SG Americas Securities LLC Makes New $630,000 Investment in American Assets Trust, Inc. $AAT

SG Americas Securities LLC acquired a new position in shares of American Assets Trust, Inc. (NYSE:AAT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 30,982 shares of the real estate investment trust’s stock, valued at approximately $630,000. SG Americas Securities LLC owned approximately 0.05% of American Assets Trust as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its holdings in American Assets Trust by 262.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,704 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 1,234 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of American Assets Trust by 32.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust’s stock valued at $94,000 after acquiring an additional 1,165 shares during the period. State of Wyoming increased its stake in shares of American Assets Trust by 131.5% during the 2nd quarter. State of Wyoming now owns 5,646 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 3,207 shares during the last quarter. CWM LLC increased its stake in shares of American Assets Trust by 229.6% during the 2nd quarter. CWM LLC now owns 8,382 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 5,839 shares during the last quarter. Finally, Virtus Investment Advisers LLC raised its holdings in shares of American Assets Trust by 47.1% in the 2nd quarter. Virtus Investment Advisers LLC now owns 8,480 shares of the real estate investment trust’s stock valued at $167,000 after purchasing an additional 2,715 shares during the period. Institutional investors and hedge funds own 90.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AAT. Weiss Ratings reissued a “hold (c)” rating on shares of American Assets Trust in a research report on Wednesday. Wall Street Zen lowered American Assets Trust from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Mizuho set a $19.00 price target on American Assets Trust in a report on Friday, January 9th. Finally, Morgan Stanley cut 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 research report on Friday, January 16th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $18.00.

American Assets Trust Trading Down 1.0%

Shares of American Assets Trust stock opened at $18.10 on Friday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.34 and a current ratio of 3.34. The firm has a 50-day moving average of $18.88 and a 200-day moving average of $19.60. American Assets Trust, Inc. has a 52-week low of $16.69 and a 52-week high of $25.06. The stock has a market cap of $1.11 billion, a PE ratio of 17.92 and a beta of 0.98.

American Assets Trust (NYSE:AAT) last issued its quarterly earnings data on Tuesday, October 28th. The real estate investment trust reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. American Assets Trust had a net margin of 13.98% and a return on equity of 5.43%. The business had revenue of $109.58 million during the quarter, compared to analysts’ expectations of $105.71 million. American Assets Trust has set its FY 2025 guidance at 1.930-2.010 EPS. As a group, sell-side analysts forecast that American Assets Trust, Inc. will post 1.94 EPS for the current year.

American Assets Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $1.36 dividend on an annualized basis and a yield of 7.5%. American Assets Trust’s dividend payout ratio is currently 134.65%.

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.