Deutsche Bank AG Has $1.33 Million Position in American Assets Trust, Inc. $AAT

Deutsche Bank AG cut its position in American Assets Trust, Inc. (NYSE:AAT) by 13.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,219 shares of the real estate investment trust’s stock after selling 10,310 shares during the quarter. Deutsche Bank AG owned 0.11% of American Assets Trust worth $1,334,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Natixis Advisors LLC raised its position in shares of American Assets Trust by 4.7% in the 1st quarter. Natixis Advisors LLC now owns 13,796 shares of the real estate investment trust’s stock valued at $278,000 after buying an additional 618 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of American Assets Trust by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,250 shares of the real estate investment trust’s stock valued at $716,000 after buying an additional 971 shares in the last quarter. MetLife Investment Management LLC raised its position in shares of American Assets Trust by 5.9% in the 4th quarter. MetLife Investment Management LLC now owns 30,503 shares of the real estate investment trust’s stock valued at $801,000 after buying an additional 1,700 shares in the last quarter. Tudor Investment Corp ET AL raised its position in shares of American Assets Trust by 2.4% in the 4th quarter. Tudor Investment Corp ET AL now owns 72,398 shares of the real estate investment trust’s stock valued at $1,901,000 after buying an additional 1,703 shares in the last quarter. Finally, Retirement Planning Co of New England Inc. raised its position in shares of American Assets Trust by 20.9% in the 1st quarter. Retirement Planning Co of New England Inc. now owns 10,600 shares of the real estate investment trust’s stock valued at $213,000 after buying an additional 1,830 shares in the last quarter. 90.41% of the stock is currently owned by institutional investors and hedge funds.

American Assets Trust Trading Up 3.6%

Shares of American Assets Trust stock opened at $20.5180 on Friday. The firm has a market capitalization of $1.25 billion, a PE ratio of 17.69 and a beta of 1.17. The company has a current ratio of 3.55, a quick ratio of 3.55 and a debt-to-equity ratio of 1.50. The firm’s 50 day moving average is $19.93 and its 200 day moving average is $20.05. American Assets Trust, Inc. has a 1 year low of $16.69 and a 1 year high of $29.15.

American Assets Trust (NYSE:AAT) last announced its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.03. The company had revenue of $107.93 million for the quarter, compared to analyst estimates of $107.75 million. American Assets Trust had a net margin of 16.26% and a return on equity of 6.47%. American Assets Trust has set its FY 2025 guidance at 1.890-2.010 EPS. Equities research analysts forecast that American Assets Trust, Inc. will post 1.94 earnings per share for the current fiscal year.

American Assets Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Thursday, September 4th. American Assets Trust’s payout ratio is presently 117.24%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Mizuho dropped their target price on shares of American Assets Trust from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday. Wall Street Zen lowered shares of American Assets Trust from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $20.50.

American Assets Trust Profile

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.