Quest Partners LLC lifted its stake in Equity Commonwealth (NYSE:EQC - Free Report) by 134.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,136 shares of the real estate investment trust's stock after buying an additional 40,216 shares during the period. Quest Partners LLC owned approximately 0.07% of Equity Commonwealth worth $1,396,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in EQC. Vanguard Group Inc. grew its holdings in shares of Equity Commonwealth by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 16,255,061 shares of the real estate investment trust's stock valued at $306,896,000 after purchasing an additional 60,382 shares during the last quarter. Burgundy Asset Management Ltd. grew its stake in shares of Equity Commonwealth by 1.4% during the second quarter. Burgundy Asset Management Ltd. now owns 3,709,792 shares of the real estate investment trust's stock worth $71,970,000 after buying an additional 50,864 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of Equity Commonwealth by 0.5% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,718,940 shares of the real estate investment trust's stock worth $32,454,000 after buying an additional 7,837 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Equity Commonwealth by 1.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,622,655 shares of the real estate investment trust's stock worth $32,291,000 after buying an additional 18,393 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of Equity Commonwealth by 4.2% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,161,788 shares of the real estate investment trust's stock valued at $22,539,000 after acquiring an additional 46,314 shares during the last quarter. Institutional investors own 96.00% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Equity Commonwealth from a "hold" rating to a "sell" rating in a report on Friday, October 25th.
Get Our Latest Analysis on Equity Commonwealth
Equity Commonwealth Price Performance
NYSE EQC traded up $0.03 during trading hours on Wednesday, reaching $20.12. The company's stock had a trading volume of 2,427,821 shares, compared to its average volume of 1,148,668. Equity Commonwealth has a 52 week low of $17.93 and a 52 week high of $21.00. The firm has a fifty day simple moving average of $19.92 and a 200-day simple moving average of $19.73. The stock has a market cap of $2.16 billion, a P/E ratio of 51.54 and a beta of 0.27.
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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