California Public Employees Retirement System Trims Position in Equity Commonwealth (NYSE:EQC)

California Public Employees Retirement System trimmed its stake in Equity Commonwealth (NYSE:EQC) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 884,357 shares of the real estate investment trust’s stock after selling 15,956 shares during the period. California Public Employees Retirement System owned about 0.83% of Equity Commonwealth worth $16,980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in EQC. Nuance Investments LLC raised its holdings in shares of Equity Commonwealth by 50.8% in the third quarter. Nuance Investments LLC now owns 4,999,446 shares of the real estate investment trust’s stock valued at $91,840,000 after acquiring an additional 1,683,316 shares in the last quarter. Burgundy Asset Management Ltd. raised its holdings in shares of Equity Commonwealth by 1.2% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 2,767,178 shares of the real estate investment trust’s stock valued at $50,833,000 after purchasing an additional 33,898 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Equity Commonwealth by 5.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,005,145 shares of the real estate investment trust’s stock valued at $36,835,000 after purchasing an additional 96,763 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in Equity Commonwealth by 15.8% during the third quarter. Thompson Siegel & Walmsley LLC now owns 1,908,447 shares of the real estate investment trust’s stock worth $35,058,000 after buying an additional 259,873 shares during the period. Finally, Brown Advisory Inc. boosted its position in Equity Commonwealth by 41.5% during the 3rd quarter. Brown Advisory Inc. now owns 1,832,548 shares of the real estate investment trust’s stock valued at $33,664,000 after acquiring an additional 537,419 shares in the last quarter. 96.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Equity Commonwealth

In other Equity Commonwealth news, CAO Andrew Levy sold 2,409 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $18.71, for a total transaction of $45,072.39. Following the completion of the sale, the chief accounting officer now directly owns 2,305 shares of the company’s stock, valued at $43,126.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.80% of the stock is owned by insiders.

Equity Commonwealth Trading Up 0.9 %

EQC opened at $18.77 on Tuesday. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 24.70 and a beta of 0.24. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.49. The stock has a fifty day moving average price of $18.71 and a 200-day moving average price of $18.93.

Equity Commonwealth Company 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.