Allspring Global Investments Holdings LLC Has $446,000 Stock Position in Equity Commonwealth (NYSE:EQC)

Allspring Global Investments Holdings LLC lifted its holdings in shares of Equity Commonwealth (NYSE:EQC) by 107.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 251,712 shares of the real estate investment trust’s stock after buying an additional 130,276 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Equity Commonwealth were worth $446,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. CWM LLC raised its holdings in shares of Equity Commonwealth by 29.3% during the 3rd quarter. CWM LLC now owns 3,097 shares of the real estate investment trust’s stock worth $62,000 after buying an additional 701 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Equity Commonwealth by 25.6% in the third quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 632 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in 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 in the last quarter. Blue Trust Inc. boosted its holdings in 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 in the last quarter. Finally, Point72 DIFC Ltd bought a new position in Equity Commonwealth in the third quarter worth approximately $146,000. Institutional investors and hedge funds own 96.00% of the company’s stock.

Equity Commonwealth Stock Performance

Shares of NYSE:EQC opened at $1.72 on Tuesday. The firm has a market cap of $184.07 million, a P/E ratio of 4.40 and a beta of 0.48. Equity Commonwealth has a 52-week low of $1.40 and a 52-week high of $21.00. The business’s 50 day simple moving average is $1.74 and its two-hundred day simple moving average is $12.83.

About Equity Commonwealth

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.