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American Assets Trust (NYSE:AAT) major shareholder Ernest S. Rady purchased 5,000 shares of American Assets Trust stock on the open market in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average cost of $34.15 per share, with a total value of $170,750.00. Following the acquisition, the insider now directly owns 39,061 shares of the company’s stock, valued at approximately $1,333,933. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

American Assets Trust (NYSE:AAT) traded down 0.81% on Tuesday, hitting $34.29. 237,337 shares of the company’s stock traded hands. American Assets Trust has a one year low of $28.65 and a one year high of $35.22. The stock has a 50-day moving average of $34.18 and a 200-day moving average of $32.91. The company has a market cap of $1.438 billion and a P/E ratio of 83.70.

The company also recently announced a quarterly dividend, which is scheduled for Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Wednesday, June 11th.

American Assets Trust, Inc is a full-service vertically integrated and self-administered real estate investment trust (NYSE:AAT).

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