Russell Investments Group Ltd. decreased its position in Equity Commonwealth (NYSE:EQC - Free Report) by 84.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 163,381 shares of the real estate investment trust's stock after selling 918,871 shares during the quarter. Russell Investments Group Ltd. owned 0.15% of Equity Commonwealth worth $289,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in the company. Alberta Investment Management Corp boosted its holdings in Equity Commonwealth by 462.3% in the fourth quarter. Alberta Investment Management Corp now owns 8,665,543 shares of the real estate investment trust's stock valued at $15,338,000 after purchasing an additional 7,124,543 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in shares of Equity Commonwealth by 3,136.8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 578,552 shares of the real estate investment trust's stock valued at $1,024,000 after buying an additional 560,678 shares in the last quarter. DLD Asset Management LP purchased a new position in shares of Equity Commonwealth in the 4th quarter valued at $731,000. Ieq Capital LLC purchased a new position in shares of Equity Commonwealth in the 4th quarter valued at $616,000. Finally, Barclays PLC raised its stake in Equity Commonwealth by 250.5% during the 3rd quarter. Barclays PLC now owns 415,187 shares of the real estate investment trust's stock worth $8,263,000 after acquiring an additional 296,742 shares in the last quarter. Hedge funds and other institutional investors own 96.00% of the company's stock.
Equity Commonwealth Price Performance
Shares of Equity Commonwealth stock remained flat at $1.58 on Wednesday. The business has a 50-day moving average price of $1.61 and a 200-day moving average price of $6.73. The company has a market cap of $169.73 million, a PE ratio of 4.05 and a beta of 0.57. Equity Commonwealth has a 52-week low of $1.40 and a 52-week high of $21.00.
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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