Asset Management One Co. Ltd. lifted its stake in Equity Commonwealth (NYSE:EQC - Free Report) by 19.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 361,967 shares of the real estate investment trust's stock after acquiring an additional 58,000 shares during the quarter. Asset Management One Co. Ltd. owned 0.34% of Equity Commonwealth worth $6,993,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Nuance Investments LLC lifted its holdings in Equity Commonwealth by 50.8% during the 3rd quarter. Nuance Investments LLC now owns 4,999,446 shares of the real estate investment trust's stock worth $91,840,000 after buying an additional 1,683,316 shares in the last quarter. Norges Bank acquired a new stake in Equity Commonwealth during the 4th quarter worth approximately $26,738,000. Ariel Investments LLC lifted its holdings in Equity Commonwealth by 43.6% during the 1st quarter. Ariel Investments LLC now owns 2,905,341 shares of the real estate investment trust's stock worth $81,960,000 after buying an additional 881,703 shares in the last quarter. DigitalBridge Group Inc. acquired a new stake in Equity Commonwealth during the 3rd quarter worth approximately $12,689,000. Finally, Two Sigma Investments LP purchased a new stake in shares of Equity Commonwealth in the 4th quarter valued at approximately $17,047,000. 96.00% of the stock is currently owned by institutional investors and hedge funds.
Equity Commonwealth Stock Performance
Shares of NYSE:EQC traded down $0.31 during trading hours on Wednesday, reaching $18.67. The stock had a trading volume of 950,580 shares, compared to its average volume of 915,703. Equity Commonwealth has a 1 year low of $17.93 and a 1 year high of $21.49. The firm's 50 day moving average is $18.77 and its 200-day moving average is $18.92. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 24.57, a P/E/G ratio of 1.77 and a beta of 0.24.
Insider Buying and Selling at Equity Commonwealth
In other Equity Commonwealth news, CAO Andrew Levy sold 2,409 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $18.71, for a total value of $45,072.39. Following the sale, the chief accounting officer now directly owns 2,305 shares of the company's stock, valued at approximately $43,126.55. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.80% of the company's stock.
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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