American Assets Trust, Inc. (NYSE:AAT) shares hit a new 52-week low on Tuesday . The stock traded as low as $36.66 and last traded at $37.22, with a volume of 131600 shares. The stock had previously closed at $37.14.

Several research analysts recently weighed in on the stock. Mizuho reaffirmed a “hold” rating and issued a $40.00 target price on shares of American Assets Trust in a report on Friday, November 10th. Bank of America downgraded shares of American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 target price for the company. in a report on Thursday, November 2nd. Finally, Zacks Investment Research downgraded shares of American Assets Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $44.00.

The stock has a market cap of $1,710.00, a P/E ratio of 54.25, a P/E/G ratio of 3.17 and a beta of 0.52. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.76 and a quick ratio of 2.76.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th were paid a $0.27 dividend. The ex-dividend date was Wednesday, December 6th. This represents a $1.08 annualized dividend and a yield of 2.97%. This is a boost from American Assets Trust’s previous quarterly dividend of $0.26. American Assets Trust’s payout ratio is presently 161.19%.

In related news, CEO Ernest S. Rady purchased 26,230 shares of the firm’s stock in a transaction on Monday, November 6th. The shares were acquired at an average price of $38.62 per share, for a total transaction of $1,013,002.60. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ernest S. Rady purchased 15,034 shares of the firm’s stock in a transaction on Friday, December 8th. The stock was bought at an average price of $38.47 per share, for a total transaction of $578,357.98. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 267,939 shares of company stock worth $10,441,454. Corporate insiders own 34.15% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in AAT. Numeric Investors LLC purchased a new stake in shares of American Assets Trust during the 2nd quarter valued at about $16,475,000. American Assets Inc. raised its position in shares of American Assets Trust by 5.8% during the 3rd quarter. American Assets Inc. now owns 6,225,262 shares of the real estate investment trust’s stock valued at $247,579,000 after buying an additional 342,421 shares in the last quarter. BlackRock Inc. raised its position in shares of American Assets Trust by 3.6% during the 2nd quarter. BlackRock Inc. now owns 5,914,797 shares of the real estate investment trust’s stock valued at $232,982,000 after buying an additional 203,106 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of American Assets Trust by 131.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 292,463 shares of the real estate investment trust’s stock valued at $11,520,000 after buying an additional 166,072 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of American Assets Trust by 51.4% during the 3rd quarter. Sei Investments Co. now owns 443,439 shares of the real estate investment trust’s stock valued at $21,504,000 after buying an additional 150,483 shares in the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

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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.

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