First Affirmative Financial Network Grows Stock Holdings in Equity Commonwealth (NYSE:EQC)

First Affirmative Financial Network grew its stake in shares of Equity Commonwealth (NYSE:EQC) by 117.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,831 shares of the real estate investment trust’s stock after acquiring an additional 13,389 shares during the period. First Affirmative Financial Network’s holdings in Equity Commonwealth were worth $44,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in EQC. Algert Global LLC boosted its stake in Equity Commonwealth by 18.6% in the 2nd quarter. Algert Global LLC now owns 68,724 shares of the real estate investment trust’s stock worth $1,333,000 after purchasing an additional 10,774 shares during the period. Creative Planning boosted its position in shares of Equity Commonwealth by 12.7% in the second quarter. Creative Planning now owns 18,849 shares of the real estate investment trust’s stock valued at $366,000 after acquiring an additional 2,130 shares during the period. Sanctuary Advisors LLC purchased a new position in Equity Commonwealth during the second quarter valued at approximately $298,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Equity Commonwealth during the 2nd quarter worth approximately $7,760,000. Finally, SG Americas Securities LLC purchased a new stake in Equity Commonwealth in the 3rd quarter worth approximately $354,000. 96.00% of the stock is currently owned by hedge funds and other institutional investors.

Equity Commonwealth Stock Down 0.9 %

NYSE:EQC opened at $1.72 on Friday. The business’s 50-day moving average price is $5.80 and its two-hundred day moving average price is $15.06. The stock has a market cap of $184.08 million, a P/E ratio of 4.40 and a beta of 0.48. Equity Commonwealth has a twelve month low of $1.40 and a twelve month high of $21.00.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Equity Commonwealth from a “hold” rating to a “sell” rating in a report 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.