Equity Comwlth (EQC) Holding Held by Mangrove Partners

October 2, 2018 - By Hazel Jackson

Equity Commonwealth (NYSE:EQC) Logo

Mangrove Partners increased its stake in Equity Comwlth (EQC) by 628.88% based on its latest 2018Q2 regulatory filing with the SEC. Mangrove Partners bought 1.45 million shares as the company’s stock rose 4.94% with the market. The hedge fund held 1.68M shares of the real estate investment trusts company at the end of 2018Q2, valued at $52.85M, up from 230,200 at the end of the previous reported quarter. Mangrove Partners who had been investing in Equity Comwlth for a number of months, seems to be bullish on the $3.93B market cap company. The stock increased 0.53% or $0.17 during the last trading session, reaching $32.33. About 500,798 shares traded. Equity Commonwealth (NYSE:EQC) has risen 3.72% since October 2, 2017 and is uptrending. It has underperformed by 11.90% the S&P500.

Another recent and important Equity Commonwealth (NYSE:EQC) news was published by Seekingalpha.com which published an article titled: “Equity Commonwealth Cum Conv Pfd Shs Series D declares $0.40625 dividend” on September 26, 2018.

Equity Commonwealth (NYSE:EQC) Ratings Coverage

Among 3 analysts covering Equity Commonwealth (NYSE:EQC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Equity Commonwealth had 3 analyst reports since May 8, 2018 according to SRatingsIntel. The rating was maintained by Citigroup on Thursday, August 9 with “Neutral”. The firm earned “Hold” rating on Wednesday, August 1 by Stifel Nicolaus. JMP Securities maintained Equity Commonwealth (NYSE:EQC) rating on Tuesday, May 8. JMP Securities has “Market Outperform” rating and $34 target.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>