American Assets Trust, Inc. (NYSE:AAT) CEO Ernest S. Rady bought 11,271 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were bought at an average price of $39.22 per share, with a total value of $442,048.62. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

American Assets Trust, Inc. (NYSE AAT) traded down $0.14 during trading on Friday, hitting $39.22. The stock had a trading volume of 191,416 shares, compared to its average volume of 245,003. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.76 and a quick ratio of 2.76. American Assets Trust, Inc. has a 12 month low of $36.79 and a 12 month high of $44.83. The firm has a market cap of $1,850.00, a PE ratio of 20.58, a P/E/G ratio of 3.48 and a beta of 0.52.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, December 7th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.75%. 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 is presently 155.22%.

Institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace North America L.P. acquired a new position in American Assets Trust in the 2nd quarter worth about $1,305,000. Adelante Capital Management LLC increased its holdings in American Assets Trust by 28.9% in the 2nd quarter. Adelante Capital Management LLC now owns 377,455 shares of the real estate investment trust’s stock worth $14,868,000 after purchasing an additional 84,714 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new position in American Assets Trust in the 2nd quarter worth about $353,000. New York State Common Retirement Fund increased its holdings in American Assets Trust by 16.4% in the 2nd quarter. New York State Common Retirement Fund now owns 42,600 shares of the real estate investment trust’s stock worth $1,678,000 after purchasing an additional 5,999 shares in the last quarter. Finally, Capital Fund Management S.A. bought a new stake in shares of American Assets Trust in the 2nd quarter valued at about $1,201,000. 96.71% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on AAT shares. Bank of America downgraded American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 target price for the company. in a research report on Thursday, November 2nd. Mizuho reiterated a “hold” rating and set a $40.00 target price on shares of American Assets Trust in a research report on Friday, November 10th. BidaskClub upgraded American Assets Trust from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Finally, Zacks Investment Research cut American Assets Trust from a “buy” rating to a “hold” rating in a report on Tuesday, September 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. American Assets Trust presently has an average rating of “Hold” and a consensus price target of $44.00.

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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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