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Tag: Equitable

  • Boulder County seeks public input for first-ever strategic transit plan

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    BOULDER, Colo. — Boulder County is taking the first major step toward reimagining how residents get around, unveiling plans for its first-ever strategic transit plan and asking the community to weigh in on the future of transportation.

    The effort, called “Linking Boulder County,” is a push toward a more coordinated, equitable, and sustainable transit network. That could include the Northwest Rail Line, which would link Denver to Boulder and Longmont.]

    For longtime residents like Claudia Hanson Thiem, a board member of the nonprofit Boulder Progressives, current transit options leave much to be desired. Denver7’s Colin Riley spoke with Hanson Thiem at Boulder Junction’s Depot Square Station.

    Colin Riley, Denver7

    Boulder Progressives board member, Claudia Hanson Thiem.

    “I live about four miles away from this station, up in north Boulder, and it is actually easier, faster for me, to access this location in Boulder by bike than it is by transit,” Thiem said. “There are places that you can get to in the city of Boulder with transit, but if you need to change buses, for example, you’re looking at long wait times. You’re looking at unreliable service, and that’s the situation that I deal with.”

    Thiem, who often advocates for communities that cannot drive or choose not to, fears these populations are too often overlooked.

    “I think there’s a real tendency to leave them out. So if you look at our population here in Boulder, and really anywhere in the US, there’s 30% or more people who do not drive at all, right?” she said. “There are a lot of reasons why people are not traveling by private car. And yes, it’s hard to be heard.”

    She points out that improving transit is not just about mobility, but also touches on affordability, climate change, and universal access.

    “It’s part of climate action, because private car emissions are one of the largest local contributors to greenhouse gases,” Thiem said. “This is an area where we can make a big difference if we can change some transportation behaviors. One of the most important goals that we could have coming out of it is to have a focus on frequent and reliable transit service.”

    Boulder County officials say the plan is intended to ensure that “these efforts are happening in a coordinated fashion,” and to work “towards common goals and a shared vision.”

    jenny robbins boulder city council candidate boulder county transportation

    Colin Riley, Denver7

    Candidate for Boulder City Council, Jenny Robbins.

    Jenny Robbins, a candidate for Boulder City Council and parent of two teenage daughters who regularly ride the bus, is encouraged by the new direction.

    “I think it will help the whole community. From a climate perspective, it will help us reach our climate goals with our carbon emission reduction, as well as just be more equitable,” Robbins said. “It allows people to get from place to place where they need to go more efficiently.”

    Robbins says the plan must address not only gaps in bus routes, but also work holistically to improve connections for pedestrians, cyclists, bus riders, train passengers, and drivers alike.

    “We have to do that on bikes. We have to do that on buses. We have to do that on trains, and we have to do that by being able to walk from place to place,” Robbins said. “If all of these things can connect through our existing trails and our existing infrastructure, I think that would be fantastic. It would help our workers get to work on time. It would help our seniors with their independence. It would help our kids be safer and our students get to and from school.”

    Both Thiem and Robbins emphasized the importance of incorporating a diverse range of voices in the planning process.

    “Bringing the voices from the community together to talk about it is so important, because if you don’t have that, then you really don’t know what real-life experience is from people,” Robbins said.

    Boulder County is currently recruiting members for a community advisory committee to help guide the project. Residents are encouraged to apply and contribute their perspectives to help ensure the new transit network reflects the needs and experiences of everyone who lives and works in the area.

    If you are interested in joining the project’s community advisory committee, you have until September 19 to submit an application, which can be found here.

    Boulder County seeks public input for first-ever strategic transit plan

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    Denver7

    Denver7 | Your Voice: Get in touch with Colin Riley

    Denver7’s Colin Riley is a multimedia journalist who tells stories impacting all of Colorado’s communities, but specializes in reporting on transportation and our state’s senior population. If you’d like to get in touch with Colin, fill out the form below to send him an email.

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    Colin Riley

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  • Equitable Holdings, Inc. (NYSE:EQH) Shares Sold by Daiwa Securities Group Inc.

    Equitable Holdings, Inc. (NYSE:EQH) Shares Sold by Daiwa Securities Group Inc.

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    Daiwa Securities Group Inc. trimmed its holdings in shares of Equitable Holdings, Inc. (NYSE:EQHFree Report) by 5.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,693 shares of the company’s stock after selling 1,400 shares during the period. Daiwa Securities Group Inc.’s holdings in Equitable were worth $927,000 at the end of the most recent reporting period.

    Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Equitable by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 38,012,452 shares of the company’s stock valued at $1,265,815,000 after buying an additional 446,752 shares in the last quarter. Intech Investment Management LLC grew its position in Equitable by 60.9% in the first quarter. Intech Investment Management LLC now owns 100,476 shares of the company’s stock valued at $3,819,000 after acquiring an additional 38,040 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Equitable in the fourth quarter valued at approximately $362,000. Ashton Thomas Private Wealth LLC grew its position in Equitable by 265.0% in the first quarter. Ashton Thomas Private Wealth LLC now owns 69,503 shares of the company’s stock valued at $2,642,000 after acquiring an additional 50,460 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in Equitable in the fourth quarter valued at approximately $2,892,000. 92.70% of the stock is owned by institutional investors and hedge funds.

    Wall Street Analysts Forecast Growth

    A number of brokerages have weighed in on EQH. Barclays assumed coverage on Equitable in a research note on Wednesday, September 4th. They set an “overweight” rating and a $59.00 price objective for the company. Citigroup lifted their price objective on Equitable from $41.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Jefferies Financial Group lifted their price objective on Equitable from $46.00 to $51.00 and gave the stock a “buy” rating in a report on Friday, June 28th. UBS Group downgraded Equitable from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $40.00 to $43.00 in a report on Tuesday, June 18th. Finally, JPMorgan Chase & Co. lifted their price objective on Equitable from $36.00 to $45.00 and gave the stock a “neutral” rating in a report on Tuesday, July 2nd. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Equitable currently has an average rating of “Moderate Buy” and a consensus target price of $46.64.

    Get Our Latest Stock Report on Equitable

    Insider Activity

    In other news, COO Jeffrey J. Hurd sold 9,969 shares of the company’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $43.09, for a total transaction of $429,564.21. Following the completion of the sale, the chief operating officer now directly owns 111,552 shares of the company’s stock, valued at $4,806,775.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Mark Pearson sold 30,000 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $42.20, for a total transaction of $1,266,000.00. Following the completion of the sale, the chief executive officer now directly owns 678,555 shares of the company’s stock, valued at $28,635,021. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Jeffrey J. Hurd sold 9,969 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $43.09, for a total value of $429,564.21. Following the transaction, the chief operating officer now directly owns 111,552 shares in the company, valued at $4,806,775.68. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

    Equitable Trading Up 2.1 %

    Shares of EQH stock opened at $40.12 on Monday. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.12 and a current ratio of 0.12. Equitable Holdings, Inc. has a 1 year low of $24.65 and a 1 year high of $44.50. The stock has a fifty day moving average of $40.88 and a two-hundred day moving average of $39.28. The firm has a market capitalization of $13.05 billion, a PE ratio of 12.42 and a beta of 1.42.

    Equitable (NYSE:EQHGet Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.03. The business had revenue of $3.51 billion during the quarter, compared to analyst estimates of $3.71 billion. Equitable had a return on equity of 87.49% and a net margin of 7.87%. The company’s revenue was up 47.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 earnings per share. As a group, research analysts expect that Equitable Holdings, Inc. will post 6.01 EPS for the current year.

    Equitable Dividend Announcement

    The business also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Tuesday, August 6th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.39%. The ex-dividend date was Tuesday, August 6th. Equitable’s dividend payout ratio is 29.72%.

    Equitable Company Profile

    (Free Report)

    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.

    See Also

    Want to see what other hedge funds are holding EQH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equitable Holdings, Inc. (NYSE:EQHFree Report).

    Institutional Ownership by Quarter for Equitable (NYSE:EQH)

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    ABMN Staff

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