Tabor Asset Management LP acquired a new stake in shares of Equity Commonwealth (NYSE:EQC - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,017,195 shares of the real estate investment trust's stock, valued at approximately $1,638,000. Tabor Asset Management LP owned about 0.95% of Equity Commonwealth at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in EQC. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Equity Commonwealth during the first quarter valued at $26,000. Coldstream Capital Management Inc. purchased a new position in Equity Commonwealth in the fourth quarter valued at $31,000. Raymond James Financial Inc. purchased a new position in Equity Commonwealth in the fourth quarter valued at $58,000. Two Sigma Securities LLC purchased a new position in Equity Commonwealth in the fourth quarter valued at $59,000. Finally, Resona Asset Management Co. Ltd. purchased a new stake in shares of Equity Commonwealth during the fourth quarter worth about $75,000. 96.00% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen assumed coverage on shares of Equity Commonwealth in a report on Saturday, May 17th. They issued a "sell" rating on the stock.
View Our Latest Analysis on Equity Commonwealth
Equity Commonwealth Price Performance
EQC remained flat at $1.58 during trading hours on Friday. Equity Commonwealth has a 52 week low of $1.40 and a 52 week high of $21.00. The company has a 50 day moving average price of $1.58 and a two-hundred day moving average price of $1.63. The company has a market capitalization of $169.73 million, a PE ratio of 4.05 and a beta of 0.57.
Equity Commonwealth 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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Want to see what other hedge funds are holding EQC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equity Commonwealth (NYSE:EQC - Free Report).
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