American Assets Trust, Inc. (NYSE:AAT)‘s stock had its “hold” rating restated by analysts at Mizuho in a note issued to investors on Friday. They currently have a $40.00 price target on the real estate investment trust’s stock. Mizuho’s target price points to a potential upside of 1.70% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Zacks Investment Research upgraded American Assets Trust from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Thursday, August 31st. TheStreet cut American Assets Trust from a “b-” rating to a “c+” rating in a report on Wednesday, July 26th. Bank of America Corporation cut American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 target price on the stock. in a report on Thursday, November 2nd. Finally, BidaskClub upgraded American Assets Trust from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. American Assets Trust currently has an average rating of “Hold” and a consensus price target of $44.00.

Shares of American Assets Trust (NYSE AAT) traded down $0.09 on Friday, hitting $39.33. The company had a trading volume of 259,500 shares, compared to its average volume of 245,699. American Assets Trust has a 12 month low of $36.79 and a 12 month high of $44.83. The company has a current ratio of 2.76, a quick ratio of 1.78 and a debt-to-equity ratio of 1.56. The company has a market cap of $1,857.78, a PE ratio of 20.42, a P/E/G ratio of 3.45 and a beta of 0.52.

COPYRIGHT VIOLATION NOTICE: “American Assets Trust, Inc. (AAT) Stock Rating Reaffirmed by Mizuho” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/11/11/american-assets-trust-inc-aat-stock-rating-reaffirmed-by-mizuho.html.

In related news, CEO Ernest S. Rady acquired 18,292 shares of the company’s stock in a transaction on Thursday, August 17th. The shares were acquired at an average cost of $40.35 per share, for a total transaction of $738,082.20. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Ernest S. Rady acquired 37,498 shares of the company’s stock in a transaction on Friday, August 18th. The shares were bought at an average price of $40.10 per share, for a total transaction of $1,503,669.80. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 419,039 shares of company stock worth $16,760,429. Company insiders own 34.15% of the company’s stock.

Large investors have recently modified their holdings of the business. Marshall Wace North America L.P. bought a new position in American Assets Trust during the 2nd quarter valued at $1,305,000. Adelante Capital Management LLC increased its position in shares of American Assets Trust by 28.9% during the 2nd quarter. Adelante Capital Management LLC now owns 377,455 shares of the real estate investment trust’s stock valued at $14,868,000 after purchasing an additional 84,714 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of American Assets Trust by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 126,391 shares of the real estate investment trust’s stock valued at $5,288,000 after purchasing an additional 45,151 shares during the last quarter. Capital Fund Management S.A. purchased a new stake in shares of American Assets Trust during the 2nd quarter valued at $1,201,000. Finally, IndexIQ Advisors LLC purchased a new stake in shares of American Assets Trust during the 2nd quarter valued at $1,891,000. Institutional investors and hedge funds own 97.95% of the company’s stock.

About American Assets Trust

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.

Receive News & Stock Ratings for American Assets Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Assets Trust Inc. and related stocks with our FREE daily email newsletter.