Bank of Montreal Can Buys 1,636,252 Shares of Equity Commonwealth (NYSE:EQC)

Bank of Montreal Can raised its position in Equity Commonwealth (NYSE:EQC - Free Report) by 490.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,970,198 shares of the real estate investment trust's stock after acquiring an additional 1,636,252 shares during the quarter. Bank of Montreal Can owned approximately 1.84% of Equity Commonwealth worth $3,487,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd purchased a new stake in shares of Equity Commonwealth in the third quarter worth $356,000. First Affirmative Financial Network boosted its stake in shares of Equity Commonwealth by 117.0% in the fourth quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 13,389 shares during the period. DGS Capital Management LLC purchased a new position in Equity Commonwealth in the 4th quarter worth approximately $53,000. Raymond James Financial Inc. purchased a new stake in Equity Commonwealth during the 4th quarter valued at approximately $58,000. Finally, Ullmann Wealth Partners Group LLC bought a new stake in shares of Equity Commonwealth during the fourth quarter valued at approximately $68,000. 96.00% of the stock is currently owned by hedge funds and other institutional investors.

Equity Commonwealth Trading Up 0.3 %

EQC traded up $0.01 during trading on Friday, hitting $1.60. 1,001,924 shares of the company traded hands, compared to its average volume of 1,574,386. The company has a market cap of $171.34 million, a PE ratio of 4.09 and a beta of 0.57. The stock's 50-day simple moving average is $1.63 and its two-hundred day simple moving average is $7.73. Equity Commonwealth has a 1 year low of $1.40 and a 1 year high of $21.00.

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.