Alberta Investment Management Corp lifted its holdings in Equity Commonwealth (NYSE:EQC - Free Report) by 9.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 9,475,676 shares of the real estate investment trust's stock after purchasing an additional 810,133 shares during the period. Alberta Investment Management Corp owned about 8.82% of Equity Commonwealth worth $15,256,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the company. Tabor Asset Management LP acquired a new position in Equity Commonwealth during the 1st quarter valued at approximately $1,638,000. Wealth Enhancement Advisory Services LLC acquired a new position in Equity Commonwealth during the 1st quarter valued at approximately $26,000. First Affirmative Financial Network increased its stake in Equity Commonwealth by 129.9% during the 1st quarter. First Affirmative Financial Network now owns 57,085 shares of the real estate investment trust's stock valued at $92,000 after purchasing an additional 32,254 shares in the last quarter. Tiptree Advisors LLC acquired a new position in Equity Commonwealth during the 4th quarter valued at approximately $310,000. Finally, Toronto Dominion Bank acquired a new position in Equity Commonwealth during the 4th quarter valued at approximately $177,000. Institutional investors own 96.00% of the company's stock.
Analysts Set New Price Targets
Separately, Wall Street Zen initiated coverage on shares of Equity Commonwealth in a research note on Saturday, May 17th. They set a "sell" rating on the stock.
Read Our Latest Research Report on EQC
Equity Commonwealth Price Performance
Shares of NYSE:EQC remained flat at $1.58 during midday trading on Friday. The company has a market capitalization of $169.73 million, a PE ratio of 4.05 and a beta of 0.57. Equity Commonwealth has a fifty-two week low of $1.40 and a fifty-two week high of $20.60. The stock's 50-day simple moving average is $1.58 and its two-hundred day simple moving average is $1.62.
Equity Commonwealth Company Profile
(
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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