Sanctuary Advisors LLC Acquires Shares of 16,034 Equity Commonwealth (NYSE:EQC)

Sanctuary Advisors LLC purchased a new stake in shares of Equity Commonwealth (NYSE:EQC) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 16,034 shares of the real estate investment trust’s stock, valued at approximately $298,000.

A number of other institutional investors have also recently made changes to their positions in EQC. Brandes Investment Partners LP boosted its holdings in shares of Equity Commonwealth by 9.2% in the second quarter. Brandes Investment Partners LP now owns 670,692 shares of the real estate investment trust’s stock worth $13,004,000 after buying an additional 56,490 shares during the last quarter. Quarry LP raised its position in shares of Equity Commonwealth by 629.6% during the second quarter. Quarry LP now owns 5,932 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 5,119 shares during the last quarter. Creative Planning raised its position in shares of Equity Commonwealth by 12.7% during the second quarter. Creative Planning now owns 18,849 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 2,130 shares during the last quarter. Algert Global LLC raised its position in shares of Equity Commonwealth by 18.6% during the second quarter. Algert Global LLC now owns 68,724 shares of the real estate investment trust’s stock valued at $1,333,000 after buying an additional 10,774 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. raised its position in shares of Equity Commonwealth by 4.2% during the second quarter. D. E. Shaw & Co. Inc. now owns 1,161,788 shares of the real estate investment trust’s stock valued at $22,539,000 after buying an additional 46,314 shares during the last quarter. Hedge funds and other institutional investors own 96.00% of the company’s stock.

Equity Commonwealth Stock Performance

Shares of EQC opened at $19.83 on Friday. The company’s fifty day moving average is $20.07 and its 200 day moving average is $19.53. Equity Commonwealth has a fifty-two week low of $17.93 and a fifty-two week high of $21.00. The stock has a market capitalization of $2.13 billion, a PE ratio of 25.09 and a beta of 0.27.

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.