Deutsche Bank AG Buys Shares of 64,254 American Assets Trust, Inc. $AAT

Deutsche Bank AG acquired a new stake in shares of American Assets Trust, Inc. (NYSE:AAT) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 64,254 shares of the real estate investment trust’s stock, valued at approximately $1,586,000.

Several other institutional investors and hedge funds have also bought and sold shares of AAT. Senvest Management LLC grew its position in American Assets Trust by 62.4% during the fourth quarter. Senvest Management LLC now owns 2,929,436 shares of the real estate investment trust’s stock worth $55,454,000 after buying an additional 1,125,474 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of American Assets Trust during the 2nd quarter valued at $11,162,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of American Assets Trust during the 4th quarter valued at $7,124,000. Citadel Advisors LLC lifted its holdings in shares of American Assets Trust by 306.7% during the 3rd quarter. Citadel Advisors LLC now owns 493,832 shares of the real estate investment trust’s stock worth $10,035,000 after acquiring an additional 372,397 shares during the last quarter. Finally, Strs Ohio lifted its holdings in shares of American Assets Trust by 2,773.5% during the 4th quarter. Strs Ohio now owns 281,600 shares of the real estate investment trust’s stock worth $5,331,000 after acquiring an additional 271,800 shares during the last quarter. 90.41% of the stock is currently owned by hedge funds and other institutional investors.

American Assets Trust Price Performance

AAT stock opened at $22.48 on Friday. The firm’s 50-day moving average price is $24.00 and its two-hundred day moving average price is $21.77. American Assets Trust, Inc. has a 12-month low of $17.72 and a 12-month high of $25.97. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 77.52 and a beta of 0.96. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.61.

American Assets Trust (NYSE:AAT) last issued its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). The firm had revenue of $109.48 million for the quarter, compared to the consensus estimate of $110.64 million. American Assets Trust had a net margin of 4.09% and a return on equity of 1.66%. American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. As a group, equities analysts predict that American Assets Trust, Inc. will post 2.03 earnings per share for the current year.

American Assets Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $0.34 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $1.36 annualized dividend and a yield of 6.0%. American Assets Trust’s payout ratio is 468.97%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AAT. Morgan Stanley increased their target price on American Assets Trust from $18.00 to $24.00 and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $21.50.

American Assets Trust Company 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.