Victory Capital Management Inc. lowered its position in Equity Commonwealth (NYSE:EQC - Free Report) by 86.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,216 shares of the real estate investment trust's stock after selling 789,686 shares during the quarter. Victory Capital Management Inc. owned 0.12% of Equity Commonwealth worth $2,472,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EQC. GSA Capital Partners LLP purchased a new position in Equity Commonwealth in the third quarter valued at about $2,420,000. Entropy Technologies LP raised its position in shares of Equity Commonwealth by 11.9% in the 3rd quarter. Entropy Technologies LP now owns 31,904 shares of the real estate investment trust's stock valued at $635,000 after purchasing an additional 3,402 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Equity Commonwealth during the 3rd quarter valued at approximately $529,000. Robeco Institutional Asset Management B.V. increased its stake in shares of Equity Commonwealth by 1.1% in 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 during the last quarter. Finally, Van ECK Associates Corp raised its holdings in Equity Commonwealth by 25.6% in the third quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust's stock valued at $61,000 after acquiring an additional 632 shares in the last quarter. 96.00% of the stock is owned by hedge funds and other institutional investors.
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.
Read Our Latest Research Report on Equity Commonwealth
Equity Commonwealth Trading Up 0.1 %
Equity Commonwealth stock traded up $0.03 during midday trading on Friday, hitting $20.11. The stock had a trading volume of 2,927,521 shares, compared to its average volume of 3,372,205. The business has a fifty day moving average price of $19.91 and a 200 day moving average price of $19.76. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.00. The stock has a market cap of $2.16 billion, a P/E ratio of 51.56 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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