St. James Investment Company LLC cut its position in Equity Commonwealth (NYSE:EQC - Free Report) by 12.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,124,098 shares of the real estate investment trust's stock after selling 159,746 shares during the quarter. Equity Commonwealth comprises about 3.5% of St. James Investment Company LLC's holdings, making the stock its 14th largest position. St. James Investment Company LLC owned about 1.05% of Equity Commonwealth worth $21,583,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. raised its stake in shares of Equity Commonwealth by 3.4% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 1,616,720 shares of the real estate investment trust's stock valued at $31,041,000 after buying an additional 53,760 shares during the period. Mariner LLC raised its stake in shares of Equity Commonwealth by 91.3% during the 3rd quarter. Mariner LLC now owns 86,905 shares of the real estate investment trust's stock valued at $1,596,000 after purchasing an additional 41,483 shares during the period. Brandes Investment Partners LP raised its stake in shares of Equity Commonwealth by 78.3% during the 3rd quarter. Brandes Investment Partners LP now owns 569,694 shares of the real estate investment trust's stock valued at $10,465,000 after purchasing an additional 250,266 shares during the period. DigitalBridge Group Inc. bought a new stake in shares of Equity Commonwealth during the 3rd quarter valued at $12,689,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of Equity Commonwealth during the 3rd quarter valued at $1,217,000. 96.00% of the stock is currently owned by institutional investors.
Insider Activity at Equity Commonwealth
In related news, CAO Andrew Levy sold 2,409 shares of the business's stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $18.71, for a total transaction of $45,072.39. Following the sale, the chief accounting officer now directly owns 2,305 shares in the company, valued at approximately $43,126.55. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.80% of the stock is currently owned by corporate insiders.
Equity Commonwealth Stock Down 0.4 %
Shares of NYSE:EQC traded down $0.08 during midday trading on Tuesday, reaching $18.53. 1,005,050 shares of the company traded hands, compared to its average volume of 913,384. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.49. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 24.38 and a beta of 0.24. The firm's fifty day moving average price is $18.74 and its two-hundred day moving average price is $18.93.
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.
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