Tiptree Advisors LLC purchased a new stake in Equity Commonwealth (NYSE:EQC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 175,000 shares of the real estate investment trust's stock, valued at approximately $310,000. Equity Commonwealth accounts for about 0.3% of Tiptree Advisors LLC's holdings, making the stock its 18th biggest position. Tiptree Advisors LLC owned 0.16% of Equity Commonwealth as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Coldstream Capital Management Inc. bought a new stake in Equity Commonwealth in the 4th quarter valued at $31,000. First Affirmative Financial Network increased its holdings in Equity Commonwealth by 117.0% in the 4th quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust's stock valued at $44,000 after buying an additional 13,389 shares during the period. DGS Capital Management LLC bought a new stake in Equity Commonwealth in the 4th quarter valued at $53,000. Raymond James Financial Inc. bought a new stake in Equity Commonwealth in the 4th quarter valued at $58,000. Finally, Two Sigma Securities LLC bought a new stake in Equity Commonwealth in the 4th quarter valued at $59,000. Institutional investors own 96.00% of the company's stock.
Equity Commonwealth Price Performance
Shares of NYSE:EQC remained flat at $1.58 on Wednesday. Equity Commonwealth has a 1-year low of $1.40 and a 1-year high of $21.00. The stock's 50-day simple moving average is $1.59 and its 200-day simple moving average is $4.21. The stock has a market cap of $169.73 million, a P/E ratio of 4.05 and a beta of 0.57.
Wall Street Analyst Weigh In
Separately, Wall Street Zen began coverage on shares of Equity Commonwealth in a report on Saturday, May 17th. They issued a "sell" rating on the stock.
View Our Latest Report on EQC
About Equity Commonwealth
(
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.
Further Reading
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