. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 1.63. Equitable Holdings, Inc. has a twelve month low of $32.21 and a twelve month high of $54.82. The company has a market capitalization of $16.68 billion, a PE ratio of -48.85 and a beta of 1.39.

Equitable (NYSE:EQH - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The company reported $1.53 EPS for the quarter, hitting the consensus estimate of $1.53. The business had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.78 billion. Equitable had a negative net margin of 2.64% and a positive return on equity of 76.47%. The company's quarterly revenue was down 15.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.15 earnings per share. As a group, equities research analysts forecast that Equitable Holdings, Inc. will post 6 earnings per share for the current year.

Equitable Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Tuesday, November 26th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Tuesday, November 26th. Equitable's payout ratio is presently -88.07%.

Equitable Profile

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.