UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $7.74 Million Stock Holdings in American Assets Trust, Inc. $AAT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in American Assets Trust, Inc. (NYSE:AAT) by 9,416.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 313,371 shares of the real estate investment trust’s stock after purchasing an additional 310,078 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in American Assets Trust were worth $7,737,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of AAT. BROOKFIELD Corp ON boosted its position in American Assets Trust by 63.3% during the first 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 during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of 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 buying an additional 1,234 shares in the last quarter. Allworth Financial LP acquired a new position in American Assets Trust during the second quarter worth $38,000. Blue Trust Inc. raised its position 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 worth $66,000 after acquiring an additional 3,545 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its stake in 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 valued at $79,000 after acquiring an additional 893 shares during the last quarter. Institutional investors and hedge funds own 90.41% of the company’s stock.

American Assets Trust Stock Performance

AAT opened at $22.06 on Tuesday. 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 business has a fifty day simple moving average of $23.71 and a 200 day simple moving average of $21.95. American Assets Trust, Inc. has a 1 year low of $17.72 and a 1 year high of $25.97. The company has a market capitalization of $1.35 billion, a PE ratio of 76.07 and a beta of 0.95.

American Assets Trust (NYSE:AAT) 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 the consensus estimate of $0.10 by ($0.01). The firm had revenue of $109.48 million for the quarter, compared to the consensus estimate of $110.64 million. American Assets Trust had a return on equity of 1.66% and a net margin of 4.09%.American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. Research analysts expect that American Assets Trust, Inc. will post 2.03 EPS for the current year.

American Assets Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $0.34 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.36 dividend on an annualized basis and a yield of 6.2%. American Assets Trust’s payout ratio is currently 468.97%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AAT. Morgan Stanley upped their target price on shares of 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 reiterated a “hold (c)” rating on shares of American Assets Trust in a research note on Tuesday, August 18th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price 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.