Quantinno Capital Management LP grew its holdings in American Assets Trust, Inc. (NYSE:AAT – Free Report) by 149.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 67,506 shares of the real estate investment trust’s stock after acquiring an additional 40,465 shares during the period. Quantinno Capital Management LP owned about 0.11% of American Assets Trust worth $1,243,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. BROOKFIELD Corp ON increased its holdings in American Assets Trust by 63.3% in the 1st quarter. BROOKFIELD Corp ON now owns 1,602 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 621 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of 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 purchasing an additional 1,234 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of 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 worth $66,000 after purchasing an additional 3,545 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its position 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 buying an additional 893 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of American Assets Trust by 32.3% in the second 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 period. Institutional investors and hedge funds own 90.41% of the company’s stock.
Analyst Upgrades and Downgrades
AAT has been the topic of several analyst reports. Morgan Stanley raised their target price on American Assets Trust from $18.00 to $24.00 and gave the company an “underweight” rating in a report on Wednesday, July 22nd. Weiss Ratings raised shares of American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, American Assets Trust currently has a consensus rating of “Reduce” and an average target price of $21.50.
American Assets Trust Stock Performance
Shares of AAT stock opened at $22.72 on Friday. American Assets Trust, Inc. has a 12 month low of $17.72 and a 12 month high of $25.97. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.46 and a quick ratio of 2.46. The firm has a market capitalization of $1.39 billion, a P/E ratio of 78.34 and a beta of 0.96. The company’s fifty day moving average price is $24.29 and its two-hundred day moving average price is $21.46.
American Assets Trust (NYSE:AAT – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The firm had revenue of $109.48 million during the quarter, compared to analysts’ expectations of $110.64 million. American Assets Trust had a net margin of 4.09% and a return on equity of 1.66%. American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. On average, research analysts anticipate 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 will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.0%. American Assets Trust’s dividend payout ratio (DPR) is presently 468.97%.
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.
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