American Assets Trust (NYSE:AAT) Raised to Hold at Wall Street Zen

American Assets Trust (NYSE:AAT) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

A number of other analysts also recently issued reports on the stock. Morgan Stanley downgraded shares of American Assets Trust from an “equal weight” rating to an “underweight” rating and set a $17.00 price objective for the company. in a report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a research note on Wednesday, January 21st. Finally, Mizuho set a $19.00 price objective on American Assets Trust in a research note on Friday, January 9th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $18.00.

American Assets Trust Stock Performance

NYSE:AAT opened at $18.58 on Friday. The stock has a 50 day simple moving average of $18.63 and a 200 day simple moving average of $19.37. The stock has a market cap of $1.14 billion, a P/E ratio of 20.41 and a beta of 0.98. American Assets Trust has a 1-year low of $16.69 and a 1-year high of $22.79. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 1.56.

American Assets Trust (NYSE:AAT) last posted its quarterly earnings data on Tuesday, February 3rd. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.43). American Assets Trust had a return on equity of 4.96% and a net margin of 12.76%.The firm had revenue of $110.09 million for the quarter, compared to the consensus estimate of $108.70 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Research analysts anticipate that American Assets Trust will post 1.94 earnings per share for the current year.

Institutional Trading of American Assets Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in shares of American Assets Trust by 38.7% during the first quarter. Royal Bank of Canada now owns 33,674 shares of the real estate investment trust’s stock worth $678,000 after purchasing an additional 9,393 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in American Assets Trust by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,490 shares of the real estate investment trust’s stock valued at $574,000 after purchasing an additional 1,240 shares in the last quarter. Jane Street Group LLC lifted its position in American Assets Trust by 534.0% in the 1st quarter. Jane Street Group LLC now owns 158,297 shares of the real estate investment trust’s stock valued at $3,188,000 after acquiring an additional 133,329 shares in the last quarter. Strs Ohio purchased a new stake in American Assets Trust in the 1st quarter valued at $175,000. Finally, Aberdeen Group plc increased its stake in American Assets Trust by 23.5% in the 2nd quarter. Aberdeen Group plc now owns 15,431 shares of the real estate investment trust’s stock valued at $305,000 after buying an additional 2,933 shares during the last quarter. 90.41% of the stock is currently owned by institutional investors.

American Assets Trust Company Profile

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.