Yakira Capital Management Inc. Raises Stake in Equity Commonwealth (NYSE:EQC)

Yakira Capital Management Inc. boosted its holdings in Equity Commonwealth (NYSE:EQC - Free Report) by 1,577.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 858,859 shares of the real estate investment trust's stock after purchasing an additional 807,659 shares during the period. Yakira Capital Management Inc. owned about 0.80% of Equity Commonwealth worth $1,520,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of EQC. Alberta Investment Management Corp raised its stake in shares of Equity Commonwealth by 462.3% during the 4th quarter. Alberta Investment Management Corp now owns 8,665,543 shares of the real estate investment trust's stock worth $15,338,000 after purchasing an additional 7,124,543 shares during the period. Y Intercept Hong Kong Ltd increased its holdings in Equity Commonwealth by 3,136.8% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 578,552 shares of the real estate investment trust's stock worth $1,024,000 after buying an additional 560,678 shares during the last quarter. DLD Asset Management LP bought a new stake in Equity Commonwealth in the fourth quarter worth about $731,000. Ieq Capital LLC purchased a new position in Equity Commonwealth in the fourth quarter valued at about $616,000. Finally, Barclays PLC grew its position in shares of Equity Commonwealth by 250.5% during the 3rd quarter. Barclays PLC now owns 415,187 shares of the real estate investment trust's stock valued at $8,263,000 after acquiring an additional 296,742 shares during the period. Institutional investors own 96.00% of the company's stock.

Equity Commonwealth Trading Down 0.3 %

Shares of EQC stock traded down $0.01 during trading hours on Friday, hitting $1.60. 109,030 shares of the company were exchanged, compared to its average volume of 1,560,202. The stock has a market capitalization of $171.34 million, a price-to-earnings ratio of 4.09 and a beta of 0.57. The firm has a fifty day simple moving average of $1.64 and a 200 day simple moving average of $8.41. Equity Commonwealth has a 52-week low of $1.40 and a 52-week high of $21.00.

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.