American Assets Trust, Inc. (NYSE:AAT) CEO Ernest S. Rady acquired 1,010 shares of American Assets Trust stock in a transaction that occurred on Monday, September 11th. The stock was purchased at an average price of $40.79 per share, with a total value of $41,197.90. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of American Assets Trust, Inc. (AAT) traded down 1.37% during midday trading on Tuesday, reaching $40.30. 169,327 shares of the company were exchanged. American Assets Trust, Inc. has a 52-week low of $37.54 and a 52-week high of $44.83. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 61.25 and a beta of 0.51. The company’s 50-day moving average price is $40.37 and its 200 day moving average price is $40.92.

American Assets Trust (NYSE:AAT) last posted its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.49 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.01). American Assets Trust had a return on equity of 3.94% and a net margin of 10.93%. The firm had revenue of $77.11 million during the quarter. On average, equities analysts predict that American Assets Trust, Inc. will post $0.62 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, September 14th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend is Wednesday, September 13th. American Assets Trust’s dividend payout ratio (DPR) is 157.58%.

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A number of hedge funds and other institutional investors have recently bought and sold shares of AAT. Perigon Wealth Management LLC bought a new position in American Assets Trust in the 1st quarter worth about $105,000. Advisor Group Inc. grew its position in American Assets Trust by 19.7% in the 2nd quarter. Advisor Group Inc. now owns 2,663 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 439 shares during the last quarter. LS Investment Advisors LLC grew its position in American Assets Trust by 75.0% in the 1st quarter. LS Investment Advisors LLC now owns 2,531 shares of the real estate investment trust’s stock worth $106,000 after purchasing an additional 1,085 shares during the last quarter. Elkfork Partners LLC grew its position in American Assets Trust by 10.8% in the 1st quarter. Elkfork Partners LLC now owns 2,884 shares of the real estate investment trust’s stock worth $121,000 after purchasing an additional 280 shares during the last quarter. Finally, Riverhead Capital Management LLC grew its position in American Assets Trust by 83.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,298 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 1,498 shares during the last quarter. Hedge funds and other institutional investors own 97.83% of the company’s stock.

A number of brokerages recently commented on AAT. Zacks Investment Research upgraded shares of American Assets Trust from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Thursday, August 24th. BidaskClub downgraded shares of American Assets Trust from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. Finally, TheStreet downgraded shares of American Assets Trust from a “b-” rating to a “c+” rating in a research report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $46.33.

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.

Insider Buying and Selling by Quarter for American Assets Trust (NYSE:AAT)

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