Arizona State Retirement System Sells 561 Shares of Equity Commonwealth (NYSE:EQC)

Arizona State Retirement System lessened its position in Equity Commonwealth (NYSE:EQC) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,675 shares of the real estate investment trust’s stock after selling 561 shares during the quarter. Arizona State Retirement System’s holdings in Equity Commonwealth were worth $589,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Equity Commonwealth in the 4th quarter worth about $34,000. Van ECK Associates Corp purchased a new position in Equity Commonwealth in the 3rd quarter worth about $38,000. Rockefeller Capital Management L.P. increased its stake in 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 during the period. Advisory Services Network LLC increased its stake in 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 during the period. Finally, Signaturefd LLC increased its stake in 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 during the period. Institutional investors own 96.00% of the company’s stock.

Equity Commonwealth Price Performance

EQC stock opened at $18.69 on Friday. The company has a market capitalization of $2.00 billion, a PE ratio of 24.59 and a beta of 0.24. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.49. The firm’s 50-day moving average is $18.73 and its 200 day moving average is $18.93.

Insider Buying and Selling

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

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.