American Assets Trust, Inc. $AAT Shares Sold by Strs Ohio

Strs Ohio trimmed its holdings in American Assets Trust, Inc. (NYSE:AAT) by 69.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,400 shares of the real estate investment trust’s stock after selling 195,200 shares during the quarter. Strs Ohio’s holdings in American Assets Trust were worth $1,591,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in American Assets Trust by 262.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,704 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 1,234 shares in the last quarter. Blue Trust Inc. grew its stake in shares of American Assets Trust by 5,717.7% in the first quarter. Blue Trust Inc. now owns 3,607 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 3,545 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of American Assets Trust by 27.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 893 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of American Assets Trust by 32.3% during the second quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 1,165 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of American Assets Trust by 16.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,758 shares of the real estate investment trust’s stock valued at $109,000 after purchasing an additional 833 shares during the period. 90.41% of the stock is currently owned by institutional investors and hedge funds.

American Assets Trust Price Performance

NYSE AAT opened at $24.97 on Wednesday. American Assets Trust, Inc. has a 1 year low of $17.72 and a 1 year high of $25.55. The business’s fifty day moving average is $23.09 and its two-hundred day moving average is $20.41. The stock has a market capitalization of $1.53 billion, a P/E ratio of 86.11 and a beta of 0.96. The company has a debt-to-equity ratio of 1.58, a quick ratio of 3.04 and a current ratio of 3.04.

American Assets Trust (NYSE:AAT) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The company had revenue of $110.59 million during the quarter, compared to analyst estimates of $109.78 million. American Assets Trust had a return on equity of 1.65% and a net margin of 4.16%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. On average, research analysts forecast that American Assets Trust, Inc. will post 2.03 earnings per share for the current fiscal year.

American Assets Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $0.34 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.36 dividend on an annualized basis and a yield of 5.4%. American Assets Trust’s dividend payout ratio (DPR) is currently 468.97%.

Wall Street Analysts Forecast Growth

AAT has been the subject of several research analyst reports. Morgan Stanley upped their price objective on shares of American Assets Trust from $17.00 to $18.00 and gave the stock an “underweight” rating in a report on Thursday, March 26th. Weiss Ratings upgraded shares of American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, American Assets Trust has a consensus rating of “Reduce” and an average price target of $18.50.

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.