Janus Henderson Group PLC cut its stake in shares of Equity Commonwealth (NYSE:EQC) by 3.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,574,448 shares of the real estate investment trust’s stock after selling 172,622 shares during the period. Janus Henderson Group PLC’s holdings in Equity Commonwealth were worth $181,281,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in EQC. Millennium Management LLC purchased a new stake in shares of Equity Commonwealth during the fourth quarter worth $3,511,000. Virtu Financial LLC purchased a new stake in shares of Equity Commonwealth during the first quarter worth $310,000. Nisa Investment Advisors LLC boosted its position in shares of Equity Commonwealth by 46.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 17,875 shares of the real estate investment trust’s stock valued at $584,000 after acquiring an additional 5,675 shares during the last quarter. Investors Research Corp acquired a new position in shares of Equity Commonwealth during the 1st quarter valued at about $191,000. Finally, Virginia Retirement Systems ET AL acquired a new position in shares of Equity Commonwealth during the 1st quarter valued at about $1,370,000. Institutional investors own 97.03% of the company’s stock.

Shares of EQC stock traded up $0.26 on Wednesday, hitting $33.99. 5,855 shares of the stock traded hands, compared to its average volume of 576,198. The company’s 50-day moving average price is $33.22. The company has a quick ratio of 86.78, a current ratio of 86.78 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $4.11 billion, a PE ratio of 49.32 and a beta of 0.25. Equity Commonwealth has a twelve month low of $28.48 and a twelve month high of $34.53.

Several research analysts have recently weighed in on the stock. JMP Securities cut shares of Equity Commonwealth from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Zacks Investment Research raised shares of Equity Commonwealth from a “hold” rating to a “strong-buy” rating and set a $37.00 price target on the stock in a research report on Tuesday, July 23rd. Finally, TheStreet raised shares of Equity Commonwealth from a “c+” rating to a “b” rating in a research report on Tuesday, April 30th.

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. As of December 31, 2018, EQC's portfolio comprised 10 properties and 5.1 million square feet.

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Institutional Ownership by Quarter for Equity Commonwealth (NYSE:EQC)

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