St. James Investment Company LLC Sells 57,925 Shares of Equity Commonwealth (NYSE:EQC)

St. James Investment Company LLC cut its holdings in Equity Commonwealth (NYSE:EQCFree Report) by 4.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,283,844 shares of the real estate investment trust’s stock after selling 57,925 shares during the quarter. Equity Commonwealth accounts for approximately 3.6% of St. James Investment Company LLC’s investment portfolio, making the stock its 13th largest position. St. James Investment Company LLC owned 1.20% of Equity Commonwealth worth $23,584,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Rockefeller Capital Management L.P. boosted its stake in Equity Commonwealth by 36.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,404 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 643 shares during the period. Advisory Services Network LLC boosted its stake in Equity Commonwealth by 30.3% during the first quarter. Advisory Services Network LLC now owns 2,483 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 577 shares during the period. Signaturefd LLC boosted its stake in Equity Commonwealth by 89.6% during the third quarter. Signaturefd LLC now owns 2,688 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,270 shares during the period. Castleview Partners LLC boosted its stake in Equity Commonwealth by 18.2% during the first quarter. Castleview Partners LLC now owns 3,392 shares of the real estate investment trust’s stock worth $70,000 after buying an additional 522 shares during the period. Finally, Captrust Financial Advisors purchased a new position in Equity Commonwealth during the second quarter worth $119,000. 95.20% of the stock is owned by hedge funds and other institutional investors.

Equity Commonwealth Stock Performance

NYSE EQC traded down $0.19 on Monday, hitting $18.74. 129,116 shares of the stock were exchanged, compared to its average volume of 704,161. The stock has a fifty day moving average price of $19.25 and a two-hundred day moving average price of $19.08. The firm has a market capitalization of $2.00 billion, a P/E ratio of 27.04, a P/E/G ratio of 1.78 and a beta of 0.25. Equity Commonwealth has a 52-week low of $18.09 and a 52-week high of $26.42.

About Equity Commonwealth

(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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Institutional Ownership by Quarter for Equity Commonwealth (NYSE:EQC)

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