Equity Commonwealth (NYSE:EQC) Shares Acquired by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in Equity Commonwealth (NYSE:EQC) by 3.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 144,726 shares of the real estate investment trust’s stock after purchasing an additional 4,185 shares during the quarter. Empowered Funds LLC owned about 0.13% of Equity Commonwealth worth $2,880,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Equity Commonwealth in the 2nd quarter valued at about $27,000. CWM LLC lifted its stake in Equity Commonwealth by 29.3% in the third quarter. CWM LLC now owns 3,097 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 701 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of Equity Commonwealth by 25.6% in the third quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 632 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Equity Commonwealth by 35.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust’s stock worth $83,000 after acquiring an additional 1,084 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Equity Commonwealth by 459.8% in the 3rd quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust’s stock valued at $88,000 after acquiring an additional 3,738 shares during the period. 96.00% of the stock is currently owned by hedge funds and other institutional investors.

Equity Commonwealth Trading Down 0.2 %

Equity Commonwealth stock opened at $20.10 on Wednesday. The stock has a 50 day moving average of $19.92 and a two-hundred day moving average of $19.73. Equity Commonwealth has a twelve month low of $17.93 and a twelve month high of $21.00. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 51.54 and a beta of 0.27.

Analyst Ratings Changes

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

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.