American Assets Trust (NYSE:AAT) Upgraded by Wall Street Zen to “Hold” Rating

American Assets Trust (NYSE:AAT) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts have also issued reports on AAT. Mizuho set a $19.00 price target on shares of American Assets Trust in a research note on Friday, January 9th. Weiss Ratings reissued a “hold (c)” rating on shares of American Assets Trust in a report on Wednesday, January 21st. Finally, Morgan Stanley lowered American Assets Trust from an “equal weight” rating to an “underweight” rating and set a $17.00 target price on the stock. in a research note on Friday, January 16th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $18.00.

American Assets Trust Trading Up 1.8%

NYSE AAT opened at $18.58 on Friday. The business’s fifty day moving average is $18.63 and its 200-day moving average is $19.37. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.11 and a quick ratio of 3.34. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 20.41 and a beta of 0.98. American Assets Trust has a one year low of $16.69 and a one year high of $22.79.

American Assets Trust (NYSE:AAT) last posted its quarterly earnings data on Tuesday, February 3rd. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.43). The company had revenue of $110.09 million for the quarter, compared to analysts’ expectations of $108.70 million. American Assets Trust had a return on equity of 4.96% and a net margin of 12.76%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Equities research analysts predict that American Assets Trust will post 1.94 EPS for the current year.

Hedge Funds Weigh In On American Assets Trust

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in American Assets Trust by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 7,677,140 shares of the real estate investment trust’s stock worth $145,328,000 after purchasing an additional 132,887 shares during the period. Senvest Management LLC lifted its holdings in shares of American Assets Trust by 62.4% in the fourth quarter. Senvest Management LLC now owns 2,929,436 shares of the real estate investment trust’s stock worth $55,454,000 after buying an additional 1,125,474 shares in the last quarter. LSV Asset Management boosted its position in shares of American Assets Trust by 0.9% in the fourth quarter. LSV Asset Management now owns 1,845,156 shares of the real estate investment trust’s stock valued at $34,929,000 after acquiring an additional 16,360 shares during the period. JPMorgan Chase & Co. grew its stake in American Assets Trust by 189.8% during the third quarter. JPMorgan Chase & Co. now owns 1,402,665 shares of the real estate investment trust’s stock valued at $28,502,000 after acquiring an additional 918,635 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in American Assets Trust by 5.5% during the second quarter. Geode Capital Management LLC now owns 1,391,478 shares of the real estate investment trust’s stock valued at $27,484,000 after acquiring an additional 72,458 shares in the last quarter. 90.41% of the stock is owned by institutional investors.

About American Assets Trust

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.