Lee Danner & Bass Inc. Has $6.64 Million Stock Position in Equity Commonwealth (NYSE:EQC)

Lee Danner & Bass Inc. boosted its holdings in shares of Equity Commonwealth (NYSE:EQC - Free Report) by 71.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 346,000 shares of the real estate investment trust's stock after purchasing an additional 143,800 shares during the quarter. Lee Danner & Bass Inc. owned approximately 0.32% of Equity Commonwealth worth $6,643,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Nuance Investments LLC increased 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 purchasing an additional 1,683,316 shares during the last quarter. Burgundy Asset Management Ltd. increased its holdings in Equity Commonwealth by 1.2% during the 3rd quarter. Burgundy Asset Management Ltd. now owns 2,767,178 shares of the real estate investment trust's stock worth $50,833,000 after purchasing an additional 33,898 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Equity Commonwealth by 5.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,005,145 shares of the real estate investment trust's stock worth $36,835,000 after purchasing an additional 96,763 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its position in shares of Equity Commonwealth by 15.8% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,908,447 shares of the real estate investment trust's stock worth $35,058,000 after acquiring an additional 259,873 shares in the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Equity Commonwealth by 41.5% in the 3rd quarter. Brown Advisory Inc. now owns 1,832,548 shares of the real estate investment trust's stock worth $33,664,000 after acquiring an additional 537,419 shares in the last quarter. 96.00% of the stock is currently owned by hedge funds and other institutional investors.

Equity Commonwealth Stock Down 0.4 %

Shares of EQC traded down $0.07 during mid-day trading on Monday, hitting $18.61. The stock had a trading volume of 914,197 shares, compared to its average volume of 907,600. The company has a market cap of $1.99 billion, a PE ratio of 24.49 and a beta of 0.24. The company's fifty day simple moving average is $18.72 and its two-hundred day simple moving average is $18.94. Equity Commonwealth has a fifty-two week low of $17.93 and a fifty-two week high of $21.49.

Insider Transactions at Equity Commonwealth

In other news, CAO Andrew Levy sold 2,409 shares of Equity Commonwealth stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $18.71, for a total value of $45,072.39. Following the completion of the transaction, the chief accounting officer now owns 2,305 shares in the company, valued at approximately $43,126.55. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.80% of the company's 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.