Alberta Investment Management Corp Purchases 7,124,543 Shares of Equity Commonwealth (NYSE:EQC)

Alberta Investment Management Corp lifted its holdings in shares of Equity Commonwealth (NYSE:EQC - Free Report) by 462.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,665,543 shares of the real estate investment trust's stock after purchasing an additional 7,124,543 shares during the quarter. Alberta Investment Management Corp owned 8.07% of Equity Commonwealth worth $15,338,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC grew its position in Equity Commonwealth by 29.3% during the third quarter. CWM LLC now owns 3,097 shares of the real estate investment trust's stock worth $62,000 after buying an additional 701 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Equity Commonwealth by 25.6% during the 3rd quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust's stock worth $61,000 after purchasing an additional 632 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Equity Commonwealth by 35.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust's stock worth $83,000 after purchasing an additional 1,084 shares during the period. Blue Trust Inc. raised its stake in Equity Commonwealth by 459.8% in the third quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust's stock valued at $88,000 after purchasing an additional 3,738 shares in the last quarter. Finally, Point72 DIFC Ltd acquired a new position in Equity Commonwealth in the third quarter valued at about $146,000. 96.00% of the stock is currently owned by institutional investors and hedge funds.

Equity Commonwealth Price Performance

NYSE:EQC traded up $0.01 during mid-day trading on Friday, reaching $1.73. The stock had a trading volume of 1,257,287 shares, compared to its average volume of 962,128. Equity Commonwealth has a 12 month low of $1.40 and a 12 month high of $21.00. The stock has a market capitalization of $185.15 million, a PE ratio of 4.42 and a beta of 0.48. The stock has a 50-day simple moving average of $1.74 and a two-hundred day simple moving average of $13.19.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Equity Commonwealth from a "hold" rating to a "sell" rating in a report on Friday, October 25th.

Equity Commonwealth Profile

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.