214,863 Shares in American Assets Trust, Inc. $AAT Purchased by Argosy Lionbridge Management LLC

Argosy Lionbridge Management LLC purchased a new stake in shares of American Assets Trust, Inc. (NYSE:AAT) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 214,863 shares of the real estate investment trust’s stock, valued at approximately $4,366,000. American Assets Trust comprises 2.9% of Argosy Lionbridge Management LLC’s holdings, making the stock its 9th biggest position.

Several other large investors have also recently added to or reduced their stakes in AAT. JPMorgan Chase & Co. lifted its position in shares of American Assets Trust by 189.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,402,665 shares of the real estate investment trust’s stock worth $28,502,000 after acquiring an additional 918,635 shares during the period. Senvest Management LLC bought a new stake in shares of American Assets Trust during the second quarter valued at approximately $14,184,000. Waterfall Asset Management LLC acquired a new position in shares of American Assets Trust in the third quarter valued at $6,394,000. B&I Capital AG acquired a new position in shares of American Assets Trust in the second quarter valued at $5,838,000. Finally, Kennedy Capital Management LLC lifted its position in American Assets Trust by 54.3% in the second quarter. Kennedy Capital Management LLC now owns 491,979 shares of the real estate investment trust’s stock worth $9,717,000 after purchasing an additional 173,083 shares during the period. Institutional investors and hedge funds own 90.41% of the company’s stock.

American Assets Trust Stock Performance

Shares of NYSE:AAT opened at $18.77 on Friday. The business’s fifty day moving average price is $18.74 and its two-hundred day moving average price is $19.34. American Assets Trust, Inc. has a fifty-two week low of $16.69 and a fifty-two week high of $21.40. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 20.63 and a beta of 0.95. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.11 and a quick ratio of 3.11.

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

American Assets Trust Dividend Announcement

The company 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 dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Thursday, March 5th. American Assets Trust’s dividend payout ratio (DPR) is currently 149.45%.

Wall Street Analysts Forecast Growth

AAT has been the topic of several analyst reports. Wall Street Zen raised shares of American Assets Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Mizuho set a $19.00 price objective on shares of American Assets Trust in a report on Friday, January 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a research report on Wednesday, January 21st. Finally, Morgan Stanley cut shares of American Assets Trust from an “equal weight” rating to an “underweight” rating and set a $17.00 target price on the stock. in a research note on Friday, January 16th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $18.00.

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.