Y Intercept Hong Kong Ltd Purchases 560,678 Shares of Equity Commonwealth (NYSE:EQC)

Y Intercept Hong Kong Ltd increased its position in Equity Commonwealth (NYSE:EQC) by 3,136.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 578,552 shares of the real estate investment trust’s stock after buying an additional 560,678 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Equity Commonwealth were worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Creative Planning lifted its position in Equity Commonwealth by 2.9% in the third quarter. Creative Planning now owns 19,400 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 551 shares during the last quarter. Van ECK Associates Corp lifted its position in 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 purchasing an additional 632 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in Equity Commonwealth by 0.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 133,100 shares of the real estate investment trust’s stock valued at $2,649,000 after purchasing an additional 1,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Equity Commonwealth by 35.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust’s stock valued at $83,000 after purchasing an additional 1,084 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in Equity Commonwealth by 0.5% in the third quarter. Public Employees Retirement System of Ohio now owns 249,768 shares of the real estate investment trust’s stock valued at $4,970,000 after purchasing an additional 1,263 shares during the last quarter. Institutional investors own 96.00% of the company’s stock.

Equity Commonwealth Stock Performance

Shares of EQC stock opened at $1.61 on Friday. Equity Commonwealth has a fifty-two week low of $1.40 and a fifty-two week high of $21.00. The stock has a 50 day moving average price of $1.74 and a two-hundred day moving average price of $12.54. The company has a market capitalization of $172.27 million, a P/E ratio of 4.12 and a beta of 0.48.

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.