DLD Asset Management LP purchased a new position in Equity Commonwealth (NYSE:EQC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 412,779 shares of the real estate investment trust's stock, valued at approximately $731,000. DLD Asset Management LP owned 0.38% of Equity Commonwealth at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. Nomura Asset Management Co. Ltd. raised its stake in shares of Equity Commonwealth by 0.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 133,100 shares of the real estate investment trust's stock worth $2,649,000 after buying an additional 1,000 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Equity Commonwealth by 0.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 249,768 shares of the real estate investment trust's stock worth $4,970,000 after acquiring an additional 1,263 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in Equity Commonwealth in the 3rd quarter worth $146,000. First Affirmative Financial Network raised its position in Equity Commonwealth by 117.0% during 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. Finally, Point72 Asset Management L.P. purchased a new position in Equity Commonwealth during the third quarter valued at $326,000. Hedge funds and other institutional investors own 96.00% of the company's stock.
Equity Commonwealth Stock Down 0.3 %
Shares of NYSE EQC traded down $0.01 during trading on Friday, hitting $1.60. The company had a trading volume of 1,134,232 shares, compared to its average volume of 1,513,447. The firm has a market capitalization of $171.34 million, a price-to-earnings ratio of 4.09 and a beta of 0.57. The stock has a fifty day simple moving average of $1.66 and a two-hundred day simple moving average of $9.18. Equity Commonwealth has a fifty-two week low of $1.40 and a fifty-two week high of $21.00.
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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