Robeco Institutional Asset Management B.V. Has $20.74 Million Stock Holdings in Equitable Holdings, Inc. (NYSE:EQH)

Robeco Institutional Asset Management B.V. reduced its position in shares of Equitable Holdings, Inc. (NYSE:EQH - Free Report) by 3.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 493,402 shares of the company's stock after selling 15,439 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.15% of Equitable worth $20,738,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Norden Group LLC acquired a new position in shares of Equitable in the 1st quarter valued at approximately $212,000. Daiwa Securities Group Inc. grew its holdings in Equitable by 10.6% during the 1st quarter. Daiwa Securities Group Inc. now owns 24,093 shares of the company's stock worth $916,000 after acquiring an additional 2,300 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Equitable in the 1st quarter valued at about $542,000. Quantbot Technologies LP lifted its position in shares of Equitable by 27.0% during the first quarter. Quantbot Technologies LP now owns 179,311 shares of the company's stock worth $6,816,000 after purchasing an additional 38,136 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in Equitable by 672.4% in the first quarter. SG Americas Securities LLC now owns 72,390 shares of the company's stock worth $2,752,000 after purchasing an additional 63,018 shares in the last quarter. 92.70% of the stock is owned by institutional investors and hedge funds.

Equitable Stock Performance

EQH stock traded down $2.05 on Thursday, reaching $48.35. The company's stock had a trading volume of 2,217,683 shares, compared to its average volume of 2,501,903. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.12 and a current ratio of 0.12. Equitable Holdings, Inc. has a 52 week low of $25.88 and a 52 week high of $50.51. The firm has a fifty day moving average of $43.03 and a two-hundred day moving average of $41.32.

Equitable (NYSE:EQH - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $1.53 EPS for the quarter, hitting analysts' consensus estimates of $1.53. The company had revenue of $3.08 billion for 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 85.96%. Equitable's revenue was down 15.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.15 EPS. Analysts anticipate that Equitable Holdings, Inc. will post 6.04 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Barclays upped their price objective on Equitable from $59.00 to $60.00 and gave the company an "overweight" rating in a research note on Tuesday, October 8th. Wells Fargo & Company lifted their price objective on shares of Equitable from $43.00 to $47.00 and gave the stock an "overweight" rating in a report on Thursday, October 10th. Morgan Stanley dropped their target price on shares of Equitable from $48.00 to $46.00 and set an "overweight" rating on the stock in a report on Monday, August 19th. Truist Financial lifted their price target on shares of Equitable from $44.00 to $52.00 and gave the company a "buy" rating in a report on Thursday, August 1st. Finally, Citigroup increased their price objective on shares of Equitable from $41.00 to $53.00 and gave the stock a "buy" rating in a research note on Tuesday, July 23rd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $48.70.

Insider Activity

In related news, CEO Mark Pearson sold 30,000 shares of the firm's stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $42.20, for a total transaction of $1,266,000.00. Following the completion of the sale, the chief executive officer now directly owns 678,555 shares in the company, valued at approximately $28,635,021. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CAO William James Iv Eckert sold 3,500 shares of the company's stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $42.42, for a total value of $148,470.00. Following the completion of the sale, the chief accounting officer now owns 19,321 shares in the company, valued at approximately $819,596.82. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mark Pearson sold 30,000 shares of Equitable stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $42.20, for a total transaction of $1,266,000.00. Following the transaction, the chief executive officer now owns 678,555 shares in the company, valued at approximately $28,635,021. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 93,500 shares of company stock worth $3,969,870. 1.10% of the stock is owned by company insiders.

About Equitable

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.