As Equity Comwlth (EQC) Share Value Declined, Shareholder Numina Capital Management LLC Cut Stake by $11.04 Million

March 14, 2018 - By Linda Rogers

Numina Capital Management Llc decreased its stake in Equity Comwlth (EQC) by 42.74% based on its latest 2017Q3 regulatory filing with the SEC. Numina Capital Management Llc sold 368,044 shares as the company’s stock declined 0.70% while stock markets rallied. The institutional investor held 493,155 shares of the real estate investment trusts company at the end of 2017Q3, valued at $14.99M, down from 861,199 at the end of the previous reported quarter. Numina Capital Management Llc who had been investing in Equity Comwlth for a number of months, seems to be less bullish one the $3.73B market cap company. It closed at $29.99 lastly. It is down 13.35% since March 14, 2017 and is uptrending. It has underperformed by 3.35% the S&P500.

Analysts await Equity Commonwealth (NYSE:EQC) to report earnings on May, 2. They expect $0.17 EPS, down 37.04 % or $0.10 from last year’s $0.27 per share. EQC’s profit will be $21.16 million for 44.10 P/E if the $0.17 EPS becomes a reality. After $0.19 actual EPS reported by Equity Commonwealth for the previous quarter, Wall Street now forecasts -10.53 % negative EPS growth.

More notable recent Equity Commonwealth (NYSE:EQC) news were published by: which released: “Equity Commonwealth’s (EQC) CEO David Helfand on Q4 2017 Results – Earnings …” on February 15, 2018, also with their article: “Equity Commonwealth Completes Sales of 600 West Chicago Avenue and 1600 Market …” published on February 23, 2018, published: “Equity Commonwealth to Participate in Citi 2018 Global Property Conference” on March 01, 2018. More interesting news about Equity Commonwealth (NYSE:EQC) were released by: and their article: “Equity Commonwealth sells Philadelphia tower for $160 mln” published on February 16, 2018 as well as‘s news article titled: “Equity Commonwealth Reports Fourth Quarter and Full Year 2017 Results” with publication date: February 14, 2018.

Equity Commonwealth (NYSE:EQC) Ratings Coverage

Among 3 analysts covering Equity Commonwealth (NYSE:EQC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Equity Commonwealth has $33.0 highest and $26 lowest target. $31.50’s average target is 5.04% above currents $29.99 stock price. Equity Commonwealth had 10 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Equity Commonwealth (NYSE:EQC) earned “Buy” rating by Bank of America on Monday, August 15. The firm earned “Sell” rating on Monday, August 10 by Zacks. The stock of Equity Commonwealth (NYSE:EQC) has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. The company was maintained on Thursday, September 1 by Citigroup. The stock of Equity Commonwealth (NYSE:EQC) has “Neutral” rating given on Monday, September 14 by Citigroup. The stock has “Neutral” rating by Citigroup on Friday, September 11. The company was downgraded on Friday, November 6 by Stifel Nicolaus. The firm earned “Hold” rating on Friday, July 14 by Stifel Nicolaus. The rating was upgraded by Bank of America on Wednesday, September 9 to “Neutral”. The stock has “Buy” rating by Stifel Nicolaus on Friday, February 16.

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