Teachers Retirement System of The State of Kentucky maintained its position in American Assets Trust, Inc. (NYSE:AAT) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,600 shares of the real estate investment trust’s stock at the end of the second quarter. Teachers Retirement System of The State of Kentucky’s holdings in American Assets Trust were worth $536,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Perigon Wealth Management LLC acquired a new position in shares of American Assets Trust in the first quarter worth approximately $105,000. Advisor Group Inc. lifted its stake in shares of 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 worth $105,000 after acquiring an additional 439 shares during the period. Riverhead Capital Management LLC lifted its stake in shares of American Assets Trust by 83.2% in the second quarter. Riverhead Capital Management LLC now owns 3,298 shares of the real estate investment trust’s stock worth $130,000 after acquiring an additional 1,498 shares during the period. Ameritas Investment Partners Inc. acquired a new position in shares of American Assets Trust in the first quarter worth approximately $141,000. Finally, Daiwa Securities Group Inc. lifted its stake in shares of American Assets Trust by 15.6% in the second quarter. Daiwa Securities Group Inc. now owns 3,700 shares of the real estate investment trust’s stock worth $146,000 after acquiring an additional 500 shares during the period. 97.81% of the stock is currently owned by institutional investors.

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A number of equities analysts recently commented on AAT shares. BidaskClub lowered American Assets Trust from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. TheStreet lowered American Assets Trust from a “b-” rating to a “c+” rating in a research note on Wednesday, July 26th. Finally, Zacks Investment Research lowered American Assets Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. American Assets Trust currently has an average rating of “Hold” and a consensus price target of $46.33.

American Assets Trust, Inc. (NYSE AAT) opened at 40.20 on Thursday. American Assets Trust, Inc. has a 52 week low of $37.54 and a 52 week high of $44.83. The firm has a 50-day moving average price of $40.46 and a 200 day moving average price of $40.58. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 61.09 and a beta of 0.51.

American Assets Trust (NYSE:AAT) last issued its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.49 earnings per share for the quarter, missing the Zacks’ 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%. On average, equities research analysts forecast that American Assets Trust, Inc. will post $0.62 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, September 14th were given a $0.26 dividend. The ex-dividend date was Wednesday, September 13th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.59%. American Assets Trust’s dividend payout ratio is currently 157.58%.

In other American Assets Trust news, CEO Ernest S. Rady acquired 1,010 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were purchased at an average cost of $40.79 per share, for a total transaction of $41,197.90. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ernest S. Rady acquired 52,778 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was acquired at an average price of $40.17 per share, for a total transaction of $2,120,092.26. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 424,319 shares of company stock worth $17,117,491. Corporate insiders own 34.15% of the company’s stock.

American Assets Trust 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.

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Institutional Ownership by Quarter for American Assets Trust (NYSE:AAT)

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