Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Equity Commonwealth (NYSE:EQC - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,456 shares of the real estate investment trust's stock, valued at approximately $626,000.
Several other hedge funds have also recently bought and sold shares of EQC. Quest Partners LLC lifted its stake in shares of Equity Commonwealth by 134.4% during the third quarter. Quest Partners LLC now owns 70,136 shares of the real estate investment trust's stock worth $1,396,000 after purchasing an additional 40,216 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Equity Commonwealth by 3.0% during the third quarter. Empowered Funds LLC now owns 144,726 shares of the real estate investment trust's stock valued at $2,880,000 after purchasing an additional 4,185 shares during the period. Metis Global Partners LLC purchased a new position in shares of Equity Commonwealth in the third quarter valued at $220,000. GSA Capital Partners LLP acquired a new stake in Equity Commonwealth during the 3rd quarter valued at $2,420,000. Finally, Entropy Technologies LP increased its stake in Equity Commonwealth by 11.9% during the 3rd quarter. Entropy Technologies LP now owns 31,904 shares of the real estate investment trust's stock worth $635,000 after buying an additional 3,402 shares during the period. Hedge funds and other institutional investors own 96.00% of the company's stock.
Equity Commonwealth Trading Up 0.4 %
NYSE EQC traded up $0.09 during trading hours on Friday, reaching $20.34. 813,155 shares of the company traded hands, compared to its average volume of 1,168,413. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.00. The company has a 50 day moving average of $19.90 and a two-hundred day moving average of $19.78. The stock has a market capitalization of $2.18 billion, a PE ratio of 51.90 and a beta of 0.27.
Analyst Ratings Changes
Separately, StockNews.com downgraded Equity Commonwealth from a "hold" rating to a "sell" rating in a report on Friday, October 25th.
Get Our Latest Analysis on Equity Commonwealth
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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