Thompson Siegel & Walmsley LLC Cuts Position in Equity Commonwealth (NYSE:EQC)

Thompson Siegel & Walmsley LLC trimmed its position in Equity Commonwealth (NYSE:EQC - Free Report) by 15.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,508,786 shares of the real estate investment trust's stock after selling 268,492 shares during the period. Thompson Siegel & Walmsley LLC owned about 1.41% of Equity Commonwealth worth $30,025,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of EQC. Landscape Capital Management L.L.C. purchased a new position in shares of Equity Commonwealth during the third quarter valued at approximately $230,000. Intech Investment Management LLC acquired a new position in Equity Commonwealth in the 3rd quarter valued at $556,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Equity Commonwealth in the 3rd quarter valued at $626,000. Quest Partners LLC lifted its stake in shares of Equity Commonwealth by 134.4% during the 3rd quarter. Quest Partners LLC now owns 70,136 shares of the real estate investment trust's stock worth $1,396,000 after purchasing an additional 40,216 shares during the period. Finally, Empowered Funds LLC boosted its holdings in shares of Equity Commonwealth by 3.0% during the third quarter. Empowered Funds LLC now owns 144,726 shares of the real estate investment trust's stock worth $2,880,000 after purchasing an additional 4,185 shares during the last quarter. 96.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Equity Commonwealth from a "hold" rating to a "sell" rating in a research note on Friday, October 25th.

Equity Commonwealth Stock Down 0.1 %

Shares of EQC traded down $0.02 during mid-day trading on Thursday, hitting $20.10. The company had a trading volume of 1,182,897 shares, compared to its average volume of 1,153,228. Equity Commonwealth has a 1-year low of $17.93 and a 1-year high of $21.00. The business's 50-day simple moving average is $19.92 and its 200-day simple moving average is $19.73. The stock has a market cap of $2.16 billion, a PE ratio of 51.59 and a beta of 0.27.

About Equity Commonwealth

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.