10,400 Shares in AXA Equitable Holdings Inc (EQH) Acquired by Macquarie Group Ltd.

Macquarie Group Ltd. bought a new position in AXA Equitable Holdings Inc (NYSE:EQH) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,400 shares of the company’s stock, valued at approximately $173,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in EQH. Oregon Public Employees Retirement Fund acquired a new stake in shares of AXA Equitable during the fourth quarter worth approximately $44,000. American International Group Inc. boosted its holdings in shares of AXA Equitable by 44.6% during the fourth quarter. American International Group Inc. now owns 3,610 shares of the company’s stock worth $60,000 after purchasing an additional 1,114 shares during the period. Metropolitan Life Insurance Co. NY boosted its holdings in shares of AXA Equitable by 44.9% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 4,867 shares of the company’s stock worth $81,000 after purchasing an additional 1,507 shares during the period. LS Investment Advisors LLC acquired a new stake in shares of AXA Equitable during the fourth quarter worth approximately $87,000. Finally, Public Employees Retirement Association of Colorado boosted its holdings in shares of AXA Equitable by 42.1% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 7,219 shares of the company’s stock worth $120,000 after purchasing an additional 2,138 shares during the period. Institutional investors own 48.03% of the company’s stock.

Several research firms recently commented on EQH. Citigroup raised their price target on shares of AXA Equitable from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, April 11th. Zacks Investment Research upgraded shares of AXA Equitable from a “sell” rating to a “hold” rating in a report on Thursday, January 31st. Credit Suisse Group decreased their price target on shares of AXA Equitable from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Wednesday, April 3rd. Barclays raised their price target on shares of AXA Equitable from $18.00 to $20.00 and gave the stock an “equal weight” rating in a report on Monday, April 1st. Finally, ValuEngine upgraded shares of AXA Equitable from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. AXA Equitable currently has a consensus rating of “Buy” and an average target price of $24.31.

Shares of EQH opened at $22.58 on Wednesday. The company has a market cap of $10.96 billion and a P/E ratio of 5.74. AXA Equitable Holdings Inc has a twelve month low of $14.72 and a twelve month high of $23.21.

In related news, major shareholder Axa sold 46,000,000 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $19.99, for a total transaction of $919,540,000.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.16% of the stock is currently owned by company insiders.

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AXA Equitable Profile

AXA Equitable Holdings, Inc operates as a diversified financial services company worldwide. It operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals.

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Institutional Ownership by Quarter for AXA Equitable (NYSE:EQH)

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