Equity Commonwealth (NYSE:EQC) Shares Sold by Fullcircle Wealth LLC

Fullcircle Wealth LLC lessened its stake in Equity Commonwealth (NYSE:EQC - Free Report) by 67.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,485 shares of the real estate investment trust's stock after selling 28,520 shares during the period. Fullcircle Wealth LLC's holdings in Equity Commonwealth were worth $267,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Manning & Napier Advisors LLC acquired a new position in shares of Equity Commonwealth in the 2nd quarter worth approximately $3,463,000. Empowered Funds LLC bought a new stake in Equity Commonwealth during the first quarter valued at $2,162,000. BNP Paribas Financial Markets raised its holdings in shares of Equity Commonwealth by 103.1% during the first quarter. BNP Paribas Financial Markets now owns 66,068 shares of the real estate investment trust's stock worth $1,247,000 after purchasing an additional 33,542 shares during the period. Harbor Capital Advisors Inc. lifted its position in shares of Equity Commonwealth by 273.4% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 65,417 shares of the real estate investment trust's stock worth $1,269,000 after buying an additional 47,898 shares during the last quarter. Finally, Jennison Associates LLC acquired a new position in shares of Equity Commonwealth in the 1st quarter valued at about $976,000. 96.00% of the stock is owned by institutional investors and hedge funds.

Equity Commonwealth Stock Performance

Shares of Equity Commonwealth stock traded up $0.06 on Friday, reaching $19.85. 1,637,140 shares of the company were exchanged, compared to its average volume of 953,776. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 50.90 and a beta of 0.27. Equity Commonwealth has a 1-year low of $17.93 and a 1-year high of $21.00. The company's 50-day moving average is $19.97 and its two-hundred day moving average is $19.60.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered 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.