Equity Commonwealth (NYSE:EQC) Shares Purchased by Yakira Capital Management Inc.

Yakira Capital Management Inc. raised its stake in Equity Commonwealth (NYSE:EQC) by 1,577.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 858,859 shares of the real estate investment trust’s stock after purchasing an additional 807,659 shares during the quarter. Yakira Capital Management Inc.’s holdings in Equity Commonwealth were worth $1,520,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of EQC. Alberta Investment Management Corp grew its holdings in Equity Commonwealth by 462.3% during the 4th quarter. Alberta Investment Management Corp now owns 8,665,543 shares of the real estate investment trust’s stock worth $15,338,000 after acquiring an additional 7,124,543 shares in the last quarter. Y Intercept Hong Kong Ltd lifted its position in shares of Equity Commonwealth by 3,136.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 578,552 shares of the real estate investment trust’s stock worth $1,024,000 after purchasing an additional 560,678 shares during the last quarter. DLD Asset Management LP purchased a new position in Equity Commonwealth in the fourth quarter valued at $731,000. Ieq Capital LLC purchased a new position in Equity Commonwealth in the fourth quarter valued at $616,000. Finally, Barclays PLC raised its stake in Equity Commonwealth by 250.5% in the third quarter. Barclays PLC now owns 415,187 shares of the real estate investment trust’s stock valued at $8,263,000 after buying an additional 296,742 shares in 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 $1.60 on Friday. The business has a 50-day moving average of $1.66 and a two-hundred day moving average of $9.10. The company has a market capitalization of $171.34 million, a price-to-earnings ratio of 4.09 and a beta of 0.57. Equity Commonwealth has a 1 year low of $1.40 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.