Allspring Global Investments Holdings LLC Buys 77,043 Shares of Equity Commonwealth (NYSE:EQC)

Allspring Global Investments Holdings LLC lifted its stake in shares of Equity Commonwealth (NYSE:EQC) by 125.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 138,552 shares of the real estate investment trust’s stock after buying an additional 77,043 shares during the period. Allspring Global Investments Holdings LLC owned about 0.13% of Equity Commonwealth worth $2,688,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of EQC. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Equity Commonwealth during the 2nd quarter worth $27,000. Van ECK Associates Corp grew its position in Equity Commonwealth by 48.5% in the 4th quarter. Van ECK Associates Corp now owns 3,085 shares of the real estate investment trust’s stock worth $59,000 after purchasing an additional 1,008 shares in the last quarter. Covestor Ltd increased its stake in Equity Commonwealth by 21.4% in the 1st quarter. Covestor Ltd now owns 7,083 shares of the real estate investment trust’s stock valued at $134,000 after buying an additional 1,250 shares during the last quarter. First Affirmative Financial Network lifted its position in shares of Equity Commonwealth by 7.6% during the 1st quarter. First Affirmative Financial Network now owns 10,972 shares of the real estate investment trust’s stock worth $207,000 after buying an additional 775 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Equity Commonwealth by 53.1% in the 1st quarter. SG Americas Securities LLC now owns 12,460 shares of the real estate investment trust’s stock worth $235,000 after buying an additional 4,320 shares during the last quarter. Institutional investors own 96.00% of the company’s stock.

Equity Commonwealth Trading Up 0.1 %

Shares of EQC opened at $20.27 on Tuesday. The stock has a 50 day moving average of $19.80 and a 200 day moving average of $19.24. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 25.66 and a beta of 0.27. Equity Commonwealth has a 12 month low of $17.93 and a 12 month 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.