4,301 Shares in Equitable Holdings, Inc. (NYSE:EQH) Purchased by D Orazio & Associates Inc.

D Orazio & Associates Inc. bought a new position in Equitable Holdings, Inc. (NYSE:EQH) during the fourth quarter, Holdings Channel reports. The firm bought 4,301 shares of the company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in EQH. Versant Capital Management Inc raised its holdings in shares of Equitable by 195.6% in the 4th quarter. Versant Capital Management Inc now owns 532 shares of the company’s stock worth $25,000 after acquiring an additional 352 shares during the last quarter. Covestor Ltd raised its holdings in shares of Equitable by 61.5% in the 3rd quarter. Covestor Ltd now owns 646 shares of the company’s stock worth $27,000 after acquiring an additional 246 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new stake in Equitable in the 3rd quarter valued at about $48,000. UMB Bank n.a. increased its stake in Equitable by 86.3% in the 3rd quarter. UMB Bank n.a. now owns 1,550 shares of the company’s stock valued at $65,000 after buying an additional 718 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Equitable by 298.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,689 shares of the company’s stock valued at $80,000 after buying an additional 1,265 shares during the last quarter. Institutional investors and hedge funds own 92.70% of the company’s stock.

Wall Street Analyst Weigh In

EQH has been the subject of several analyst reports. BMO Capital Markets initiated coverage on shares of Equitable in a research note on Thursday, January 23rd. They issued an “outperform” rating and a $70.00 price objective for the company. Wells Fargo & Company reduced their target price on shares of Equitable from $54.00 to $53.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. JPMorgan Chase & Co. increased their target price on shares of Equitable from $45.00 to $53.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft raised shares of Equitable from a “hold” rating to a “buy” rating and increased their target price for the company from $47.00 to $58.00 in a research report on Friday, January 10th. Finally, Barclays increased their target price on shares of Equitable from $60.00 to $61.00 and gave the company an “overweight” rating in a research report on Monday, January 6th. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, Equitable presently has an average rating of “Moderate Buy” and an average price target of $53.67.

Insider Activity

In related news, CAO William James Iv Eckert sold 1,700 shares of Equitable stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $46.68, for a total value of $79,356.00. Following the transaction, the chief accounting officer now owns 17,677 shares in the company, valued at $825,162.36. This trade represents a 8.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark Pearson sold 30,000 shares of Equitable stock in a transaction on Friday, November 15th. The stock was sold at an average price of $47.43, for a total transaction of $1,422,900.00. Following the completion of the transaction, the chief executive officer now owns 648,555 shares in the company, valued at approximately $30,760,963.65. The trade was a 4.42 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 155,032 shares of company stock worth $7,587,971. 1.10% of the stock is currently owned by corporate insiders.

Equitable Stock Up 2.8 %

Shares of NYSE:EQH opened at $53.70 on Friday. The firm has a fifty day moving average price of $49.51 and a two-hundred day moving average price of $45.41. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.07 and a quick ratio of 0.12. Equitable Holdings, Inc. has a one year low of $32.72 and a one year high of $54.82. The company has a market cap of $16.83 billion, a price-to-earnings ratio of 14.06 and a beta of 1.39.

Equitable (NYSE:EQH) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $1.57 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.08). Equitable had a net margin of 10.51% and a return on equity of 85.70%. Analysts anticipate that Equitable Holdings, Inc. will post 7.24 EPS for the current fiscal year.

Equitable Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Tuesday, November 26th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Tuesday, November 26th. Equitable’s dividend payout ratio (DPR) is currently 25.13%.

Equitable Company 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.