American Assets Trust CEO Unloads $243,250 in Stock (AAT)
American Assets Trust (NYSE:AAT) CEO John W. Chamberlain sold 7,000 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $34.75, for a total value of $243,250.00. Following the sale, the chief executive officer now directly owns 190,877 shares of the company’s stock, valued at approximately $6,632,976. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of American Assets Trust (NYSE:AAT) traded down 0.20% during mid-day trading on Wednesday, hitting $34.81. 153,484 shares of the company’s stock traded hands. American Assets Trust has a 52-week low of $28.65 and a 52-week high of $35.84. The stock’s 50-day moving average is $35.05 and its 200-day moving average is $34.13. The company has a market cap of $1.483 billion and a P/E ratio of 82.46.
American Assets Trust (NYSE:AAT) last announced its earnings results on Wednesday, July 30th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. Analysts expect that American Assets Trust will post $1.60 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 26th. Shareholders of record on Friday, September 12th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Wednesday, September 10th.
American Assets Trust, Inc is a full-service vertically integrated and self-administered real estate investment trust (NYSE:AAT).
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