SG Americas Securities LLC Purchases Shares of 17,812 Equity Commonwealth (NYSE:EQC)

SG Americas Securities LLC bought a new position in shares of Equity Commonwealth (NYSE:EQC) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,812 shares of the real estate investment trust’s stock, valued at approximately $354,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Manning & Napier Advisors LLC acquired a new stake in shares of Equity Commonwealth during the second quarter worth about $3,463,000. Empowered Funds LLC acquired a new stake in shares of Equity Commonwealth during the first quarter worth about $2,162,000. BNP Paribas Financial Markets increased its position in shares of Equity Commonwealth by 103.1% during the first quarter. BNP Paribas Financial Markets now owns 66,068 shares of the real estate investment trust’s stock worth $1,247,000 after purchasing an additional 33,542 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Equity Commonwealth by 273.4% during the second quarter. Harbor Capital Advisors Inc. now owns 65,417 shares of the real estate investment trust’s stock worth $1,269,000 after purchasing an additional 47,898 shares in the last quarter. Finally, Jennison Associates LLC acquired a new stake in shares of Equity Commonwealth during the first quarter worth about $976,000. Institutional investors and hedge funds own 96.00% of the company’s stock.

Equity Commonwealth Stock Performance

EQC opened at $19.83 on Friday. The business’s 50-day simple moving average is $20.07 and its 200-day simple moving average is $19.53. Equity Commonwealth has a one year low of $17.93 and a one year high of $21.00. The stock has a market capitalization of $2.13 billion, a P/E ratio of 25.09 and a beta of 0.27.

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.