Sumitomo Mitsui Trust Holdings Inc. Has $2.33 Million Stake in Equity Commonwealth (NYSE:EQC)

Sumitomo Mitsui Trust Holdings Inc. decreased its position in shares of Equity Commonwealth (NYSE:EQC) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,584 shares of the real estate investment trust’s stock after selling 1,958 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned 0.11% of Equity Commonwealth worth $2,334,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vaughan Nelson Investment Management L.P. raised its position in shares of Equity Commonwealth by 3.4% during the fourth 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 buying an additional 53,760 shares during the last quarter. Mariner LLC raised its position in shares of Equity Commonwealth by 91.3% during the third quarter. Mariner LLC now owns 86,905 shares of the real estate investment trust’s stock valued at $1,596,000 after buying an additional 41,483 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Equity Commonwealth by 435.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 90,714 shares of the real estate investment trust’s stock valued at $1,742,000 after buying an additional 73,766 shares during the last quarter. Brandes Investment Partners LP raised its position in shares of Equity Commonwealth by 78.3% during the third quarter. Brandes Investment Partners LP now owns 569,694 shares of the real estate investment trust’s stock valued at $10,465,000 after buying an additional 250,266 shares during the last quarter. Finally, DigitalBridge Group Inc. acquired a new position in shares of Equity Commonwealth during the third quarter valued at about $12,689,000. Institutional investors and hedge funds own 96.00% of the company’s stock.

Insider Buying and Selling

In related news, CAO Andrew Levy sold 2,409 shares of the stock in a transaction dated 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 transaction, the chief accounting officer now owns 2,305 shares of the company’s stock, valued at $43,126.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.80% of the company’s stock.

Equity Commonwealth Stock Up 0.3 %

NYSE:EQC opened at $18.65 on Thursday. Equity Commonwealth has a 12-month low of $17.93 and a 12-month high of $21.49. The firm has a market capitalization of $2.00 billion, a PE ratio of 24.54 and a beta of 0.24. The firm has a 50-day moving average price of $18.71 and a 200 day moving average price of $18.93.

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.