Nissay Asset Management Corp Japan ADV Has $82,000 Stake in Equity Commonwealth (NYSE:EQC)

Nissay Asset Management Corp Japan ADV lifted its position in shares of Equity Commonwealth (NYSE:EQC) by 165.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,098 shares of the real estate investment trust’s stock after acquiring an additional 29,344 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Equity Commonwealth were worth $82,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of EQC. Barclays PLC raised its position in Equity Commonwealth by 250.5% during the 3rd quarter. Barclays PLC now owns 415,187 shares of the real estate investment trust’s stock worth $8,263,000 after purchasing an additional 296,742 shares during the last quarter. DLD Asset Management LP bought a new position in Equity Commonwealth during the 4th quarter worth $731,000. Raymond James Financial Inc. bought a new position in Equity Commonwealth during the 4th quarter worth $58,000. Norges Bank bought a new position in Equity Commonwealth during the 4th quarter worth $264,000. Finally, Allspring Global Investments Holdings LLC raised its position in Equity Commonwealth by 107.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 251,712 shares of the real estate investment trust’s stock worth $446,000 after purchasing an additional 130,276 shares during the last quarter. Institutional investors and hedge funds own 96.00% of the company’s stock.

Equity Commonwealth Price Performance

Shares of NYSE:EQC opened at $1.58 on Monday. The firm has a market cap of $169.73 million, a P/E ratio of 4.05 and a beta of 0.57. Equity Commonwealth has a 12-month low of $1.40 and a 12-month high of $21.00. The business has a fifty day simple moving average of $1.59 and a 200 day simple moving average of $5.02.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Equity Commonwealth in a research report on Saturday. They set a “sell” rating for the company.

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.