Nuance Investments LLC trimmed its position in shares of Equity Commonwealth (NYSE:EQC - Free Report) by 20.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,132,104 shares of the real estate investment trust's stock after selling 287,951 shares during the quarter. Nuance Investments LLC owned approximately 1.05% of Equity Commonwealth worth $22,529,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Equity Commonwealth during the second quarter worth approximately $27,000. CWM LLC lifted its position in shares of Equity Commonwealth by 29.3% during the third quarter. CWM LLC now owns 3,097 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 701 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Equity Commonwealth by 25.6% during the third quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust's stock worth $61,000 after purchasing an additional 632 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Equity Commonwealth by 35.2% in the third 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 buying an additional 1,084 shares during the period. Finally, Blue Trust Inc. lifted its holdings in Equity Commonwealth by 459.8% in the third quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust's stock valued at $88,000 after buying an additional 3,738 shares during the period. 96.00% of the stock is owned by institutional investors.
Equity Commonwealth Price Performance
EQC traded up $0.03 during mid-day trading on Wednesday, hitting $20.12. The stock had a trading volume of 2,427,821 shares, compared to its average volume of 1,148,668. The stock's fifty day simple moving average is $19.92 and its 200-day simple moving average is $19.73. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 51.59 and a beta of 0.27. Equity Commonwealth has a 1-year low of $17.93 and a 1-year high of $21.00.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Equity Commonwealth from a "hold" rating to a "sell" rating in a report on Friday, October 25th.
View Our Latest Stock Analysis on Equity Commonwealth
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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