Charles Schwab Investment Management Inc. lifted its position in Equity Commonwealth (NYSE:EQC - Free Report) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,491,407 shares of the real estate investment trust's stock after buying an additional 64,180 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.39% of Equity Commonwealth worth $29,679,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Equity Commonwealth in the second quarter worth $27,000. CWM LLC lifted its stake in shares of Equity Commonwealth by 29.3% in 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 during the last quarter. Van ECK Associates Corp lifted its stake in shares of Equity Commonwealth by 25.6% in the third quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust's stock worth $61,000 after buying an additional 632 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake 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 valued at $83,000 after purchasing an additional 1,084 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in Equity Commonwealth by 459.8% during 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. 96.00% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
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 Analysis on Equity Commonwealth
Equity Commonwealth Trading Up 0.9 %
NYSE:EQC traded up $0.18 during trading hours on Thursday, hitting $20.33. 4,135,038 shares of the company traded hands, compared to its average volume of 1,203,436. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 51.64 and a beta of 0.27. Equity Commonwealth has a twelve month low of $17.93 and a twelve month high of $21.00. The firm has a 50-day moving average of $19.94 and a 200 day moving average of $19.80.
Equity Commonwealth 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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