American Assets Trust, Inc. (NYSE:AAT) CEO Ernest S. Rady acquired 46,508 shares of American Assets Trust stock in a transaction on Friday, August 11th. The stock was acquired at an average cost of $40.00 per share, for a total transaction of $1,860,320.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

American Assets Trust, Inc. (AAT) opened at 39.77 on Monday. The company has a market capitalization of $1.87 billion, a PE ratio of 60.44 and a beta of 0.52. The firm has a 50-day moving average of $39.88 and a 200-day moving average of $41.35. American Assets Trust, Inc. has a 52 week low of $37.54 and a 52 week high of $46.02.

American Assets Trust (NYSE:AAT) last posted its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.01. The business had revenue of $77.11 million during the quarter. American Assets Trust had a return on equity of 3.94% and a net margin of 10.93%. Equities analysts expect that American Assets Trust, Inc. will post $0.77 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, September 14th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, September 13th. This represents a $1.04 annualized dividend and a dividend yield of 2.62%. American Assets Trust’s payout ratio is 157.58%.

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A number of equities analysts have issued reports on AAT shares. BidaskClub cut shares of American Assets Trust from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. TheStreet cut shares of American Assets Trust from a “b-” rating to a “c+” rating in a research note on Wednesday, July 26th. Finally, Zacks Investment Research raised shares of American Assets Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, May 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $46.00.

Several institutional investors have recently bought and sold shares of the company. Perigon Wealth Management LLC acquired a new position in American Assets Trust during the first quarter valued at $105,000. LS Investment Advisors LLC increased its position in American Assets Trust by 75.0% in the first quarter. LS Investment Advisors LLC now owns 2,531 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 1,085 shares during the last quarter. Advisor Group Inc. increased its position in American Assets Trust by 19.7% in the second quarter. Advisor Group Inc. now owns 2,663 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 439 shares during the last quarter. Elkfork Partners LLC increased its position in American Assets Trust by 10.8% in the first quarter. Elkfork Partners LLC now owns 2,884 shares of the real estate investment trust’s stock valued at $121,000 after buying an additional 280 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its position in American Assets Trust by 39.1% in the first quarter. Daiwa Securities Group Inc. now owns 3,200 shares of the real estate investment trust’s stock valued at $134,000 after buying an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

American Assets Trust Company Profile

American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in Southern California, Northern California, Oregon, Washington, Texas and Hawaii markets.

Insider Buying and Selling by Quarter for American Assets Trust (NYSE:AAT)

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