DLD Asset Management LP Makes New Investment in Equity Commonwealth (NYSE:EQC)

DLD Asset Management LP purchased a new position in Equity Commonwealth (NYSE:EQC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 412,779 shares of the real estate investment trust’s stock, valued at approximately $731,000. DLD Asset Management LP owned approximately 0.38% of Equity Commonwealth as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. First Affirmative Financial Network increased its stake in Equity Commonwealth by 117.0% during the 4th quarter. First Affirmative Financial Network now owns 24,831 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 13,389 shares during the period. DGS Capital Management LLC acquired a new position in shares of Equity Commonwealth during the fourth quarter valued at approximately $53,000. Raymond James Financial Inc. bought a new stake in Equity Commonwealth during the fourth quarter worth approximately $58,000. Ullmann Wealth Partners Group LLC bought a new stake in Equity Commonwealth during the fourth quarter worth approximately $68,000. Finally, Point72 DIFC Ltd acquired a new stake in Equity Commonwealth in the third quarter worth approximately $146,000. 96.00% of the stock is currently owned by institutional investors.

Equity Commonwealth Stock Performance

Shares of EQC stock opened at $1.63 on Wednesday. Equity Commonwealth has a 1 year low of $1.40 and a 1 year high of $21.00. The business’s fifty day moving average is $1.67 and its 200-day moving average is $9.41. The stock has a market cap of $174.56 million, a PE ratio of 4.17 and a beta of 0.50.

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.