Nomura Holdings Inc. Purchases New Position in Equity Commonwealth (NYSE:EQC)

Nomura Holdings Inc. purchased a new position in shares of Equity Commonwealth (NYSE:EQC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,833,305 shares of the real estate investment trust's stock, valued at approximately $3,245,000. Nomura Holdings Inc. owned about 1.71% of Equity Commonwealth as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. First Affirmative Financial Network lifted its holdings in shares of Equity Commonwealth by 117.0% in the fourth quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 13,389 shares in the last quarter. Bragg Financial Advisors Inc grew its position in Equity Commonwealth by 4.0% during the fourth quarter. Bragg Financial Advisors Inc now owns 425,853 shares of the real estate investment trust's stock worth $754,000 after buying an additional 16,359 shares in the last quarter. Coldstream Capital Management Inc. bought a new stake in Equity Commonwealth during the fourth quarter worth about $31,000. DGS Capital Management LLC bought a new stake in shares of Equity Commonwealth in the 4th quarter valued at about $53,000. Finally, Raymond James Financial Inc. bought a new position in Equity Commonwealth during the 4th quarter valued at approximately $58,000. Institutional investors own 96.00% of the company's stock.

Equity Commonwealth Price Performance

Shares of Equity Commonwealth stock remained flat at $1.58 during trading hours on Monday. The business's 50-day moving average price is $1.59 and its two-hundred day moving average price is $5.02. Equity Commonwealth has a 52-week low of $1.40 and a 52-week high of $21.00. The firm has a market capitalization of $169.73 million, a PE ratio of 4.05 and a beta of 0.57.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Equity Commonwealth in a research note on Saturday. They set a "sell" rating on the stock.

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.