Harbor Capital Advisors Inc. increased its position in shares of Equity Commonwealth (NYSE:EQC - Free Report) by 147.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 161,729 shares of the real estate investment trust's stock after buying an additional 96,312 shares during the period. Harbor Capital Advisors Inc. owned 0.15% of Equity Commonwealth worth $3,218,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds 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 2nd quarter worth about $27,000. CWM LLC boosted its position in 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 during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in Equity Commonwealth by 35.2% in the 3rd 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 last quarter. Blue Trust Inc. lifted its position in Equity Commonwealth by 459.8% during the third quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust's stock worth $88,000 after acquiring an additional 3,738 shares during the last quarter. Finally, Quarry LP boosted its holdings in shares of Equity Commonwealth by 629.6% during the second quarter. Quarry LP now owns 5,932 shares of the real estate investment trust's stock worth $115,000 after acquiring an additional 5,119 shares during the period. 96.00% of the stock is owned by institutional investors.
Equity Commonwealth Stock Up 0.1 %
Shares of EQC traded up $0.01 during midday trading on Monday, reaching $19.86. 985,039 shares of the stock were exchanged, compared to its average volume of 953,922. The stock's 50 day simple moving average is $19.97 and its 200 day simple moving average is $19.62. The company has a market cap of $2.13 billion, a P/E ratio of 50.92 and a beta of 0.27. Equity Commonwealth has a twelve month low of $17.93 and a twelve month high of $21.00.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Equity Commonwealth from a "hold" rating to a "sell" rating in a research note on Friday, October 25th.
View Our Latest Research Report on EQC
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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