Bank of Montreal Can decreased its holdings in Equity Commonwealth (NYSE:EQC - Free Report) by 8.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 333,946 shares of the real estate investment trust's stock after selling 30,972 shares during the period. Bank of Montreal Can owned approximately 0.31% of Equity Commonwealth worth $6,619,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in Equity Commonwealth in the second quarter valued at about $27,000. Van ECK Associates Corp boosted its stake in shares of Equity Commonwealth by 25.6% in the 3rd quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust's stock valued at $61,000 after purchasing an additional 632 shares in the last quarter. CWM LLC grew its holdings in shares of Equity Commonwealth by 29.3% during the 3rd quarter. CWM LLC now owns 3,097 shares of the real estate investment trust's stock valued at $62,000 after purchasing an additional 701 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Equity Commonwealth by 35.2% during the 3rd 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 in the last quarter. Finally, Blue Trust Inc. lifted its stake in Equity Commonwealth by 459.8% in the 3rd 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 during the last quarter. Institutional investors and hedge funds own 96.00% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Equity Commonwealth from a "hold" rating to a "sell" rating in a research note on Friday, October 25th.
Check Out Our Latest Report on Equity Commonwealth
Equity Commonwealth Trading Down 0.0 %
EQC traded down $0.01 on Tuesday, reaching $20.17. The stock had a trading volume of 2,510,935 shares, compared to its average volume of 1,184,773. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 51.72 and a beta of 0.27. Equity Commonwealth has a fifty-two week low of $17.93 and a fifty-two week high of $21.00. The firm has a 50-day moving average of $19.92 and a 200-day moving average of $19.79.
About Equity Commonwealth
(
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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