Robeco Institutional Asset Management B.V. increased its position in shares of Equity Commonwealth (NYSE:EQC – Free Report) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,622,655 shares of the real estate investment trust’s stock after buying an additional 18,393 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Equity Commonwealth were worth $32,291,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EQC. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Equity Commonwealth in the second quarter worth about $27,000. Van ECK Associates Corp grew its stake in shares of Equity Commonwealth by 25.6% in the 3rd quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 632 shares during the period. CWM LLC raised its holdings in shares of Equity Commonwealth by 29.3% in the 3rd quarter. CWM LLC now owns 3,097 shares of the real estate investment trust’s stock worth $62,000 after buying an additional 701 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Equity Commonwealth by 35.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust’s stock worth $83,000 after buying an additional 1,084 shares during the period. Finally, Blue Trust Inc. boosted its stake in 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 buying an additional 3,738 shares in the last quarter. 96.00% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Equity Commonwealth from a “hold” rating to a “sell” rating in a research report on Friday, October 25th.
Equity Commonwealth Stock Performance
Shares of NYSE:EQC opened at $19.96 on Wednesday. The business has a fifty day moving average of $19.97 and a 200-day moving average of $19.63. The firm has a market cap of $2.14 billion, a PE ratio of 51.18 and a beta of 0.27. Equity Commonwealth has a twelve month low of $17.93 and a twelve month high of $21.00.
About Equity Commonwealth
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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