Quantinno Capital Management LP lifted its stake in shares of American Assets Trust, Inc. (NYSE:AAT – Free Report) by 149.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 67,506 shares of the real estate investment trust’s stock after buying an additional 40,465 shares during the quarter. Quantinno Capital Management LP’s holdings in American Assets Trust were worth $1,243,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. BROOKFIELD Corp ON grew its stake in American Assets Trust by 63.3% in the first quarter. BROOKFIELD Corp ON now owns 1,602 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 621 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake 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 valued at $34,000 after buying an additional 1,234 shares in the last quarter. Blue Trust Inc. raised its stake in American Assets Trust by 5,717.7% during the first quarter. Blue Trust Inc. now owns 3,607 shares of the real estate investment trust’s stock valued at $66,000 after buying an additional 3,545 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in American Assets Trust by 27.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock worth $79,000 after buying an additional 893 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in American Assets Trust by 32.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust’s stock worth $94,000 after buying an additional 1,165 shares during the last quarter. 90.41% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on AAT. Weiss Ratings upgraded American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Morgan Stanley raised their price objective on American Assets Trust from $18.00 to $24.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, American Assets Trust presently has an average rating of “Reduce” and an average price target of $21.50.
American Assets Trust Trading Down 1.1%
NYSE AAT opened at $22.72 on Friday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 2.46 and a current ratio of 2.46. American Assets Trust, Inc. has a one year low of $17.72 and a one year high of $25.97. The company has a 50-day simple moving average of $24.29 and a 200-day simple moving average of $21.46. The firm has a market capitalization of $1.39 billion, a PE ratio of 78.34 and a beta of 0.96.
American Assets Trust (NYSE:AAT – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). American Assets Trust had a return on equity of 1.66% and a net margin of 4.09%.The business had revenue of $109.48 million for the quarter, compared to analyst estimates of $110.64 million. American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. On average, equities analysts forecast that American Assets Trust, Inc. will post 2.03 earnings per share for the current year.
American Assets Trust Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.36 annualized dividend and a dividend yield of 6.0%. American Assets Trust’s dividend payout ratio is 468.97%.
American Assets Trust 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.
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