Fullcircle Wealth LLC Reduces Position in Equity Commonwealth (NYSE:EQC)

Fullcircle Wealth LLC lessened its stake in shares of Equity Commonwealth (NYSE:EQC) by 67.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,485 shares of the real estate investment trust’s stock after selling 28,520 shares during the period. Fullcircle Wealth LLC’s holdings in Equity Commonwealth were worth $267,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Equity Commonwealth during the 2nd quarter worth approximately $27,000. CWM LLC increased its stake in shares of Equity Commonwealth by 29.3% in the third 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 period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Equity Commonwealth by 35.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust’s stock worth $83,000 after acquiring an additional 1,084 shares during the period. Blue Trust Inc. increased its stake in shares of Equity Commonwealth by 459.8% in the third quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust’s stock worth $88,000 after acquiring an additional 3,738 shares during the period. Finally, Quarry LP increased its stake in shares of Equity Commonwealth by 629.6% in the second quarter. Quarry LP now owns 5,932 shares of the real estate investment trust’s stock worth $115,000 after acquiring an additional 5,119 shares during the period. Hedge funds and other institutional investors own 96.00% of the company’s stock.

Analysts Set New Price Targets

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

Equity Commonwealth Stock Performance

NYSE EQC traded up $0.06 during mid-day trading on Friday, reaching $19.85. 1,637,140 shares of the stock were exchanged, compared to its average volume of 953,776. The business’s 50 day moving average is $19.97 and its 200-day moving average is $19.60. Equity Commonwealth has a 1 year low of $17.93 and a 1 year high of $21.00. The company has a market capitalization of $2.13 billion, a P/E ratio of 50.92 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.