Segall Bryant & Hamill LLC Lowers Stake in Equity Commonwealth (NYSE:EQC)

Segall Bryant & Hamill LLC lessened its holdings in Equity Commonwealth (NYSE:EQC) by 33.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,526,058 shares of the real estate investment trust’s stock after selling 1,266,108 shares during the quarter. Equity Commonwealth comprises 0.7% of Segall Bryant & Hamill LLC’s portfolio, making the stock its 20th largest position. Segall Bryant & Hamill LLC owned approximately 2.35% of Equity Commonwealth worth $50,269,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Equity Commonwealth during the 2nd quarter valued at about $27,000. Van ECK Associates Corp increased its position in shares of Equity Commonwealth by 25.6% during the third 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. 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 worth $62,000 after acquiring an additional 701 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position 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. Finally, Blue Trust Inc. lifted its position 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. Institutional investors own 96.00% of the company’s stock.

Analyst Ratings Changes

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

Equity Commonwealth Stock Down 0.2 %

Shares of EQC stock opened at $20.10 on Wednesday. The company has a 50 day moving average price of $19.92 and a 200-day moving average price of $19.73. Equity Commonwealth has a 52 week low of $17.93 and a 52 week high of $21.00. The firm has a market capitalization of $2.16 billion, a PE ratio of 51.54 and a beta of 0.27.

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.