Bank of Montreal Can Sells 30,972 Shares of Equity Commonwealth (NYSE:EQC)

Bank of Montreal Can trimmed its position in Equity Commonwealth (NYSE:EQC) by 8.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 333,946 shares of the real estate investment trust’s stock after selling 30,972 shares during the period. Bank of Montreal Can owned approximately 0.31% of Equity Commonwealth worth $6,619,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in Equity Commonwealth in the second quarter valued at $27,000. Van ECK Associates Corp raised its holdings in shares of Equity Commonwealth by 25.6% in the 3rd quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 632 shares during the period. CWM LLC lifted its position 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 valued at $62,000 after buying an additional 701 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake 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 during the period. Finally, Blue Trust Inc. lifted its stake in shares of Equity Commonwealth by 459.8% during the 3rd quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust’s stock worth $88,000 after buying an additional 3,738 shares during the last quarter. Institutional investors and hedge funds own 96.00% of the company’s stock.

Equity Commonwealth Trading Down 0.8 %

Shares of Equity Commonwealth stock opened at $20.18 on Tuesday. Equity Commonwealth has a 1-year low of $17.93 and a 1-year high of $21.00. The company has a market cap of $2.17 billion, a PE ratio of 52.15 and a beta of 0.27. The company has a 50 day moving average of $19.92 and a 200-day moving average of $19.79.

Analyst Upgrades and Downgrades

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