Duality Advisers LP acquired a new stake in Equity Commonwealth (NYSE:EQC - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 72,606 shares of the real estate investment trust's stock, valued at approximately $1,394,000. Duality Advisers LP owned 0.07% of Equity Commonwealth as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in the stock. Nuance Investments LLC grew its position in Equity Commonwealth by 50.8% in the third quarter. Nuance Investments LLC now owns 4,999,446 shares of the real estate investment trust's stock worth $91,840,000 after acquiring an additional 1,683,316 shares in the last quarter. DigitalBridge Group Inc. bought a new stake in shares of Equity Commonwealth during the 3rd quarter worth $12,689,000. Brown Advisory Inc. boosted its holdings in shares of Equity Commonwealth by 41.5% during 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 buying an additional 537,419 shares during the period. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Equity Commonwealth by 29.9% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,562,960 shares of the real estate investment trust's stock worth $28,711,000 after buying an additional 359,975 shares during the period. Finally, Stansberry Asset Management LLC bought a new stake in shares of Equity Commonwealth during the 3rd quarter worth $5,608,000. Institutional investors and hedge funds own 96.00% of the company's stock.
Insider Buying and Selling
In other news, CAO Andrew Levy sold 2,409 shares of the stock in a transaction 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 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 filing with the SEC, which is available at this link. 2.80% of the stock is owned by insiders.
Equity Commonwealth Price Performance
Shares of NYSE EQC traded up $0.05 during trading hours on Wednesday, hitting $18.65. 1,160,971 shares of the stock were exchanged, compared to its average volume of 909,987. The company's 50 day moving average is $18.71 and its 200 day moving average is $18.93. The firm has a market capitalization of $2.00 billion, a P/E ratio of 24.54 and a beta of 0.24. Equity Commonwealth has a one year low of $17.93 and a one year high of $21.49.
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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