Two Sigma Securities LLC Takes $59,000 Position in Equity Commonwealth (NYSE:EQC)

Two Sigma Securities LLC acquired a new position in Equity Commonwealth (NYSE:EQC) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 33,492 shares of the real estate investment trust’s stock, valued at approximately $59,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EQC. First Affirmative Financial Network lifted its stake in shares of Equity Commonwealth by 117.0% in the 4th quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 13,389 shares during the period. DGS Capital Management LLC bought a new stake in Equity Commonwealth during the fourth quarter worth approximately $53,000. Raymond James Financial Inc. acquired a new stake in Equity Commonwealth in the fourth quarter worth approximately $58,000. Ullmann Wealth Partners Group LLC bought a new position in Equity Commonwealth during the 4th quarter valued at $68,000. Finally, Resona Asset Management Co. Ltd. acquired a new position in Equity Commonwealth during the fourth quarter worth about $75,000. Institutional investors own 96.00% of the company’s stock.

Equity Commonwealth Price Performance

Shares of NYSE EQC opened at $1.58 on Friday. Equity Commonwealth has a 52-week low of $1.40 and a 52-week high of $21.00. The stock has a market capitalization of $169.73 million, a price-to-earnings ratio of 4.05 and a beta of 0.57. The stock’s fifty day simple moving average is $1.60 and its 200 day simple moving average is $6.48.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Equity Commonwealth in a report on Thursday. They issued a “sell” rating on the stock.

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.