132,552 Shares in Equity Commonwealth (NYSE:EQC) Bought by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new position in Equity Commonwealth (NYSE:EQC - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 132,552 shares of the real estate investment trust's stock, valued at approximately $2,638,000. Edgestream Partners L.P. owned about 0.12% of Equity Commonwealth at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in EQC. Verition Fund Management LLC lifted its position in Equity Commonwealth by 1,142.3% in the 3rd quarter. Verition Fund Management LLC now owns 214,522 shares of the real estate investment trust's stock worth $4,269,000 after buying an additional 197,254 shares during the last quarter. Martingale Asset Management L P raised its stake in shares of Equity Commonwealth by 8.0% during the third quarter. Martingale Asset Management L P now owns 191,686 shares of the real estate investment trust's stock worth $3,815,000 after acquiring an additional 14,191 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Equity Commonwealth by 117.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 384,954 shares of the real estate investment trust's stock worth $7,661,000 after acquiring an additional 208,208 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Equity Commonwealth by 143.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 172,970 shares of the real estate investment trust's stock valued at $3,442,000 after purchasing an additional 101,829 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of Equity Commonwealth by 75.5% during the 3rd quarter. FMR LLC now owns 187,174 shares of the real estate investment trust's stock valued at $3,725,000 after purchasing an additional 80,541 shares during the last quarter. Hedge funds and other institutional investors own 96.00% of the company's stock.

Equity Commonwealth Stock Performance

EQC traded down $0.01 on Tuesday, hitting $20.17. 2,510,935 shares of the company were exchanged, compared to its average volume of 1,184,773. The firm has a fifty day simple moving average of $19.92 and a two-hundred day simple moving average of $19.79. The stock has a market capitalization of $2.16 billion, a PE ratio of 51.72 and a beta of 0.27. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.00.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Equity Commonwealth from a "hold" rating to a "sell" rating in a research note on Friday, October 25th.

Equity Commonwealth Company 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.