American Assets Trust (NYSE:AAT) Stock Price Passes Above 200-Day Moving Average – What’s Next?

American Assets Trust, Inc. (NYSE:AAT) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $19.44 and traded as high as $23.62. American Assets Trust shares last traded at $23.34, with a volume of 615,791 shares.

Analyst Ratings Changes

A number of research analysts recently commented on AAT shares. Wall Street Zen raised American Assets Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Morgan Stanley boosted their price target on American Assets Trust from $17.00 to $18.00 and gave the stock an “underweight” rating in a report on Thursday, March 26th. Finally, Weiss Ratings raised American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $18.50.

American Assets Trust Stock Down 0.3%

The firm has a market capitalization of $1.43 billion, a PE ratio of 80.49 and a beta of 0.98. The company has a fifty day moving average price of $20.45 and a 200-day moving average price of $19.44. The company has a debt-to-equity ratio of 1.58, a quick ratio of 3.04 and a current ratio of 3.04.

American Assets Trust (NYSE:AAT) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.03). The firm had revenue of $110.59 million for the quarter, compared to analysts’ expectations of $109.78 million. American Assets Trust had a return on equity of 1.65% and a net margin of 4.16%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. As a group, analysts expect that American Assets Trust, Inc. will post 2.03 earnings per share for the current year.

American Assets Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, June 4th. American Assets Trust’s dividend payout ratio is 468.97%.

Hedge Funds Weigh In On American Assets Trust

Large investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC increased its position in shares of American Assets Trust by 95.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 696 shares during the last quarter. BROOKFIELD Corp ON increased its position in shares of American Assets Trust by 63.3% during the 1st quarter. BROOKFIELD Corp ON now owns 1,602 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 621 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of American Assets Trust by 262.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,704 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 1,234 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of American Assets Trust by 56.2% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 646 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of American Assets Trust by 5,717.7% during the 1st quarter. Blue Trust Inc. now owns 3,607 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 3,545 shares during the last quarter. Institutional investors own 90.41% of the company’s stock.

American Assets Trust Company Profile

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.