American Assets Trust (AAT) Scheduled to Post Earnings on Monday

American Assets Trust (NYSE:AAT) is scheduled to release its earnings data after the market closes on Monday, February 12th. Analysts expect American Assets Trust to post earnings of $0.17 per share for the quarter.

American Assets Trust (NYSE AAT) opened at $34.47 on Monday. The company has a market capitalization of $1,620.00, a PE ratio of 51.45, a P/E/G ratio of 2.93 and a beta of 0.40. American Assets Trust has a 1-year low of $33.70 and a 1-year high of $44.83. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 1.56.

In other news, CEO Ernest S. Rady bought 5,825 shares of American Assets Trust stock in a transaction on Friday, November 17th. The shares were bought at an average price of $39.46 per share, with a total value of $229,854.50. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ernest S. Rady bought 85,155 shares of American Assets Trust stock in a transaction on Wednesday, November 8th. The shares were purchased at an average cost of $38.84 per share, for a total transaction of $3,307,420.20. The disclosure for this purchase can be found here. Insiders purchased 241,709 shares of company stock valued at $9,428,451 in the last three months. 34.15% of the stock is currently owned by company insiders.

A number of brokerages recently commented on AAT. Zacks Investment Research downgraded American Assets Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. 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. Finally, Bank of America downgraded American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 price target for the company. in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $44.00.

TRADEMARK VIOLATION WARNING: “American Assets Trust (AAT) Scheduled to Post Earnings on Monday” was posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/02/05/american-assets-trust-aat-scheduled-to-post-earnings-on-monday.html.

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.

Earnings History for American Assets Trust (NYSE:AAT)

Receive News & Ratings for American Assets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Assets Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply