Barclays PLC Purchases 3,832,214 Shares of Equity Commonwealth (NYSE:EQC)

Barclays PLC raised its position in Equity Commonwealth (NYSE:EQC - Free Report) by 923.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,247,401 shares of the real estate investment trust's stock after purchasing an additional 3,832,214 shares during the quarter. Barclays PLC owned approximately 3.96% of Equity Commonwealth worth $7,518,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bragg Financial Advisors Inc lifted its position in shares of Equity Commonwealth by 4.0% in the 4th quarter. Bragg Financial Advisors Inc now owns 425,853 shares of the real estate investment trust's stock worth $754,000 after acquiring an additional 16,359 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Equity Commonwealth in the 4th quarter worth about $58,000. Renaissance Technologies LLC increased its holdings in shares of Equity Commonwealth by 27.5% during the fourth quarter. Renaissance Technologies LLC now owns 1,400,871 shares of the real estate investment trust's stock worth $2,480,000 after buying an additional 301,786 shares in the last quarter. Bank of Montreal Can increased its holdings in Equity Commonwealth by 490.0% during the 4th quarter. Bank of Montreal Can now owns 1,970,198 shares of the real estate investment trust's stock valued at $3,487,000 after purchasing an additional 1,636,252 shares in the last quarter. Finally, Yakira Capital Management Inc. raised its holdings in shares of Equity Commonwealth by 1,577.5% in the fourth quarter. Yakira Capital Management Inc. now owns 858,859 shares of the real estate investment trust's stock valued at $1,520,000 after buying an additional 807,659 shares during the last quarter. 96.00% of the stock is owned by hedge funds and other institutional investors.

Equity Commonwealth Price Performance

EQC remained flat at $1.58 during mid-day trading on Tuesday. The business's fifty day moving average is $1.61 and its 200-day moving average is $6.80. The firm has a market cap of $169.73 million, a PE ratio of 4.05 and a beta of 0.57. Equity Commonwealth has a twelve month low of $1.40 and a twelve month high of $21.00.

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.