Assetmark Inc. Has $7.05 Million Holdings in Equity Commonwealth (NYSE:EQC)

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Assetmark Inc. boosted its stake in shares of Equity Commonwealth (NYSE:EQC) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 216,911 shares of the real estate investment trust’s stock after buying an additional 7,727 shares during the quarter. Assetmark Inc. owned 0.18% of Equity Commonwealth worth $7,054,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Berman Capital Advisors LLC lifted its stake in shares of Equity Commonwealth by 92.0% during the first quarter. Berman Capital Advisors LLC now owns 862 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 413 shares during the period. Advisory Services Network LLC lifted its stake in shares of Equity Commonwealth by 408.3% during the second quarter. Advisory Services Network LLC now owns 2,033 shares of the real estate investment trust’s stock valued at $66,000 after buying an additional 1,633 shares during the period. Signaturefd LLC lifted its stake in shares of Equity Commonwealth by 232.2% during the second quarter. Signaturefd LLC now owns 2,146 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 1,500 shares during the period. Oakworth Capital Inc. purchased a new position in shares of Equity Commonwealth during the second quarter valued at approximately $102,000. Finally, Altshuler Shaham Ltd lifted its stake in shares of Equity Commonwealth by 80.5% during the second quarter. Altshuler Shaham Ltd now owns 3,220 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 1,436 shares during the period. Institutional investors own 96.68% of the company’s stock.

Several equities analysts recently commented on the stock. ValuEngine lowered shares of Equity Commonwealth from a “buy” rating to a “hold” rating in a research report on Monday, October 7th. Zacks Investment Research lowered shares of Equity Commonwealth from a “buy” rating to a “hold” rating in a research report on Monday, October 7th. Finally, JMP Securities lowered shares of Equity Commonwealth from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 14th.

Shares of Equity Commonwealth stock traded down $0.03 during trading hours on Friday, hitting $31.17. The company’s stock had a trading volume of 783,523 shares, compared to its average volume of 697,932. The business has a fifty day moving average of $33.39 and a 200 day moving average of $32.97. The company has a market capitalization of $3.81 billion, a PE ratio of 45.17 and a beta of 0.24. Equity Commonwealth has a 1-year low of $28.48 and a 1-year high of $34.95. The company has a quick ratio of 86.78, a current ratio of 86.78 and a debt-to-equity ratio of 0.01.

The company also recently declared a — dividend, which will be paid on Wednesday, October 23rd. Investors of record on Monday, October 7th will be issued a dividend of $3.50 per share. The ex-dividend date of this dividend is Friday, October 4th.

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. As of December 31, 2018, EQC's portfolio comprised 10 properties and 5.1 million square feet.

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Institutional Ownership by Quarter for Equity Commonwealth (NYSE:EQC)

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