Mraz Amerine & Associates Inc. Acquires New Position in Equity Commonwealth (NYSE:EQC)

Mraz Amerine & Associates Inc. acquired a new stake in Equity Commonwealth (NYSE:EQC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 55,093 shares of the real estate investment trust’s stock, valued at approximately $1,058,000. Mraz Amerine & Associates Inc. owned 0.05% of Equity Commonwealth as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Castleview Partners LLC increased its holdings in Equity Commonwealth by 18.2% in the first quarter. Castleview Partners LLC now owns 3,392 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 522 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in Equity Commonwealth by 1.7% in the third quarter. Daiwa Securities Group Inc. now owns 33,937 shares of the real estate investment trust’s stock valued at $623,000 after buying an additional 553 shares in the last quarter. Advisory Services Network LLC increased its holdings in Equity Commonwealth by 30.3% in the first quarter. Advisory Services Network LLC now owns 2,483 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 577 shares in the last quarter. Ameritas Investment Partners Inc. increased its holdings in Equity Commonwealth by 7.1% in the second quarter. Ameritas Investment Partners Inc. now owns 8,672 shares of the real estate investment trust’s stock valued at $176,000 after buying an additional 578 shares in the last quarter. Finally, Boothbay Fund Management LLC increased its holdings in Equity Commonwealth by 0.4% in the second quarter. Boothbay Fund Management LLC now owns 181,696 shares of the real estate investment trust’s stock valued at $3,681,000 after buying an additional 635 shares in the last quarter. Institutional investors and hedge funds own 96.00% of the company’s stock.

Equity Commonwealth Price Performance

Equity Commonwealth stock remained flat at $18.53 during mid-day trading on Wednesday. 644,500 shares of the company’s stock were exchanged, compared to its average volume of 909,751. Equity Commonwealth has a 12 month low of $17.93 and a 12 month high of $21.49. The company has a market cap of $1.98 billion, a P/E ratio of 24.38 and a beta of 0.24. The business’s 50-day simple moving average is $18.74 and its 200-day simple moving average is $18.93.

Insider Transactions at Equity Commonwealth

In other news, CAO Andrew Levy sold 2,409 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $18.71, for a total transaction of $45,072.39. Following the completion of the transaction, the chief accounting officer now directly owns 2,305 shares of the company’s stock, valued at approximately $43,126.55. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.80% of the company’s stock.

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.