Cramer Rosenthal Mcglynn LLC lowered its stake in Equity Commonwealth (NYSE:EQC) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,294,857 shares of the real estate investment trust’s stock after selling 68,335 shares during the period. Equity Commonwealth accounts for approximately 1.2% of Cramer Rosenthal Mcglynn LLC’s holdings, making the stock its 28th biggest holding. Cramer Rosenthal Mcglynn LLC’s holdings in Equity Commonwealth were worth $42,109,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in EQC. Berman Capital Advisors LLC boosted its holdings in Equity Commonwealth by 92.0% in the first quarter. Berman Capital Advisors LLC now owns 862 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 413 shares in the last quarter. Advisory Services Network LLC boosted its holdings in Equity Commonwealth by 408.3% in the second quarter. Advisory Services Network LLC now owns 2,033 shares of the real estate investment trust’s stock valued at $66,000 after acquiring an additional 1,633 shares in the last quarter. Signaturefd LLC boosted its holdings in Equity Commonwealth by 232.2% in the second quarter. Signaturefd LLC now owns 2,146 shares of the real estate investment trust’s stock valued at $70,000 after acquiring an additional 1,500 shares in the last quarter. Oakworth Capital Inc. bought a new stake in Equity Commonwealth in the second quarter valued at $102,000. Finally, Altshuler Shaham Ltd boosted its holdings in Equity Commonwealth by 80.5% in the second quarter. Altshuler Shaham Ltd now owns 3,220 shares of the real estate investment trust’s stock valued at $105,000 after acquiring an additional 1,436 shares in the last quarter. Institutional investors and hedge funds own 96.72% of the company’s stock.

EQC has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Equity Commonwealth from a “hold” rating to a “strong-buy” rating and set a $37.00 price target on the stock in a report on Tuesday, July 23rd. JMP Securities cut shares of Equity Commonwealth from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 14th.

Shares of EQC stock traded up $0.07 during mid-day trading on Friday, reaching $33.89. 1,486 shares of the company’s stock traded hands, compared to its average volume of 426,210. Equity Commonwealth has a 12 month low of $28.48 and a 12 month high of $34.53. The company has a market cap of $4.13 billion, a P/E ratio of 49.13 and a beta of 0.25. The company has a quick ratio of 86.78, a current ratio of 86.78 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average price is $33.77 and its 200-day moving average price is $32.93.

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. As of December 31, 2018, EQC's portfolio comprised 10 properties and 5.1 million square feet.

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

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