American Assets Trust, Inc. (NYSE:AAT – Get Free Report)’s share price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $21.37 and traded as low as $21.12. American Assets Trust shares last traded at $21.1350, with a volume of 688,467 shares changing hands.
Trending Headlines about American Assets Trust
Here are the key news stories impacting American Assets Trust this week:
- Positive Sentiment: Third-quarter funds from operations (FFO) rose to $0.56 per share from $0.49 a year earlier, exceeding the $0.50 analyst consensus. Revenue reached $114.3 million, ahead of the approximately $111.9 million estimate. American Assets Trust Q3 FFO and Revenues Beat Estimates
- Positive Sentiment: American Assets Trust raised its 2026 FFO-per-share guidance to $2.04-$2.10, while same-store cash net operating income increased 8.3% year over year. The company also declared a quarterly common-stock dividend of $0.34 per share, payable December 17, 2026. American Assets Trust Reports $114.3 Million Q3 2026 Revenue
- Positive Sentiment: The REIT ended the quarter with approximately $589.6 million of liquidity, including $89.6 million in cash, supporting financial flexibility. Reported portfolio leasing was strong in retail at 98.3% and multifamily at 94.2%. American Assets Trust Reports Third Quarter 2026 Financial Results
- Neutral Sentiment: Executive Chairman Ernest Rady reportedly made substantial open-market purchases over the past six months. While insider buying can signal management confidence, it does not guarantee improved operating performance or stock appreciation. Insider Trading and Institutional Activity
- Negative Sentiment: Office portfolio leasing was only 85.8%, materially below the company’s retail and multifamily levels. Continued office vacancy could limit rent growth and remain an overhang despite the earnings and guidance beats. Portfolio Leasing Data
Analyst Ratings Changes
Several brokerages have commented on AAT. Morgan Stanley upped their price objective on shares of American Assets Trust from $18.00 to $24.00 and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Assets Trust in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $21.50.
Get Our Latest Research Report on AAT
American Assets Trust Trading Down 1.3%
The business has a fifty day simple moving average of $21.79 and a two-hundred day simple moving average of $21.37.
American Assets Trust (NYSE:AAT – Get Free Report) last announced its earnings results on Tuesday, October 27th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.04. The firm had revenue of $114.28 million during the quarter, compared to the consensus estimate of $111.87 million. As a group, sell-side analysts expect that American Assets Trust, Inc. will post 2.03 earnings per share for the current fiscal year.
Hedge Funds Weigh In On American Assets Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Signaturefd LLC lifted its position in American Assets Trust by 106.2% during the 3rd quarter. Signaturefd LLC now owns 4,888 shares of the real estate investment trust’s stock valued at $104,000 after acquiring an additional 2,517 shares during the period. Inspire Investing LLC grew its holdings in American Assets Trust by 4.4% in the third quarter. Inspire Investing LLC now owns 35,343 shares of the real estate investment trust’s stock worth $751,000 after purchasing an additional 1,496 shares during the period. Cyndeo Wealth Partners LLC purchased a new stake in American Assets Trust in the third quarter worth about $212,000. Retirement Planning Co of New England Inc. grew its holdings in American Assets Trust by 24.5% in the third quarter. Retirement Planning Co of New England Inc. now owns 10,670 shares of the real estate investment trust’s stock worth $227,000 after purchasing an additional 2,100 shares during the period. Finally, Mystic Asset Management Inc. increased its stake in shares of American Assets Trust by 19.6% during the third quarter. Mystic Asset Management Inc. now owns 19,210 shares of the real estate investment trust’s stock valued at $408,000 after purchasing an additional 3,150 shares in the last quarter. Hedge funds and other institutional investors own 90.41% of the company’s stock.
About American Assets Trust
American Assets Trust, Inc (NYSE:AAT) is a self-administered and self-managed real estate investment trust (REIT) that owns, operates, acquires and develops primarily commercial and residential properties. Its portfolio includes office buildings, retail centers and multifamily communities.
The company focuses on high-quality properties in markets with attractive economic and demographic characteristics. Its properties are concentrated in select coastal regions of the United States, including Southern California, Northern California, Washington and Hawaii.
American Assets Trust traces its roots to a real estate business established by Ernest S.
Featured Articles
- Five stocks we like better than American Assets Trust
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Receive News & Ratings for American Assets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Assets Trust and related companies with MarketBeat.com's FREE daily email newsletter.
