Entropy Technologies LP Acquires 3,402 Shares of Equity Commonwealth (NYSE:EQC)

Entropy Technologies LP lifted its holdings in Equity Commonwealth (NYSE:EQC) by 11.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,904 shares of the real estate investment trust’s stock after acquiring an additional 3,402 shares during the period. Entropy Technologies LP’s holdings in Equity Commonwealth were worth $635,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Equity Commonwealth by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 16,255,061 shares of the real estate investment trust’s stock valued at $306,896,000 after acquiring an additional 60,382 shares during the last quarter. Burgundy Asset Management Ltd. raised its position in Equity Commonwealth by 1.4% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 3,709,792 shares of the real estate investment trust’s stock worth $71,970,000 after purchasing an additional 50,864 shares during the period. Jacobs Levy Equity Management Inc. raised its position in Equity Commonwealth by 0.5% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,718,940 shares of the real estate investment trust’s stock worth $32,454,000 after purchasing an additional 7,837 shares during the period. Robeco Institutional Asset Management B.V. raised its position in Equity Commonwealth by 1.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,622,655 shares of the real estate investment trust’s stock worth $32,291,000 after purchasing an additional 18,393 shares during the period. Finally, D. E. Shaw & Co. Inc. raised its position in Equity Commonwealth by 4.2% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,161,788 shares of the real estate investment trust’s stock worth $22,539,000 after purchasing an additional 46,314 shares during the period. Institutional investors own 96.00% of the company’s stock.

Wall Street Analyst Weigh In

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 Stock Performance

Shares of NYSE:EQC opened at $19.75 on Friday. The firm has a market cap of $2.12 billion, a PE ratio of 50.64 and a beta of 0.27. The firm’s 50 day simple moving average is $19.93 and its 200-day simple moving average is $19.69. Equity Commonwealth has a one year low of $17.93 and a one year high of $21.00.

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.