Thompson Siegel & Walmsley LLC Reduces Position in Equity Commonwealth (NYSE:EQC)

Thompson Siegel & Walmsley LLC cut its holdings in shares of Equity Commonwealth (NYSE:EQC) by 15.1% during the third quarter, HoldingsChannel.com reports. The fund owned 1,508,786 shares of the real estate investment trust’s stock after selling 268,492 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Equity Commonwealth were worth $30,025,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Whitebox Advisors LLC purchased a new position in Equity Commonwealth during the first quarter worth about $12,597,000. Boston Partners raised its position in Equity Commonwealth by 299.1% in the first quarter. Boston Partners now owns 725,020 shares of the real estate investment trust’s stock valued at $13,686,000 after purchasing an additional 543,344 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Equity Commonwealth in the 2nd quarter valued at $7,760,000. Lee Danner & Bass Inc. purchased a new position in shares of Equity Commonwealth during the 2nd quarter worth $6,470,000. Finally, Victory Capital Management Inc. increased its position in shares of Equity Commonwealth by 31.4% during the 2nd 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 Stock Up 0.1 %

NYSE:EQC opened at $20.12 on Thursday. The stock’s fifty day moving average is $19.92 and its two-hundred day moving average is $19.73. Equity Commonwealth has a 52 week low of $17.93 and a 52 week high of $21.00. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 51.59 and a beta of 0.27.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Equity Commonwealth from a “hold” rating to a “sell” rating in a research report on Friday, October 25th.

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.