American Assets Trust, Inc. (NYSE:AAT) CEO Ernest S. Rady acquired 18,292 shares of American Assets Trust stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average cost of $40.35 per share, with a total value of $738,082.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

American Assets Trust, Inc. (AAT) traded down 1.04% during trading on Friday, hitting $39.85. The stock had a trading volume of 365,366 shares. American Assets Trust, Inc. has a 1-year low of $37.54 and a 1-year high of $46.02. The stock has a market cap of $1.88 billion, a PE ratio of 60.56 and a beta of 0.52. The firm’s 50-day moving average price is $39.94 and its 200-day moving average price is $41.27.

American Assets Trust (NYSE:AAT) last released its earnings results on Tuesday, August 1st. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.50 by $0.01. The business had revenue of $77.11 million during the quarter. American Assets Trust had a net margin of 10.93% and a return on equity of 3.94%. On average, equities research analysts predict that American Assets Trust, Inc. will post $0.62 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, September 14th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, September 13th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.61%. American Assets Trust’s payout ratio is currently 157.58%.

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AAT has been the subject of several research reports. BidaskClub cut American Assets Trust from a “sell” rating to a “strong sell” rating in a report on Thursday, June 22nd. TheStreet cut American Assets Trust from a “b-” rating to a “c+” rating in a report on Wednesday, July 26th. Finally, Zacks Investment Research raised American Assets Trust from a “sell” rating to a “hold” rating in a report on Wednesday, May 24th. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $46.00.

Several hedge funds have recently added to or reduced their stakes in AAT. United Capital Financial Advisers LLC raised its stake in American Assets Trust by 0.4% in the first quarter. United Capital Financial Advisers LLC now owns 8,469 shares of the real estate investment trust’s stock worth $354,000 after buying an additional 31 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its stake in American Assets Trust by 1.0% in the first quarter. Municipal Employees Retirement System of Michigan now owns 9,180 shares of the real estate investment trust’s stock worth $384,000 after buying an additional 90 shares during the last quarter. Pinebridge Investments L.P. raised its stake in American Assets Trust by 2.5% in the second quarter. Pinebridge Investments L.P. now owns 5,462 shares of the real estate investment trust’s stock worth $216,000 after buying an additional 132 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in American Assets Trust by 0.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,211 shares of the real estate investment trust’s stock worth $2,352,000 after buying an additional 274 shares during the last quarter. Finally, Elkfork Partners LLC raised its stake in American Assets Trust by 10.8% in the first quarter. Elkfork Partners LLC now owns 2,884 shares of the real estate investment trust’s stock worth $121,000 after buying an additional 280 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

American Assets Trust Company Profile

American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in Southern California, Northern California, Oregon, Washington, Texas and Hawaii markets.

Insider Buying and Selling by Quarter for American Assets Trust (NYSE:AAT)

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