Equitable Holdings, Inc. (NYSE:EQH) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its position in Equitable Holdings, Inc. (NYSE:EQH - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,052,772 shares of the company's stock after selling 82,216 shares during the period. Dimensional Fund Advisors LP owned approximately 1.29% of Equitable worth $191,169,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased 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 valued at $38,191,000 after acquiring an additional 153,457 shares in the last quarter. Miracle Mile Advisors LLC acquired a new position in Equitable during the 4th quarter valued at approximately $295,000. Principal Financial Group Inc. raised its holdings in shares of Equitable by 7.5% in the third quarter. Principal Financial Group Inc. now owns 2,117,568 shares of the company's stock worth $89,001,000 after buying an additional 148,180 shares during the last quarter. Vest Financial LLC lifted its stake in shares of Equitable by 11.7% during the fourth quarter. Vest Financial LLC now owns 752,091 shares of the company's stock worth $35,476,000 after buying an additional 78,725 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Equitable during the fourth quarter valued at $29,939,000. Institutional investors own 92.70% of the company's stock.

Equitable Price Performance

NYSE EQH traded up $0.31 during trading hours on Tuesday, reaching $50.72. The company's stock had a trading volume of 376,303 shares, compared to its average volume of 2,616,848. The firm has a market capitalization of $15.56 billion, a price-to-earnings ratio of 13.26 and a beta of 1.23. The company's 50-day moving average is $50.38 and its two-hundred day moving average is $49.40. 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 1-year low of $36.46 and a 1-year high of $56.00.

Equitable (NYSE:EQH - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $1.57 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.08). Equitable had a return on equity of 85.70% and a net margin of 10.51%. On average, equities analysts predict that Equitable Holdings, Inc. will post 7.33 EPS for the current year.

Equitable Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.24 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.89%. Equitable's dividend payout ratio is currently 25.13%.

Wall Street Analyst Weigh In

Several analysts have weighed in on EQH shares. Barclays boosted their price target on Equitable from $60.00 to $61.00 and gave the company an "overweight" rating in a research note on Monday, January 6th. JPMorgan Chase & Co. increased their price target on shares of Equitable from $53.00 to $55.00 and gave the stock a "neutral" rating in a report on Wednesday, April 2nd. Morgan Stanley dropped their price objective on shares of Equitable from $68.00 to $58.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Wells Fargo & Company reduced their target price on shares of Equitable from $62.00 to $59.00 and set an "overweight" rating for the company in a report on Thursday, April 10th. Finally, UBS Group raised shares of Equitable from a "neutral" rating to a "buy" rating and upped their price target for the company from $49.00 to $77.00 in a report on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, Equitable currently has a consensus rating of "Moderate Buy" and a consensus price target of $60.91.

Insider Buying and Selling

In other Equitable news, insider Nick Lane sold 5,000 shares of the firm's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $47.57, for a total value of $237,850.00. Following the transaction, the insider now owns 139,073 shares in the company, valued at approximately $6,615,702.61. This trade represents a 3.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Jeffrey J. Hurd sold 6,666 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $55.38, for a total transaction of $369,163.08. Following the sale, the chief operating officer now directly owns 104,298 shares of the company's stock, valued at $5,776,023.24. The trade was a 6.01 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 83,332 shares of company stock worth $4,141,315 in the last 90 days. Insiders own 1.10% of the company's stock.

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.