Equity Commonwealth (NYSE:EQC).
Governors Lane Lp reports that it increased its investment in Equity Commonwealth stock by 43.5% as reported in a filing on 11/15/2017. Its stake stood at $84,373,000 an increase of $23,276,000 as of quarter end.
Here are a few institutional investors who have updated their positions. As of the end of the quarter Dimensional Fund Advisors Lp had acquired a total of 50,867 shares growing its holdings by 2.9%. The value of the company’s investment in Equity Commonwealth decreased from $56,030,000 to $55,449,000 decreasing 1.0% quarter to quarter. As of quarter end Raymond James & Associates had sold 1,221 shares trimming its position 12.8%. The value of the investment in EQC went from $301,000 to $252,000 a change of $49,000 quarter over quarter.
Frontier Investment Mgmt Co trimmed its position by selling 225 shares a decrease of 0.1% as of 09/30/2017. Frontier Investment Mgmt Co owns 160,261 shares with a value of $4,872,000. The value of the position overall is down by 3.9%.
October 26 investment analysts at Stifel Nicolaus held the company rating at “Hold” projecting a price of $31.00. On September 21 Stifel Nicolaus made no change to the stock rating of “Hold” targeting a price of $33.00.
On July 28 Stifel Nicolaus left the stock rating at “Hold” with a current price target of $33.00.
The company is trading down from yesterday’s close of 30.46. The company currently has a P/E ratio of 68.16 and the market cap of the company is 3.74B. As of the latest earnings report the EPS was $0.44 with 124.09M shares now outstanding.
Traders are a little more bullish on shares of Equity Commonwealth if you take a look at the change in short interest. The stock realized a fall in short interest of -10.05% as of the latest report on October 31, 2017. Short interest fell 366,684 over that timeframe. Days to cover decreased -4.0 to 5.0 and the percentage of shorted shares was 0.03% on October 31.