Hi Line Capital Management LLC Trims Holdings in Equity Commonwealth (NYSE:EQC)

Hi Line Capital Management LLC cut its holdings in shares of Equity Commonwealth (NYSE:EQC) by 0.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 97,805 shares of the real estate investment trust’s stock after selling 566 shares during the quarter. Equity Commonwealth accounts for about 0.7% of Hi Line Capital Management LLC’s portfolio, making the stock its 22nd largest holding. Hi Line Capital Management LLC owned about 0.09% of Equity Commonwealth worth $1,847,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of EQC. First Affirmative Financial Network increased its holdings in Equity Commonwealth by 7.6% in the first quarter. First Affirmative Financial Network now owns 10,972 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 775 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Equity Commonwealth by 0.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,244,666 shares of the real estate investment trust’s stock worth $23,898,000 after acquiring an additional 9,049 shares during the period. Nebula Research & Development LLC lifted its holdings in Equity Commonwealth by 146.4% during the fourth quarter. Nebula Research & Development LLC now owns 67,259 shares of the real estate investment trust’s stock valued at $1,291,000 after purchasing an additional 39,962 shares in the last quarter. Dean Capital Management increased its stake in shares of Equity Commonwealth by 14.3% during the fourth quarter. Dean Capital Management now owns 98,143 shares of the real estate investment trust’s stock worth $1,884,000 after purchasing an additional 12,298 shares in the last quarter. Finally, HGI Capital Management LLC purchased a new stake in Equity Commonwealth during the 4th quarter worth approximately $2,403,000. 96.00% of the stock is currently owned by institutional investors and hedge funds.

Equity Commonwealth Trading Down 0.8 %

EQC stock traded down $0.15 during trading on Monday, reaching $19.25. 220,129 shares of the stock were exchanged, compared to its average volume of 886,067. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 24.56 and a beta of 0.28. The business has a 50 day moving average price of $19.18 and a 200-day moving average price of $19.04. Equity Commonwealth has a 1 year low of $17.93 and a 1 year high of $20.75.

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.