Barclays PLC Buys 3,832,214 Shares of Equity Commonwealth (NYSE:EQC)

Barclays PLC lifted its stake in shares of Equity Commonwealth (NYSE:EQC - Free Report) by 923.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,247,401 shares of the real estate investment trust's stock after acquiring an additional 3,832,214 shares during the quarter. Barclays PLC owned 3.96% of Equity Commonwealth worth $7,518,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of EQC. Alberta Investment Management Corp lifted its stake in Equity Commonwealth by 462.3% during the fourth quarter. Alberta Investment Management Corp now owns 8,665,543 shares of the real estate investment trust's stock valued at $15,338,000 after buying an additional 7,124,543 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Equity Commonwealth by 490.0% in the 4th quarter. Bank of Montreal Can now owns 1,970,198 shares of the real estate investment trust's stock valued at $3,487,000 after acquiring an additional 1,636,252 shares in the last quarter. Renaissance Technologies LLC grew its position in Equity Commonwealth by 27.5% during the 4th quarter. Renaissance Technologies LLC now owns 1,400,871 shares of the real estate investment trust's stock worth $2,480,000 after purchasing an additional 301,786 shares in the last quarter. Yakira Capital Management Inc. raised its stake in Equity Commonwealth by 1,577.5% during the 4th quarter. Yakira Capital Management Inc. now owns 858,859 shares of the real estate investment trust's stock valued at $1,520,000 after purchasing an additional 807,659 shares during the period. Finally, Y Intercept Hong Kong Ltd raised its stake in Equity Commonwealth by 3,136.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 578,552 shares of the real estate investment trust's stock valued at $1,024,000 after purchasing an additional 560,678 shares during the period. 96.00% of the stock is owned by institutional investors and hedge funds.

Equity Commonwealth Stock Performance

Shares of EQC stock remained flat at $1.58 on Friday. The firm has a market cap of $169.73 million, a P/E ratio of 4.05 and a beta of 0.57. Equity Commonwealth has a 1-year low of $1.40 and a 1-year high of $21.00. The company's 50-day moving average price is $1.62 and its two-hundred day moving average price is $7.02.

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.