Public Employees Retirement System of Ohio Has $1.35 Million Position in American Assets Trust, Inc. $AAT

Public Employees Retirement System of Ohio increased its stake in shares of American Assets Trust, Inc. (NYSE:AAT) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 68,296 shares of the real estate investment trust’s stock after purchasing an additional 893 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.11% of American Assets Trust worth $1,349,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Natixis Advisors LLC lifted its stake in American Assets Trust by 4.7% in the first quarter. Natixis Advisors LLC now owns 13,796 shares of the real estate investment trust’s stock valued at $278,000 after acquiring an additional 618 shares during the last quarter. Coppell Advisory Solutions LLC lifted its stake in American Assets Trust by 8.6% in the first quarter. Coppell Advisory Solutions LLC now owns 10,138 shares of the real estate investment trust’s stock valued at $204,000 after acquiring an additional 805 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in American Assets Trust by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,490 shares of the real estate investment trust’s stock valued at $574,000 after acquiring an additional 1,240 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in American Assets Trust by 16.2% in the first quarter. Russell Investments Group Ltd. now owns 10,844 shares of the real estate investment trust’s stock valued at $218,000 after acquiring an additional 1,510 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its stake in American Assets Trust by 9.6% in the first quarter. Resona Asset Management Co. Ltd. now owns 20,506 shares of the real estate investment trust’s stock valued at $411,000 after acquiring an additional 1,803 shares during the last quarter. 90.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on AAT shares. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a research note on Saturday, September 27th. Wall Street Zen cut shares of American Assets Trust from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, Mizuho reduced their price objective on shares of American Assets Trust from $22.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, August 20th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, American Assets Trust has an average rating of “Hold” and an average target price of $20.50.

American Assets Trust Trading Up 0.8%

Shares of American Assets Trust stock opened at $20.44 on Friday. The firm has a market capitalization of $1.25 billion, a PE ratio of 17.62 and a beta of 1.23. The company has a debt-to-equity ratio of 1.50, a current ratio of 3.55 and a quick ratio of 3.55. The company’s fifty day moving average price is $20.12 and its two-hundred day moving average price is $19.83. American Assets Trust, Inc. has a 52-week low of $16.69 and a 52-week 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 firm 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. On average, analysts expect that American Assets Trust, Inc. will post 1.94 EPS for the current year.

American Assets Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend was Thursday, September 4th. American Assets Trust’s payout ratio is 117.24%.

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.