Top 5 Stock Picks of James Morrow’s Callodine Capital Management

4. Equitable Holdings, Inc. (NYSE:EQH)

Callodine Capital Management’s Stake Value: $14,257,000
Percentage of Callodine Capital Management’s Portfolio: 4.57%
Number of Hedge Fund Holders: 44

Equitable Holdings, Inc. (NYSE:EQH), with its subsidiary companies, provides diversified financial services globally. On May 25, Jimmy Bhullar, an analyst at JPMorgan, raised Equitable Holdings, Inc. (NYSE:EQH) to Overweight from Neutral and a price target of $36.

Callodine Capital Management upped its position in Equitable Holdings, Inc. (NYSE:EQH) by 27% or 96,250 shares. The hedge fund’s total holding of 461,250 shares was worth more than $14.26 million as of March 31. This represented 4.57% of its portfolio.

Equitable Holdings, Inc. (NYSE:EQH) recently saw a decline in hedge fund sentiment. The number of long hedge fund positions decreased to 44 at the end of the first quarter, compared to 45 in the previous quarter.