Vanguard Group Inc. Has $145.33 Million Stake in American Assets Trust, Inc. $AAT

Vanguard Group Inc. raised its position in shares of American Assets Trust, Inc. (NYSE:AAT) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,677,140 shares of the real estate investment trust’s stock after buying an additional 132,887 shares during the period. Vanguard Group Inc. owned about 12.55% of American Assets Trust worth $145,328,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of AAT. JPMorgan Chase & Co. increased its holdings 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 buying an additional 918,635 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of American Assets Trust by 306.7% during the third quarter. Citadel Advisors LLC now owns 493,832 shares of the real estate investment trust’s stock worth $10,035,000 after buying an additional 372,397 shares in the last quarter. Waterfall Asset Management LLC acquired a new stake in shares of American Assets Trust during the third quarter worth approximately $6,394,000. Argosy Lionbridge Management LLC bought a new stake in shares of American Assets Trust during the third quarter valued at approximately $4,366,000. Finally, Invesco Ltd. grew its stake in shares of American Assets Trust by 48.1% during the second quarter. Invesco Ltd. now owns 496,405 shares of the real estate investment trust’s stock valued at $9,804,000 after purchasing an additional 161,303 shares during the last quarter. Institutional investors and hedge funds own 90.41% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings cut shares of American Assets Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Wall Street Zen raised shares of American Assets Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Morgan Stanley increased their price target on shares of American Assets Trust from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Thursday, March 26th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $18.50.

American Assets Trust Price Performance

AAT opened at $20.98 on Tuesday. American Assets Trust, Inc. has a one year low of $17.72 and a one year high of $21.61. The company has a debt-to-equity ratio of 1.58, a current ratio of 3.04 and a quick ratio of 3.04. The company’s 50 day simple moving average is $19.61 and its 200-day simple moving average is $19.16. The stock has a market capitalization of $1.29 billion, a P/E ratio of 72.34 and a beta of 0.95.

American Assets Trust (NYSE:AAT) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). American Assets Trust had a net margin of 4.16% and a return on equity of 1.65%. The company had revenue of $110.59 million for the quarter, compared to the consensus estimate of $109.78 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Sell-side analysts anticipate that American Assets Trust, Inc. will post 2.03 earnings per share for the current fiscal year.

American Assets Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.36 dividend on an annualized basis and a yield of 6.5%. American Assets Trust’s dividend payout ratio (DPR) is presently 468.97%.

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.