GSA Capital Partners LLP Has $1.22 Million Position in American Assets Trust, Inc. $AAT

GSA Capital Partners LLP cut its holdings in American Assets Trust, Inc. (NYSE:AAT) by 37.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 59,791 shares of the real estate investment trust’s stock after selling 35,610 shares during the quarter. GSA Capital Partners LLP owned approximately 0.10% of American Assets Trust worth $1,215,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Denali Advisors LLC bought a new stake in American Assets Trust during the 3rd quarter worth about $1,276,000. JPMorgan Chase & Co. lifted its position in shares of American Assets Trust by 189.8% during the third quarter. JPMorgan Chase & Co. now owns 1,402,665 shares of the real estate investment trust’s stock worth $28,502,000 after purchasing an additional 918,635 shares in the last quarter. Aberdeen Group plc grew its stake in shares of American Assets Trust by 13.8% during the third quarter. Aberdeen Group plc now owns 17,568 shares of the real estate investment trust’s stock valued at $355,000 after purchasing an additional 2,137 shares during the last quarter. Metis Global Partners LLC acquired a new stake in shares of American Assets Trust in the third quarter valued at approximately $216,000. Finally, Public Sector Pension Investment Board raised its position in American Assets Trust by 14.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 184,174 shares of the real estate investment trust’s stock worth $3,742,000 after purchasing an additional 23,389 shares during the last quarter. Institutional investors and hedge funds own 90.41% of the company’s stock.

American Assets Trust Stock Performance

Shares of AAT stock opened at $18.78 on Thursday. The stock has a 50-day moving average of $18.62 and a 200-day moving average of $19.36. American Assets Trust, Inc. has a one year low of $16.69 and a one year high of $22.79. The stock has a market cap of $1.15 billion, a PE ratio of 20.63 and a beta of 0.98. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.11 and a quick ratio of 3.11.

American Assets Trust (NYSE:AAT) last issued its earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.43). The firm had revenue of $110.09 million during the quarter, compared to the consensus estimate of $108.70 million. American Assets Trust had a net margin of 12.76% and a return on equity of 4.96%. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. As a group, sell-side analysts expect that American Assets Trust, Inc. will post 1.94 earnings per share for the current year.

American Assets Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Thursday, March 5th. American Assets Trust’s dividend payout ratio is 149.45%.

Analyst Ratings Changes

A number of brokerages have commented on AAT. Morgan Stanley lowered American Assets Trust from an “equal weight” rating to an “underweight” rating and set a $17.00 price objective on the stock. in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a report on Wednesday, January 21st. Mizuho set a $19.00 price objective on American Assets Trust in a research report on Friday, January 9th. Finally, Wall Street Zen upgraded shares of American Assets Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $18.00.

American Assets Trust Profile

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.