American Assets Trust (NYSE:AAT) Receives News Impact Score of 0.10
News headlines about American Assets Trust (NYSE:AAT) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Assets Trust earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 47.0528440738622 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Ernest S. Rady Acquires 17,379 Shares of American Assets Trust, Inc. (AAT) Stock (americanbankingnews.com)
- American Assets Trust, Inc. (AAT) CEO Ernest S. Rady Purchases 46,508 Shares (americanbankingnews.com)
- See what the IHS Markit Score report has to say about American Assets Trust Inc. (finance.yahoo.com)
- American Assets Trust, Inc. (NYSE:AAT) CEO Ernest S. Rady Buys 52,778 Shares (americanbankingnews.com)
- American Assets Trust, Inc. breached its 50 day moving average in a Bearish Manner : AAT-US : August 9, 2017 (finance.yahoo.com)
Shares of American Assets Trust (NYSE AAT) traded down 0.70% during trading on Friday, reaching $39.77. 370,255 shares of the company traded hands. The stock has a market capitalization of $1.87 billion, a P/E ratio of 60.44 and a beta of 0.52. The firm’s 50 day moving average is $39.88 and its 200-day moving average is $41.35. American Assets Trust has a 12-month low of $37.54 and a 12-month high of $45.50.
American Assets Trust (NYSE:AAT) last announced its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.01. American Assets Trust had a net margin of 10.93% and a return on equity of 3.94%. The company had revenue of $77.11 million for the quarter. On average, equities research analysts anticipate that American Assets Trust will post $0.77 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, September 14th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend is Wednesday, September 13th. American Assets Trust’s dividend payout ratio (DPR) is presently 157.58%.
Several analysts have recently commented on AAT shares. Zacks Investment Research upgraded American Assets Trust from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research note on Friday, July 14th. BidaskClub upgraded American Assets Trust from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 15th. Finally, TheStreet downgraded American Assets Trust from a “b-” rating to a “c+” rating in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $46.00.
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In other American Assets Trust news, CEO Ernest S. Rady acquired 47,976 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were acquired at an average price of $38.55 per share, for a total transaction of $1,849,474.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ernest S. Rady acquired 3,321 shares of the business’s stock in a transaction on Monday, June 12th. The stock was acquired at an average price of $40.97 per share, for a total transaction of $136,061.37. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 653,834 shares of company stock worth $25,911,886. Corporate insiders own 34.15% of the company’s stock.
American Assets Trust Company Profile
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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