Hi Line Capital Management LLC Sells 566 Shares of Equity Commonwealth (NYSE:EQC)

Hi Line Capital Management LLC reduced its position in shares of Equity Commonwealth (NYSE:EQC) by 0.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 97,805 shares of the real estate investment trust’s stock after selling 566 shares during the quarter. Equity Commonwealth comprises about 0.7% of Hi Line Capital Management LLC’s portfolio, making the stock its 22nd biggest position. Hi Line Capital Management LLC’s holdings in Equity Commonwealth were worth $1,847,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. acquired a new position in Equity Commonwealth during the 4th quarter valued at about $34,000. Van ECK Associates Corp boosted its holdings 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 buying an additional 1,008 shares during the period. Signaturefd LLC grew its position in shares of Equity Commonwealth by 82.6% in the fourth quarter. Signaturefd LLC now owns 4,909 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 2,221 shares in the last quarter. Graham Capital Wealth Management LLC purchased a new position in Equity Commonwealth during the 4th quarter valued at about $195,000. Finally, First Affirmative Financial Network purchased a new stake in Equity Commonwealth in the 4th quarter worth approximately $196,000. Institutional investors own 96.00% of the company’s stock.

Equity Commonwealth Price Performance

Shares of NYSE:EQC traded down $0.15 on Monday, hitting $19.25. The company’s stock had a trading volume of 220,129 shares, compared to its average volume of 886,067. Equity Commonwealth has a 1 year low of $17.93 and a 1 year high of $20.75. The company has a 50-day simple moving average of $19.18 and a 200 day simple moving average of $19.04. The company has a market capitalization of $2.07 billion, a PE ratio of 24.56 and a beta of 0.28.

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.