GSA Capital Partners LLP acquired a new position in shares of Equity Commonwealth (NYSE:EQC - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 121,622 shares of the real estate investment trust's stock, valued at approximately $2,420,000. GSA Capital Partners LLP owned 0.11% of Equity Commonwealth as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of EQC. Mirae Asset Global Investments Co. Ltd. raised its holdings in Equity Commonwealth by 1.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,845 shares of the real estate investment trust's stock valued at $991,000 after acquiring an additional 569 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Equity Commonwealth by 103.1% in the 1st quarter. BNP Paribas Financial Markets now owns 66,068 shares of the real estate investment trust's stock worth $1,247,000 after acquiring an additional 33,542 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Equity Commonwealth by 0.9% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 66,508 shares of the real estate investment trust's stock worth $1,256,000 after purchasing an additional 586 shares during the period. Empowered Funds LLC purchased a new stake in shares of Equity Commonwealth in the 1st quarter valued at approximately $2,162,000. Finally, SG Americas Securities LLC increased its holdings in shares of Equity Commonwealth by 53.1% during the 1st quarter. SG Americas Securities LLC now owns 12,460 shares of the real estate investment trust's stock worth $235,000 after buying an additional 4,320 shares during the last quarter. 96.00% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut Equity Commonwealth from a "hold" rating to a "sell" rating in a report on Friday, October 25th.
Read Our Latest Stock Report on Equity Commonwealth
Equity Commonwealth Stock Down 0.5 %
NYSE EQC traded down $0.10 on Tuesday, reaching $19.99. The stock had a trading volume of 363,404 shares, compared to its average volume of 967,228. The stock has a fifty day moving average price of $19.95 and a two-hundred day moving average price of $19.68. Equity Commonwealth has a 12-month low of $17.93 and a 12-month high of $21.00. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 51.49 and a beta of 0.27.
Equity Commonwealth Company 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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