American Assets Trust (NYSE:AAT) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

American Assets Trust, Inc. (NYSE:AAT) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.38 and traded as high as $20.14. American Assets Trust shares last traded at $20.10, with a volume of 439,186 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AAT. Morgan Stanley downgraded American Assets Trust from an “equal weight” rating to an “underweight” rating and set a $17.00 price target on the stock. in a report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a report on Wednesday, January 21st. Wall Street Zen raised American Assets Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Mizuho set a $19.00 target price on American Assets Trust in a research report on Friday, January 9th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, American Assets Trust presently has an average rating of “Reduce” and a consensus target price of $18.00.

American Assets Trust Stock Performance

The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.56. The company has a market capitalization of $1.20 billion, a PE ratio of 21.47 and a beta of 0.98. The business has a 50 day simple moving average of $18.67 and a 200 day simple moving average of $19.38.

American Assets Trust (NYSE:AAT) last released its earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.43). The company had revenue of $110.09 million during the quarter, compared to analyst estimates of $108.70 million. American Assets Trust had a return on equity of 4.96% and a net margin of 12.76%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Equities research analysts predict that American Assets Trust, Inc. will post 1.94 EPS for the current fiscal year.

American Assets Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 7.0%. The ex-dividend date is Thursday, March 5th. American Assets Trust’s dividend payout ratio is 149.45%.

Institutional Trading of American Assets Trust

Several institutional investors and hedge funds have recently bought and sold shares of AAT. Evergreen Capital Management LLC grew its position in American Assets Trust by 5.3% during the 3rd quarter. Evergreen Capital Management LLC now owns 10,907 shares of the real estate investment trust’s stock worth $222,000 after purchasing an additional 550 shares during the period. EverSource Wealth Advisors LLC raised its holdings in American Assets Trust by 34.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,289 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 585 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of American Assets Trust by 56.2% in the third quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 646 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of American Assets Trust by 95.2% in the third quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 696 shares during the period. Finally, Summit Global Investments grew its stake in shares of American Assets Trust by 2.9% in the 2nd quarter. Summit Global Investments now owns 25,511 shares of the real estate investment trust’s stock valued at $504,000 after buying an additional 716 shares during the period. 90.41% of the stock is currently owned by institutional investors and hedge funds.

About American Assets Trust

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.