Quantitative Systematic Strategies LLC acquired a new stake in shares of AXA Equitable Holdings Inc (NYSE:EQH) in the second quarter, HoldingsChannel reports. The firm acquired 54,720 shares of the company’s stock, valued at approximately $1,128,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EQH. Pzena Investment Management LLC acquired a new position in shares of AXA Equitable during the second quarter valued at about $242,178,000. Cambiar Investors LLC acquired a new position in AXA Equitable in the second quarter worth about $8,094,000. TD Asset Management Inc. acquired a new position in AXA Equitable in the second quarter worth about $8,008,000. First Trust Advisors LP acquired a new position in AXA Equitable in the second quarter worth about $7,629,000. Finally, Bank of New York Mellon Corp acquired a new position in AXA Equitable in the second quarter worth about $6,458,000. 2.50% of the stock is owned by institutional investors and hedge funds.

Shares of AXA Equitable stock opened at $22.23 on Friday. AXA Equitable Holdings Inc has a 1-year low of $19.50 and a 1-year high of $22.45.

AXA Equitable (NYSE:EQH) last issued its quarterly earnings data on Tuesday, August 14th. The company reported $0.90 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.04. The firm had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.07 billion. The firm’s revenue for the quarter was down 23.7% compared to the same quarter last year. analysts forecast that AXA Equitable Holdings Inc will post 3.55 earnings per share for the current year.

The company also recently disclosed a special dividend, which will be paid on Thursday, August 30th. Shareholders of record on Thursday, August 23rd will be paid a dividend of $0.13 per share. The ex-dividend date is Wednesday, August 22nd.

Several research analysts recently issued reports on the stock. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $28.00 price target on shares of AXA Equitable in a research report on Friday. Morgan Stanley dropped their price target on shares of AXA Equitable from $26.00 to $25.00 and set an “overweight” rating for the company in a research report on Wednesday, July 11th. Barclays dropped their price target on shares of AXA Equitable from $24.00 to $23.00 and set an “equal weight” rating for the company in a research report on Monday, July 9th. Evercore ISI assumed coverage on shares of AXA Equitable in a research report on Friday, June 29th. They issued an “outperform” rating and a $26.00 price target for the company. Finally, Bank of America assumed coverage on shares of AXA Equitable in a research report on Tuesday, June 5th. They issued a “buy” rating and a $26.00 price target for the company. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. AXA Equitable presently has an average rating of “Buy” and an average price target of $25.45.

AXA Equitable Profile

AXA Equitable Holdings, Inc provides various financial services 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, which are primarily sold to affluent and high net worth individuals.

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

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