Mraz Amerine & Associates Inc. Invests $1.06 Million in Equity Commonwealth (NYSE:EQC)

Mraz Amerine & Associates Inc. bought a new stake in Equity Commonwealth (NYSE:EQC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 55,093 shares of the real estate investment trust’s stock, valued at approximately $1,058,000.

Other hedge funds have also bought and sold shares of the company. Vaughan Nelson Investment Management L.P. lifted its stake in Equity Commonwealth by 3.4% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,616,720 shares of the real estate investment trust’s stock valued at $31,041,000 after purchasing an additional 53,760 shares during the last quarter. Mariner LLC lifted its stake in Equity Commonwealth by 91.3% in the 3rd quarter. Mariner LLC now owns 86,905 shares of the real estate investment trust’s stock valued at $1,596,000 after purchasing an additional 41,483 shares during the last quarter. Brandes Investment Partners LP lifted its stake in Equity Commonwealth by 78.3% in the 3rd quarter. Brandes Investment Partners LP now owns 569,694 shares of the real estate investment trust’s stock valued at $10,465,000 after purchasing an additional 250,266 shares during the last quarter. DigitalBridge Group Inc. acquired a new stake in Equity Commonwealth in the 3rd quarter valued at about $12,689,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Equity Commonwealth in the 3rd quarter valued at about $1,217,000. 96.00% of the stock is currently owned by institutional investors and hedge funds.

Equity Commonwealth Stock Performance

NYSE:EQC remained flat at $18.53 during mid-day trading on Wednesday. 644,500 shares of the company traded hands, compared to its average volume of 909,751. The stock has a fifty day simple moving average of $18.74 and a 200 day simple moving average of $18.93. The firm has a market cap of $1.98 billion, a PE ratio of 24.38 and a beta of 0.24. Equity Commonwealth has a twelve month low of $17.93 and a twelve month high of $21.49.

Insiders Place Their Bets

In other news, CAO Andrew Levy sold 2,409 shares of Equity Commonwealth stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $18.71, for a total value of $45,072.39. Following the completion of the sale, the chief accounting officer now directly owns 2,305 shares in the company, valued at $43,126.55. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 2.80% of the company’s stock.

Equity Commonwealth 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.