American Assets Trust Inc. (NYSE:AAT) shares saw strong trading volume on Friday . 194,370 shares traded hands during mid-day trading, a decline of 4% from the previous session’s volume of 201,607 shares.The stock last traded at $43.30 and had previously closed at $42.87.

A number of equities research analysts have recently issued reports on the stock. Bank of America Corp. restated a “buy” rating on shares of American Assets Trust in a research note on Thursday. Mizuho restated a “buy” rating on shares of American Assets Trust in a research note on Thursday, May 26th. Royal Bank Of Canada upped their target price on shares of American Assets Trust from $48.00 to $49.00 and gave the company an “outperform” rating in a research note on Monday, May 2nd. Finally, Canaccord Genuity restated a “buy” rating on shares of American Assets Trust in a research note on Wednesday, April 27th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. American Assets Trust has an average rating of “Buy” and an average price target of $47.25.

The firm has a market cap of $1.97 billion and a PE ratio of 51.34. The firm has a 50 day moving average of $41.12 and a 200-day moving average of $38.93.

American Assets Trust (NYSE:AAT) last released its quarterly earnings results on Tuesday, April 26th. The real estate investment trust reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. Equities research analysts expect that American Assets Trust Inc. will post $1.88 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 24th. Investors of record on Friday, June 10th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, June 8th. This represents a $1.00 dividend on an annualized basis and a yield of 2.31%.

In other news, Director Duane Nelles bought 7,000 shares of the stock in a transaction that occurred on Thursday, May 26th. The shares were acquired at an average cost of $39.76 per share, for a total transaction of $278,320.00. Following the purchase, the director now owns 1,678 shares of the company’s stock, valued at approximately $66,717.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in American Assets Trust by 14.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 447,322 shares of the real estate investment trust’s stock worth $17,156,000 after buying an additional 55,348 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in American Assets Trust by 1.9% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 525,000 shares of the real estate investment trust’s stock worth $20,134,000 after buying an additional 10,000 shares during the last quarter. Principal Financial Group Inc. raised its position in American Assets Trust by 5.5% in the fourth quarter. Principal Financial Group Inc. now owns 270,222 shares of the real estate investment trust’s stock worth $10,363,000 after buying an additional 14,176 shares during the last quarter. Bank of Montreal Can raised its position in American Assets Trust by 168.5% in the fourth quarter. Bank of Montreal Can now owns 87,209 shares of the real estate investment trust’s stock worth $3,344,000 after buying an additional 54,726 shares during the last quarter. Finally, Boston Partners raised its position in American Assets Trust by 8.6% in the fourth quarter. Boston Partners now owns 1,618,868 shares of the real estate investment trust’s stock worth $62,084,000 after buying an additional 128,497 shares during the last quarter.

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 attractive, high-barrier-to-entry markets in Southern California, Northern California, Oregon, Washington, Texas and Hawaii.

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