American Assets Trust (NYSE:AAT) Stock Passes Above 200 Day Moving Average – Time to Sell?

American Assets Trust, Inc. (NYSE:AAT) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $19.95 and traded as high as $24.45. American Assets Trust shares last traded at $24.3160, with a volume of 459,801 shares trading hands.

Wall Street Analysts Forecast Growth

AAT has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Morgan Stanley increased their price objective on shares of American Assets Trust from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Thursday, March 26th. 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 an average rating of “Reduce” and a consensus price target of $18.50.

American Assets Trust Stock Up 1.1%

The firm has a fifty day moving average price of $22.09 and a 200 day moving average price of $19.95. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 83.85 and a beta of 0.98. 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 (NYSE:AAT) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). American Assets Trust had a return on equity of 1.65% and a net margin of 4.16%.The company had revenue of $110.59 million for the quarter, compared to the consensus estimate of $109.78 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Sell-side analysts anticipate that American Assets Trust, Inc. will post 2.03 EPS for the current fiscal year.

American Assets Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Thursday, June 4th. American Assets Trust’s dividend payout ratio is 468.97%.

Hedge Funds Weigh In On American Assets Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of 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 last quarter. Senvest Management LLC grew its holdings in shares of American Assets Trust by 22.1% during the first quarter. Senvest Management LLC now owns 3,577,054 shares of the real estate investment trust’s stock worth $65,854,000 after buying an additional 647,618 shares in the last quarter. LSV Asset Management grew its stake in shares of American Assets Trust by 0.9% during the 4th quarter. LSV Asset Management now owns 1,845,156 shares of the real estate investment trust’s stock worth $34,929,000 after acquiring an additional 16,360 shares in the last quarter. JPMorgan Chase & Co. grew its position in American Assets Trust by 189.8% in 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 purchasing an additional 918,635 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of American Assets Trust by 4.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,234,013 shares of the real estate investment trust’s stock valued at $22,696,000 after acquiring an additional 56,553 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.