DGS Capital Management LLC Invests $53,000 in Equity Commonwealth (NYSE:EQC)

DGS Capital Management LLC acquired a new stake in Equity Commonwealth (NYSE:EQC) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 30,116 shares of the real estate investment trust’s stock, valued at approximately $53,000.

Several other institutional investors have also added to or reduced their stakes in EQC. Van ECK Associates Corp increased its stake in shares of Equity Commonwealth by 25.6% in the third quarter. Van ECK Associates Corp now owns 3,103 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 632 shares in the last quarter. CWM LLC grew its stake in Equity Commonwealth by 29.3% in the 3rd quarter. CWM LLC now owns 3,097 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 701 shares in the last quarter. Ullmann Wealth Partners Group LLC bought a new stake in Equity Commonwealth during the 4th quarter valued at $68,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Equity Commonwealth by 35.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,165 shares of the real estate investment trust’s stock worth $83,000 after acquiring an additional 1,084 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Equity Commonwealth by 459.8% during the third quarter. Blue Trust Inc. now owns 4,551 shares of the real estate investment trust’s stock worth $88,000 after acquiring an additional 3,738 shares in the last quarter. 96.00% of the stock is owned by hedge funds and other institutional investors.

Equity Commonwealth Stock Performance

NYSE:EQC opened at $1.75 on Monday. The firm has a market capitalization of $187.30 million, a price-to-earnings ratio of 4.47 and a beta of 0.48. The stock has a fifty day moving average of $7.27 and a 200 day moving average of $15.49. Equity Commonwealth has a 52-week low of $1.40 and a 52-week high of $21.00.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Equity Commonwealth from a “hold” rating to a “sell” rating in a research note on Friday, October 25th.

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.