Allspring Global Investments Holdings LLC Has $446,000 Stock Holdings in Equity Commonwealth (NYSE:EQC)

Allspring Global Investments Holdings LLC raised its stake in Equity Commonwealth (NYSE:EQC) by 107.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,712 shares of the real estate investment trust’s stock after acquiring an additional 130,276 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.23% of Equity Commonwealth worth $446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC raised its holdings in Equity Commonwealth by 29.3% in the 3rd quarter. CWM LLC now owns 3,097 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 701 shares in the last quarter. Van ECK Associates Corp raised its holdings in 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 acquiring an additional 632 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Equity Commonwealth by 35.2% in the 3rd 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 acquiring an additional 1,084 shares in the last quarter. Blue Trust Inc. raised its holdings 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 acquiring an additional 3,738 shares in the last quarter. Finally, Point72 DIFC Ltd acquired a new position in Equity Commonwealth in the 3rd quarter valued at $146,000. 96.00% of the stock is owned by institutional investors and hedge funds.

Equity Commonwealth Stock Performance

Equity Commonwealth stock opened at $1.72 on Tuesday. Equity Commonwealth has a 52 week low of $1.40 and a 52 week high of $21.00. The stock has a market capitalization of $184.07 million, a P/E ratio of 4.40 and a beta of 0.48. The stock has a fifty day moving average of $1.74 and a 200-day moving average of $12.83.

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.