Analysts expect that American Assets Trust, Inc. (NYSE:AAT) will announce $0.55 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for American Assets Trust’s earnings, with estimates ranging from $0.54 to $0.55. American Assets Trust posted earnings per share of $0.19 in the same quarter last year, which would suggest a positive year-over-year growth rate of 189.5%. The business is expected to report its next earnings results on Tuesday, February 13th.

According to Zacks, analysts expect that American Assets Trust will report full year earnings of $2.02 per share for the current fiscal year, with EPS estimates ranging from $2.01 to $2.02. For the next year, analysts forecast that the company will post earnings of $2.22 per share, with EPS estimates ranging from $2.19 to $2.23. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that follow American Assets Trust.

American Assets Trust (NYSE:AAT) last released its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.01). American Assets Trust had a return on equity of 3.97% and a net margin of 10.90%. The firm had revenue of $77.11 million for the quarter.

A number of equities research analysts have weighed in on the company. Bank of America Corporation downgraded American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 target price for the company. in a report on Thursday. Zacks Investment Research cut American Assets Trust from a “hold” rating to a “sell” rating in a research note on Tuesday. BidaskClub raised American Assets Trust from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Finally, TheStreet cut American Assets Trust from a “b-” rating to a “c+” rating in a research note on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. American Assets Trust currently has an average rating of “Hold” and an average price target of $45.00.

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In related news, CEO Ernest S. Rady bought 21,553 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were bought at an average price of $40.83 per share, with a total value of $880,008.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ernest S. Rady bought 1,010 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The shares were bought at an average cost of $40.79 per share, for a total transaction of $41,197.90. The disclosure for this purchase can be found here. Insiders acquired 424,319 shares of company stock valued at $17,117,491 in the last three months. Insiders own 34.15% of the company’s stock.

Several large investors have recently made changes to their positions in AAT. Alliancebernstein L.P. boosted its position in shares of American Assets Trust by 3.4% during the first quarter. Alliancebernstein L.P. now owns 82,838 shares of the real estate investment trust’s stock valued at $3,466,000 after buying an additional 2,701 shares during the last quarter. California Public Employees Retirement System boosted its position in shares of American Assets Trust by 1.3% during the first quarter. California Public Employees Retirement System now owns 64,200 shares of the real estate investment trust’s stock valued at $2,686,000 after buying an additional 800 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of American Assets Trust by 3.6% during the first quarter. Vanguard Group Inc. now owns 6,031,452 shares of the real estate investment trust’s stock valued at $252,356,000 after buying an additional 208,727 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of American Assets Trust by 25.9% during the first quarter. Geode Capital Management LLC now owns 395,897 shares of the real estate investment trust’s stock valued at $16,564,000 after buying an additional 81,422 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of American Assets Trust by 6.6% during the first quarter. Dimensional Fund Advisors LP now owns 486,671 shares of the real estate investment trust’s stock valued at $20,362,000 after buying an additional 30,115 shares during the last quarter. 97.59% of the stock is currently owned by institutional investors.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Wednesday, December 6th. This is a boost from American Assets Trust’s previous quarterly dividend of $0.26. American Assets Trust’s dividend payout ratio (DPR) is 157.58%.

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.

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