American Assets Trust, Inc. $AAT Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc lessened its holdings in American Assets Trust, Inc. (NYSE:AAT) by 11.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,607 shares of the real estate investment trust’s stock after selling 3,800 shares during the quarter. Ensign Peak Advisors Inc’s holdings in American Assets Trust were worth $565,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in AAT. CWM LLC lifted its position in American Assets Trust by 229.6% in the second quarter. CWM LLC now owns 8,382 shares of the real estate investment trust’s stock valued at $166,000 after acquiring an additional 5,839 shares during the last quarter. Strs Ohio acquired a new position in American Assets Trust during the first quarter worth approximately $175,000. 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 buying an additional 805 shares during the last quarter. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of American Assets Trust in the second quarter valued at approximately $206,000. Finally, US Bancorp DE grew its position 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 worth $210,000 after acquiring an additional 9,425 shares during the last quarter. 90.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AAT shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Assets Trust in a report on Wednesday, October 8th. Mizuho reduced their price objective on 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 research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $20.50.

American Assets Trust Price Performance

Shares of NYSE AAT opened at $19.50 on Monday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.55 and a current ratio of 3.34. American Assets Trust, Inc. has a one year low of $16.69 and a one year high of $29.00. The firm has a market capitalization of $1.19 billion, a P/E ratio of 19.31 and a beta of 1.20. The company’s fifty day moving average is $19.60 and its two-hundred day moving average is $19.92.

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

American Assets Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders 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 yield of 7.0%. The ex-dividend date is Thursday, December 4th. American Assets Trust’s dividend payout ratio (DPR) is 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.