Strs Ohio Decreases Stake in American Assets Trust, Inc. $AAT

Strs Ohio cut its holdings in shares of American Assets Trust, Inc. (NYSE:AAT) by 69.3% in the 1st quarter, according to its most recent disclosure 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 period. Strs Ohio owned about 0.14% of American Assets Trust worth $1,591,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in American Assets Trust by 262.6% in 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 purchasing an additional 1,234 shares during the last quarter. Blue Trust Inc. increased its holdings in American Assets Trust by 5,717.7% during the 1st 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 during the last quarter. Federation des caisses Desjardins du Quebec raised its position in shares of American Assets Trust by 27.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 893 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of 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 valued at $94,000 after buying an additional 1,165 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position 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 worth $109,000 after buying an additional 833 shares in the last quarter. Institutional investors and hedge funds own 90.41% of the company’s stock.

American Assets Trust Price Performance

Shares of NYSE:AAT opened at $24.97 on Wednesday. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 1.58. American Assets Trust, Inc. has a fifty-two week low of $17.72 and a fifty-two week high of $25.55. The firm has a 50-day simple moving average of $23.09 and a 200 day simple moving average of $20.41. The company has a market cap of $1.53 billion, a PE ratio of 86.11 and a beta of 0.96.

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 business had revenue of $110.59 million during the quarter, compared to the consensus estimate 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, sell-side analysts anticipate that American Assets Trust, Inc. will post 2.03 EPS for the current year.

American Assets Trust Dividend Announcement

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

Wall Street Analysts Forecast Growth

AAT has been the topic of several recent analyst reports. Weiss Ratings raised shares of 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 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. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price 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.