Denali Advisors LLC Takes $1.55 Million Position in American Assets Trust, Inc. $AAT

Denali Advisors LLC acquired a new stake in shares of American Assets Trust, Inc. (NYSE:AAT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 62,800 shares of the real estate investment trust’s stock, valued at approximately $1,551,000. Denali Advisors LLC owned approximately 0.10% of American Assets Trust at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Royal Bank of Canada grew its stake in American Assets Trust by 38.7% in the 1st quarter. Royal Bank of Canada now owns 33,674 shares of the real estate investment trust’s stock worth $678,000 after buying an additional 9,393 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of American Assets Trust by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,490 shares of the real estate investment trust’s stock worth $574,000 after buying an additional 1,240 shares during the period. Jane Street Group LLC raised its position in American Assets Trust by 534.0% during the 1st quarter. Jane Street Group LLC now owns 158,297 shares of the real estate investment trust’s stock valued at $3,188,000 after purchasing an additional 133,329 shares during the last quarter. Strs Ohio purchased a new stake in shares of American Assets Trust in the 1st quarter worth about $175,000. Finally, Creative Planning purchased a new position in shares of American Assets Trust in the 2nd quarter valued at approximately $253,000. Institutional investors own 90.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on AAT. Weiss Ratings raised American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Morgan Stanley upped 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. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $21.50.

American Assets Trust Trading Up 1.0%

Shares of AAT stock opened at $22.83 on Thursday. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 78.73 and a beta of 0.96. The stock’s 50-day moving average price is $24.19 and its 200-day moving average price is $21.58. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.61. American Assets Trust, Inc. has a 12-month low of $17.72 and a 12-month high of $25.97.

American Assets Trust (NYSE:AAT) last released its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). The business had revenue of $109.48 million for the quarter, compared to the consensus estimate 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. Equities research analysts predict that American Assets Trust, Inc. will post 2.03 EPS for the current fiscal year.

American Assets Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Thursday, September 3rd. American Assets Trust’s dividend payout ratio is presently 468.97%.

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.