American Assets Trust (NYSE:AAT) Releases Earnings Results, Misses Estimates By $0.01 EPS

American Assets Trust (NYSE:AAT) announced its quarterly earnings results on Tuesday. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01), FiscalAI reports. American Assets Trust had a return on equity of 1.65% and a net margin of 4.16%.The company had revenue of $109.48 million during the quarter, compared to analysts’ expectations of $110.64 million. American Assets Trust updated its FY 2026 guidance to 2.030-2.030 EPS.

American Assets Trust Stock Performance

NYSE AAT traded down $0.18 on Tuesday, hitting $24.14. 351,771 shares of the company traded hands, compared to its average volume of 422,970. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 83.26 and a beta of 0.96. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 1.58. The business’s 50 day moving average price is $24.21 and its 200-day moving average price is $21.01. American Assets Trust has a 52-week low of $17.72 and a 52-week high of $25.97.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Invesco Ltd. lifted its position in shares of American Assets Trust by 38.9% during the 4th quarter. Invesco Ltd. now owns 649,695 shares of the real estate investment trust’s stock valued at $12,299,000 after buying an additional 181,900 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in American Assets Trust by 39.6% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 404,709 shares of the real estate investment trust’s stock worth $7,661,000 after acquiring an additional 114,772 shares during the period. XTX Topco Ltd bought a new stake in American Assets Trust during the 4th quarter worth approximately $770,000. VARCOV Co. purchased a new position in American Assets Trust during the fourth quarter valued at approximately $198,000. Finally, Odyssean LLC purchased a new position in American Assets Trust during the fourth quarter valued at approximately $414,000. Institutional investors own 90.41% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on AAT shares. 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. Morgan Stanley increased their target price 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 research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $21.50.

About American Assets Trust

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.