Nisa Investment Advisors LLC Decreases Stake in Equity Commonwealth (NYSE:EQC)

Nisa Investment Advisors LLC reduced its stake in shares of Equity Commonwealth (NYSE:EQC) by 12.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 35,930 shares of the real estate investment trust’s stock after selling 5,073 shares during the period. Nisa Investment Advisors LLC’s holdings in Equity Commonwealth were worth $690,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in EQC. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Equity Commonwealth during the 4th quarter worth $34,000. Van ECK Associates Corp purchased a new stake in shares of Equity Commonwealth during the 3rd quarter worth $38,000. Signaturefd LLC boosted its position in shares of Equity Commonwealth by 89.6% in the 3rd quarter. Signaturefd LLC now owns 2,688 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,270 shares in the last quarter. Advisory Services Network LLC boosted its position in shares of Equity Commonwealth by 30.3% in the 1st quarter. Advisory Services Network LLC now owns 2,483 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 577 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Equity Commonwealth by 36.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,404 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 643 shares in the last quarter. 96.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Andrew Levy sold 2,409 shares of the business’s 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 sale, the chief accounting officer now directly owns 2,305 shares in the company, valued at approximately $43,126.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.80% of the company’s stock.

Equity Commonwealth Stock Down 0.4 %

Equity Commonwealth stock opened at $18.53 on Wednesday. Equity Commonwealth has a 52 week low of $17.93 and a 52 week high of $21.49. The firm’s 50-day simple moving average is $18.74 and its 200 day simple moving average is $18.93. The firm has a market capitalization of $1.98 billion, a PE ratio of 24.38 and a beta of 0.24.

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.