Morgan Stanley Increases American Assets Trust (NYSE:AAT) Price Target to $18.00

American Assets Trust (NYSE:AAT) had its target price hoisted by stock analysts at Morgan Stanley from $17.00 to $18.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “underweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price objective points to a potential downside of 1.02% from the company’s previous close.

AAT has been the topic of a number of other research reports. Wall Street Zen upgraded American Assets Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Assets Trust in a research note on Wednesday, January 21st. Finally, Mizuho set a $19.00 price target on American Assets Trust in a report on Friday, January 9th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $18.50.

American Assets Trust Stock Down 1.9%

AAT stock opened at $18.19 on Thursday. American Assets Trust has a 12-month low of $16.69 and a 12-month high of $21.40. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.56. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 19.98 and a beta of 0.95. The company has a 50 day moving average of $18.76 and a two-hundred day moving average of $19.20.

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

Institutional Trading of American Assets Trust

Large investors have recently modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in American Assets Trust by 95.2% in 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 buying an additional 696 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in 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 worth $34,000 after acquiring an additional 1,234 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in American Assets Trust by 56.2% during the third quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 646 shares during the period. Federation des caisses Desjardins du Quebec grew its position in shares of American Assets Trust by 27.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 893 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of American Assets Trust by 32.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 1,165 shares during 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.