Los Angeles Capital Management LLC acquired a new position in shares of Equity Commonwealth (NYSE:EQC - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,578 shares of the real estate investment trust's stock, valued at approximately $529,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. SG Americas Securities LLC grew its stake in shares of Equity Commonwealth by 53.1% in the first quarter. SG Americas Securities LLC now owns 12,460 shares of the real estate investment trust's stock worth $235,000 after acquiring an additional 4,320 shares during the last quarter. ProShare Advisors LLC increased its stake in Equity Commonwealth by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 18,354 shares of the real estate investment trust's stock valued at $347,000 after purchasing an additional 1,445 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in Equity Commonwealth by 19.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 35,753 shares of the real estate investment trust's stock worth $740,000 after buying an additional 5,787 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Equity Commonwealth by 0.4% in the first quarter. Vanguard Group Inc. now owns 16,255,061 shares of the real estate investment trust's stock worth $306,896,000 after buying an additional 60,382 shares in the last quarter. Finally, Covestor Ltd lifted its stake in shares of Equity Commonwealth by 21.4% in the first quarter. Covestor Ltd now owns 7,083 shares of the real estate investment trust's stock worth $134,000 after buying an additional 1,250 shares in the last quarter. Hedge funds and other institutional investors own 96.00% of the company's stock.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Equity Commonwealth from a "hold" rating to a "sell" rating in a research report on Friday, October 25th.
Get Our Latest Stock Analysis on EQC
Equity Commonwealth Stock Performance
Shares of EQC stock traded up $0.32 during mid-day trading on Friday, hitting $20.08. The company's stock had a trading volume of 4,900,096 shares, compared to its average volume of 2,745,695. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 51.49 and a beta of 0.27. Equity Commonwealth has a 52-week low of $17.93 and a 52-week high of $21.00. The business has a 50-day moving average price of $19.93 and a 200 day moving average price of $19.72.
Equity Commonwealth Company Profile
(
Free Report)
Equity Commonwealth NYSE: EQC is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.
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