88,138 Shares in AXA Equitable Holdings Inc (NYSE:EQH) Purchased by Voloridge Investment Management LLC

Voloridge Investment Management LLC purchased a new stake in AXA Equitable Holdings Inc (NYSE:EQH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 88,138 shares of the company’s stock, valued at approximately $1,466,000.

Other large investors also recently bought and sold shares of the company. BOKF NA acquired a new stake in shares of AXA Equitable in the fourth quarter valued at approximately $349,000. Vanguard Group Inc. increased its holdings in shares of AXA Equitable by 1.8% in the third quarter. Vanguard Group Inc. now owns 12,848,848 shares of the company’s stock valued at $275,608,000 after purchasing an additional 233,204 shares during the last quarter. Pzena Investment Management LLC increased its holdings in shares of AXA Equitable by 1.3% in the fourth quarter. Pzena Investment Management LLC now owns 14,292,398 shares of the company’s stock valued at $237,683,000 after purchasing an additional 188,477 shares during the last quarter. Bank of Nova Scotia acquired a new stake in shares of AXA Equitable in the fourth quarter valued at approximately $16,630,000. Finally, City Financial Investment Co Ltd acquired a new stake in shares of AXA Equitable in the fourth quarter valued at approximately $1,247,000. 48.00% of the stock is owned by hedge funds and other institutional investors.

In other news, major shareholder Axa sold 46,000,000 shares of the firm’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of $19.99, for a total transaction of $919,540,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.06% of the company’s stock.

Several equities research analysts recently commented on the company. Barclays increased their price target on AXA Equitable from $18.00 to $20.00 and gave the company an “equal weight” rating in a report on Monday, April 1st. ValuEngine upgraded AXA Equitable from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Zacks Investment Research lowered AXA Equitable from a “buy” rating to a “hold” rating in a research report on Wednesday, December 19th. Citigroup increased their price objective on AXA Equitable from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Wells Fargo & Co began coverage on AXA Equitable in a research report on Tuesday, January 8th. They issued a “market perform” rating and a $20.00 price objective for the company. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $24.31.

Shares of EQH traded up $0.04 during midday trading on Monday, hitting $22.31. 2,102,523 shares of the stock were exchanged, compared to its average volume of 2,994,794. AXA Equitable Holdings Inc has a 52-week low of $14.72 and a 52-week high of $23.21. The firm has a market cap of $10.73 billion and a P/E ratio of 5.74.

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About AXA Equitable

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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