Western Standard LLC lifted its stake in Equity Commonwealth (NYSE:EQC - Free Report) by 132.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,652,275 shares of the real estate investment trust's stock after purchasing an additional 942,693 shares during the period. Equity Commonwealth accounts for approximately 1.9% of Western Standard LLC's holdings, making the stock its 18th largest holding. Western Standard LLC owned about 1.54% of Equity Commonwealth worth $2,925,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in EQC. Coldstream Capital Management Inc. acquired a new position in shares of Equity Commonwealth during the 4th quarter worth about $31,000. First Affirmative Financial Network boosted its stake in Equity Commonwealth by 117.0% during the 4th quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust's stock worth $44,000 after acquiring an additional 13,389 shares during the last quarter. DGS Capital Management LLC bought a new stake in Equity Commonwealth in the fourth quarter valued at approximately $53,000. Raymond James Financial Inc. bought a new stake in Equity Commonwealth in the fourth quarter valued at approximately $58,000. Finally, Two Sigma Securities LLC acquired a new stake in Equity Commonwealth in the fourth quarter worth $59,000. Institutional investors own 96.00% of the company's stock.
Equity Commonwealth Stock Performance
NYSE:EQC opened at $1.58 on Tuesday. Equity Commonwealth has a 1 year low of $1.40 and a 1 year high of $21.00. The stock has a market cap of $169.73 million, a price-to-earnings ratio of 4.05 and a beta of 0.57. The stock has a 50-day moving average price of $1.59 and a two-hundred day moving average price of $4.89.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on shares of Equity Commonwealth in a report on Saturday. They issued a "sell" rating for the company.
Get Our Latest Research Report on Equity Commonwealth
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.
Further Reading
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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