Atria Investments Inc Decreases Stock Position in Equity Commonwealth (NYSE:EQC)

Atria Investments Inc reduced its position in Equity Commonwealth (NYSE:EQC) by 15.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,197 shares of the real estate investment trust’s stock after selling 3,099 shares during the quarter. Atria Investments Inc’s holdings in Equity Commonwealth were worth $342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of EQC. Whitebox Advisors LLC bought a new position in shares of Equity Commonwealth in the first quarter worth $12,597,000. Boston Partners boosted its stake in Equity Commonwealth by 299.1% during the first quarter. Boston Partners now owns 725,020 shares of the real estate investment trust’s stock valued at $13,686,000 after buying an additional 543,344 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Equity Commonwealth during the second quarter valued at $7,760,000. Lee Danner & Bass Inc. bought a new stake in Equity Commonwealth during the second quarter valued at $6,470,000. Finally, Victory Capital Management Inc. lifted its stake in Equity Commonwealth by 31.4% during the second quarter. Victory Capital Management Inc. now owns 913,902 shares of the real estate investment trust’s stock worth $17,730,000 after purchasing an additional 218,204 shares during the last quarter. 96.00% of the stock is owned by hedge funds and other institutional investors.

Equity Commonwealth Price Performance

Shares of EQC stock opened at $20.10 on Friday. The stock has a market capitalization of $2.16 billion, a PE ratio of 51.54 and a beta of 0.27. Equity Commonwealth has a 1-year low of $17.93 and a 1-year high of $21.00. The business has a 50-day moving average of $19.92 and a 200 day moving average of $19.74.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Equity Commonwealth from a “hold” rating to a “sell” rating in a research note on Friday, October 25th.

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.