Nisa Investment Advisors LLC Trims Stock Position in American Assets Trust, Inc. (NYSE:AAT)

Nisa Investment Advisors LLC cut its position in American Assets Trust, Inc. (NYSE:AATFree Report) by 8.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,489 shares of the real estate investment trust’s stock after selling 1,676 shares during the quarter. Nisa Investment Advisors LLC’s holdings in American Assets Trust were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of American Assets Trust by 34.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,891 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 488 shares during the period. Quarry LP increased its stake in American Assets Trust by 131.3% in the 3rd quarter. Quarry LP now owns 2,163 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 1,228 shares during the last quarter. Vestcor Inc bought a new position in American Assets Trust in the 3rd quarter worth about $103,000. Blue Trust Inc. boosted its position in shares of American Assets Trust by 516.3% during the 3rd quarter. Blue Trust Inc. now owns 5,775 shares of the real estate investment trust’s stock valued at $154,000 after acquiring an additional 4,838 shares during the last quarter. Finally, NJ State Employees Deferred Compensation Plan bought a new stake in shares of American Assets Trust during the 3rd quarter valued at about $211,000. 90.43% of the stock is owned by institutional investors.

American Assets Trust Price Performance

AAT opened at $24.52 on Wednesday. The company has a current ratio of 8.53, a quick ratio of 8.53 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of $1.49 billion, a P/E ratio of 26.94 and a beta of 1.31. The stock has a 50-day moving average price of $26.37 and a 200-day moving average price of $26.39. American Assets Trust, Inc. has a 12-month low of $20.03 and a 12-month high of $29.15.

Insider Buying and Selling

In other American Assets Trust news, COO Adam Wyll sold 30,238 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $28.22, for a total transaction of $853,316.36. Following the completion of the sale, the chief operating officer now directly owns 45,595 shares in the company, valued at $1,286,690.90. This represents a 39.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 37.32% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AAT shares. Mizuho raised their target price on shares of American Assets Trust from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Morgan Stanley raised their price objective on shares of American Assets Trust from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th.

Check Out Our Latest Research Report on AAT

American Assets Trust Company Profile

(Free Report)

American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii.

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Institutional Ownership by Quarter for American Assets Trust (NYSE:AAT)

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