Keating Investment Counselors Inc. reduced its equity stake in Equity Commonwealth (NYSE: EQC – Get Rating) by 18.2% in the third quarter, according to its latest 13F filing with the Securities and Exchange Commission (SEC). rice field. The company owned 75,755 shares of real estate investment trust shares after selling 16,845 shares during the quarter. Keating Investment Counselors Inc. owned his 0.07% of the Equity Commonwealth worth $1,845,000 at the end of the most recent reporting period.
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Other hedge funds and other institutional investors have also changed their holdings in the company. Ellevest Inc. purchased new shares in his Equity Commonwealth worth approximately $34,000 in the third quarter. SeaCrest Wealth Management LLC purchased her $44,000 worth of new positions in his Equity Commonwealth in the second quarter. Parallel Advisors LLC increased his position in the Equity Commonwealth by 18.8% in the second quarter. He now owns 3,546 shares of the real estate investment trust worth $98,000 after Parallel Advisors LLC purchased an additional 560 shares of him last quarter. Captrust Financial Advisors purchased a new position in his Equity Commonwealth worth $119,000 in the second quarter. Finally, Point72 Hong Kong Ltd increased its position in the Equity Commonwealth by 104.9% in the second quarter. Point72 Hong Kong Ltd now owns 4,339 shares of the real estate investment trust worth $119,000 after purchasing an additional 2,221 of his shares during the previous quarter. Institutional investors own 93.39% of the company’s shares.
Analyst upgrades and downgrades
Separately, StockNews.com downgraded the Equity Commonwealth from ‘hold’ to ‘sell’ in a research report on Tuesday, November 22nd.
Equity Commonwealth Stocks up 0.2 %
EQC rose $0.04 in Friday trading to reach $25.17. The company’s stock had a trading volume of 9,411 shares compared to his average trading volume of 1,102,444 shares. The company has a 50-day moving average price of $25.72 and a 200-day moving average price of $26.14. The stock has a market capitalization of $2.75 billion, a price/earnings ratio of 418.83 and a beta of 0.29. The Equity Commonwealth has a 12-month low of $23.88 and a 12-month high of $28.84.
Equity Commonwealth Company Overview
Equity Commonwealth (NYSE: EQC) is an internally managed self-advised real estate investment trust (REIT) based in Chicago with commercial office properties in the United States. EQC’s same property portfolio consists of four properties and 1.5 million square feet.
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