American Assets Trust, Inc. $AAT Shares Bought by Kennedy Capital Management LLC

Kennedy Capital Management LLC raised its holdings in American Assets Trust, Inc. (NYSE:AAT) by 17.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 554,930 shares of the real estate investment trust’s stock after acquiring an additional 83,094 shares during the period. Kennedy Capital Management LLC owned 0.90% of American Assets Trust worth $10,505,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its holdings in shares of American Assets Trust by 34.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,289 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 585 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings 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 worth $29,000 after buying an additional 696 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of American Assets Trust by 5.3% during the 3rd quarter. Van ECK Associates Corp now owns 14,831 shares of the real estate investment trust’s stock worth $301,000 after buying an additional 745 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of American Assets Trust by 3.6% during the 4th quarter. HighTower Advisors LLC now owns 21,560 shares of the real estate investment trust’s stock worth $408,000 after buying an additional 749 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of American Assets Trust by 16.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,758 shares of the real estate investment trust’s stock worth $109,000 after buying an additional 833 shares during the last quarter. 90.41% of the stock is currently owned by institutional investors and hedge funds.

American Assets Trust Stock Down 0.0%

Shares of American Assets Trust stock opened at $24.40 on Monday. The company has a fifty day moving average price of $21.46 and a 200 day moving average price of $19.75. The company has a current ratio of 3.04, a quick ratio of 3.04 and a debt-to-equity ratio of 1.58. American Assets Trust, Inc. has a twelve month low of $17.72 and a twelve month high of $24.85. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 84.15 and a beta of 0.98.

American Assets Trust (NYSE:AAT) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The business 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. Equities research analysts forecast that American Assets Trust, Inc. will post 2.03 earnings per share for the current fiscal year.

American Assets Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Thursday, June 4th. American Assets Trust’s dividend payout ratio is presently 468.97%.

Wall Street Analysts Forecast Growth

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

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.