WINTON GROUP Ltd Buys 66,221 Shares of American Assets Trust, Inc (AAT)

WINTON GROUP Ltd increased its stake in shares of American Assets Trust, Inc (NYSE:AAT) by 32.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 268,167 shares of the real estate investment trust’s stock after acquiring an additional 66,221 shares during the period. WINTON GROUP Ltd owned approximately 0.57% of American Assets Trust worth $10,000,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in shares of American Assets Trust by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 562,385 shares of the real estate investment trust’s stock worth $18,789,000 after buying an additional 18,249 shares during the last quarter. Xact Kapitalforvaltning AB grew its position in shares of American Assets Trust by 36.6% in the 1st quarter. Xact Kapitalforvaltning AB now owns 9,702 shares of the real estate investment trust’s stock worth $324,000 after buying an additional 2,600 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of American Assets Trust by 4.4% in the 1st quarter. Principal Financial Group Inc. now owns 324,034 shares of the real estate investment trust’s stock worth $10,826,000 after buying an additional 13,785 shares during the last quarter. Bank of Montreal Can grew its position in shares of American Assets Trust by 7.0% in the 2nd quarter. Bank of Montreal Can now owns 133,147 shares of the real estate investment trust’s stock worth $5,098,000 after buying an additional 8,697 shares during the last quarter. Finally, Amalgamated Bank purchased a new position in shares of American Assets Trust in the 2nd quarter worth approximately $216,000. 94.44% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently issued reports on AAT. ValuEngine raised shares of American Assets Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, July 31st. Mizuho reaffirmed a “buy” rating and issued a $43.00 price objective on shares of American Assets Trust in a research report on Wednesday. Finally, Zacks Investment Research downgraded shares of American Assets Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $41.00.

Shares of American Assets Trust stock opened at $39.38 on Friday. The company has a current ratio of 2.10, a quick ratio of 2.70 and a debt-to-equity ratio of 1.57. American Assets Trust, Inc has a 52-week low of $30.62 and a 52-week high of $39.99. The company has a market capitalization of $1.83 billion, a PE ratio of 20.51, a PEG ratio of 3.48 and a beta of 0.19.

American Assets Trust (NYSE:AAT) last issued its quarterly earnings data on Tuesday, October 30th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.28). American Assets Trust had a return on equity of 2.43% and a net margin of 6.09%. The firm had revenue of $82.51 million during the quarter, compared to analysts’ expectations of $79.33 million. On average, equities research analysts expect that American Assets Trust, Inc will post 2.09 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 27th. Shareholders of record on Thursday, December 13th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.84%. The ex-dividend date is Wednesday, December 12th. This is an increase from American Assets Trust’s previous quarterly dividend of $0.27. American Assets Trust’s payout ratio is currently 56.25%.

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American Assets Trust Company Profile

American Assets Trust, Inc (the “company”) is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier retail, office and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii.

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Institutional Ownership by Quarter for American Assets Trust (NYSE:AAT)

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