Loomis Sayles & Co. L P Has $10.54 Million Position in Equity Commonwealth (NYSE:EQC)

Loomis Sayles & Co. L P trimmed its position in Equity Commonwealth (NYSE:EQC) by 3.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 529,691 shares of the real estate investment trust’s stock after selling 20,959 shares during the quarter. Loomis Sayles & Co. L P owned 0.49% of Equity Commonwealth worth $10,541,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EQC. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Equity Commonwealth in the second quarter valued at approximately $27,000. CWM LLC raised its holdings in Equity Commonwealth by 29.3% in the 3rd quarter. CWM LLC now owns 3,097 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 701 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Equity Commonwealth by 25.6% during the 3rd quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 632 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Equity Commonwealth by 35.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust’s stock worth $83,000 after purchasing an additional 1,084 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of Equity Commonwealth by 459.8% in the third quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 3,738 shares during the period. Institutional investors own 96.00% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Equity Commonwealth from a “hold” rating to a “sell” rating in a research report on Friday, October 25th.

Equity Commonwealth Trading Up 0.4 %

Shares of Equity Commonwealth stock opened at $20.25 on Thursday. The company has a market cap of $2.17 billion, a PE ratio of 51.92 and a beta of 0.27. The company has a 50 day moving average of $19.91 and a 200-day moving average of $19.77. Equity Commonwealth has a 1-year low of $17.93 and a 1-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.