American Assets Trust, Inc. (NYSE:AAT) CEO Ernest S. Rady bought 2,334 shares of American Assets Trust stock in a transaction on Wednesday, December 13th. The shares were purchased at an average cost of $39.23 per share, for a total transaction of $91,562.82. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of American Assets Trust, Inc. (NYSE:AAT) traded down $0.46 during midday trading on Thursday, hitting $38.76. The company had a trading volume of 191,451 shares, compared to its average volume of 243,334. The company has a market cap of $1,830.00, a P/E ratio of 20.24, a price-to-earnings-growth ratio of 3.42 and a beta of 0.51. American Assets Trust, Inc. has a 1-year low of $36.79 and a 1-year high of $44.83. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 1.56.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, December 7th will be issued a $0.27 dividend. This is an increase from American Assets Trust’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, December 6th. This represents a $1.08 annualized dividend and a dividend yield of 2.79%. American Assets Trust’s dividend payout ratio (DPR) is 161.19%.

AAT has been the topic of a number of research analyst reports. BidaskClub raised American Assets Trust from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Zacks Investment Research raised American Assets Trust from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Thursday, August 31st. Bank of America downgraded American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 price target on the stock. in a report on Thursday, November 2nd. Finally, Mizuho reissued a “hold” rating and issued a $40.00 price target on shares of American Assets Trust in a report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $44.00.

Several hedge funds and other institutional investors have recently made changes to their positions in AAT. Russell Investments Group Ltd. lifted its holdings in shares of American Assets Trust by 45.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 41,363 shares of the real estate investment trust’s stock worth $1,629,000 after purchasing an additional 12,872 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its holdings in shares of American Assets Trust by 6.8% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 9,800 shares of the real estate investment trust’s stock worth $386,000 after purchasing an additional 620 shares during the last quarter. Great West Life Assurance Co. Can lifted its holdings in shares of American Assets Trust by 4.6% in the 2nd quarter. Great West Life Assurance Co. Can now owns 80,444 shares of the real estate investment trust’s stock worth $3,165,000 after purchasing an additional 3,558 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of American Assets Trust by 15.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,700 shares of the real estate investment trust’s stock worth $146,000 after purchasing an additional 500 shares during the last quarter. Finally, Texas Permanent School Fund raised its stake in American Assets Trust by 2.3% during the 2nd quarter. Texas Permanent School Fund now owns 30,270 shares of the real estate investment trust’s stock valued at $1,192,000 after acquiring an additional 687 shares in the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

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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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