Equity Commonwealth (NYSE:EQC) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its stake in Equity Commonwealth (NYSE:EQC) by 24.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,127,757 shares of the real estate investment trust’s stock after selling 363,650 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.05% of Equity Commonwealth worth $1,996,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of EQC. Y Intercept Hong Kong Ltd lifted its position in Equity Commonwealth by 3,136.8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 578,552 shares of the real estate investment trust’s stock valued at $1,024,000 after purchasing an additional 560,678 shares during the last quarter. Ieq Capital LLC acquired a new stake in shares of Equity Commonwealth in the fourth quarter valued at approximately $616,000. Alberta Investment Management Corp raised its holdings in shares of Equity Commonwealth by 462.3% during the fourth quarter. Alberta Investment Management Corp now owns 8,665,543 shares of the real estate investment trust’s stock valued at $15,338,000 after buying an additional 7,124,543 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Equity Commonwealth by 107.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 251,712 shares of the real estate investment trust’s stock worth $446,000 after buying an additional 130,276 shares during the period. Finally, First Affirmative Financial Network grew its holdings in Equity Commonwealth by 117.0% in the 4th quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 13,389 shares in the last quarter. Institutional investors and hedge funds own 96.00% of the company’s stock.

Equity Commonwealth Price Performance

EQC opened at $1.61 on Friday. The stock’s 50 day moving average price is $1.67 and its 200 day moving average price is $9.82. The stock has a market cap of $172.41 million, a P/E ratio of 4.12 and a beta of 0.50. Equity Commonwealth has a 12 month low of $1.40 and a 12 month high of $21.00.

About Equity Commonwealth

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.