Equity Commonwealth (NYSE:EQC) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its holdings in Equity Commonwealth (NYSE:EQC) by 0.8% during the third quarter, Holdings Channel.com reports. The firm owned 2,694,261 shares of the real estate investment trust’s stock after purchasing an additional 21,146 shares during the period. Geode Capital Management LLC’s holdings in Equity Commonwealth were worth $53,625,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Anson Funds Management LP increased its position in shares of Equity Commonwealth by 317.9% during the 3rd quarter. Anson Funds Management LP now owns 208,939 shares of the real estate investment trust’s stock worth $4,158,000 after purchasing an additional 158,939 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Equity Commonwealth by 117.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 384,954 shares of the real estate investment trust’s stock worth $7,661,000 after buying an additional 208,208 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Equity Commonwealth during the third quarter valued at about $626,000. BNP Paribas Financial Markets increased its position in shares of Equity Commonwealth by 143.1% during the third quarter. BNP Paribas Financial Markets now owns 172,970 shares of the real estate investment trust’s stock valued at $3,442,000 after acquiring an additional 101,829 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Equity Commonwealth by 250.5% in the 3rd quarter. Barclays PLC now owns 415,187 shares of the real estate investment trust’s stock valued at $8,263,000 after acquiring an additional 296,742 shares during the period. Institutional investors and hedge funds own 96.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Equity Commonwealth from a “hold” rating to a “sell” rating in a research report on Friday, October 25th.

Equity Commonwealth Price Performance

NYSE EQC opened at $1.77 on Monday. The company has a market cap of $189.98 million, a P/E ratio of 4.54 and a beta of 0.27. The stock has a 50-day moving average of $16.34 and a two-hundred day moving average of $18.58. Equity Commonwealth has a 1-year low of $1.40 and a 1-year high of $21.00.

Equity Commonwealth 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.