1,017,195 Shares in Equity Commonwealth (NYSE:EQC) Purchased by Tabor Asset Management LP

Tabor Asset Management LP bought a new stake in Equity Commonwealth (NYSE:EQC - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,017,195 shares of the real estate investment trust's stock, valued at approximately $1,638,000. Tabor Asset Management LP owned approximately 0.95% of Equity Commonwealth as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of EQC. 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 valued at $754,000 after acquiring an additional 16,359 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in Equity Commonwealth in the 1st quarter worth $26,000. Coldstream Capital Management Inc. acquired a new position in shares of Equity Commonwealth in the 4th quarter worth approximately $31,000. Nissay Asset Management Corp Japan ADV lifted its holdings in Equity Commonwealth by 165.3% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 47,098 shares of the real estate investment trust's stock valued at $82,000 after purchasing an additional 29,344 shares during the last quarter. Finally, First Affirmative Financial Network lifted its holdings 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 during the last quarter. Institutional investors and hedge funds own 96.00% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen assumed coverage on shares of Equity Commonwealth in a research note on Saturday, May 17th. They set a "sell" rating for the company.

Equity Commonwealth Price Performance

Shares of Equity Commonwealth stock remained flat at $1.58 on Monday. The stock has a market capitalization of $169.73 million, a price-to-earnings ratio of 4.05 and a beta of 0.57. Equity Commonwealth has a 52 week low of $1.40 and a 52 week high of $21.00. The stock's 50-day simple moving average is $1.58 and its 200 day simple moving average is $1.63.

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.