B&I Capital AG Buys Shares of 295,620 American Assets Trust, Inc. $AAT

B&I Capital AG bought a new position in shares of American Assets Trust, Inc. (NYSE:AAT) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 295,620 shares of the real estate investment trust’s stock, valued at approximately $5,838,000. American Assets Trust comprises 2.0% of B&I Capital AG’s portfolio, making the stock its 25th biggest holding. B&I Capital AG owned approximately 0.48% of American Assets Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of AAT. CWM LLC grew its holdings in shares of American Assets Trust by 229.6% during the 2nd quarter. CWM LLC now owns 8,382 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 5,839 shares during the period. Strs Ohio acquired a new position in shares of American Assets Trust in the 1st quarter worth approximately $175,000. Coppell Advisory Solutions LLC boosted its holdings 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 worth $204,000 after purchasing an additional 805 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new position in shares of American Assets Trust in the 2nd quarter valued at about $206,000. Finally, US Bancorp DE grew its holdings in shares of American Assets Trust by 952.0% during the first quarter. US Bancorp DE now owns 10,415 shares of the real estate investment trust’s stock valued at $210,000 after purchasing an additional 9,425 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 equities research analysts have recently weighed in on AAT shares. Mizuho cut their price target on American Assets Trust from $22.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, August 20th. 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, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Assets Trust in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, American Assets Trust has a consensus rating of “Hold” and an average target price of $20.50.

American Assets Trust Stock Performance

Shares of NYSE AAT opened at $19.48 on Thursday. The company has a market cap of $1.19 billion, a P/E ratio of 19.29 and a beta of 1.20. American Assets Trust, Inc. has a 12 month low of $16.69 and a 12 month high of $29.15. The business’s 50 day moving average is $19.66 and its two-hundred day moving average is $19.91. The company has a quick ratio of 3.55, a current ratio of 3.34 and a debt-to-equity ratio of 1.52.

American Assets Trust (NYSE:AAT) last announced its quarterly earnings data on Tuesday, October 28th. The real estate investment trust reported $0.49 EPS for the quarter, hitting analysts’ consensus estimates of $0.49. American Assets Trust had a return on equity of 5.43% and a net margin of 13.98%.The company had revenue of $109.58 million during the quarter, compared to the consensus estimate of $105.71 million. American Assets Trust has set its FY 2025 guidance at 1.930-2.010 EPS. On average, equities analysts expect that American Assets Trust, Inc. will post 1.94 EPS for the current year.

American Assets Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Thursday, December 4th. American Assets Trust’s dividend payout ratio is presently 134.65%.

American Assets Trust Company 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.