American Assets Trust (NYSE:AAT) Stock Rating Upgraded by Wall Street Zen

American Assets Trust (NYSE:AAT) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other analysts also recently issued reports about the company. Morgan Stanley downgraded American Assets Trust from an “equal weight” rating to an “underweight” rating and set a $17.00 target price for the company. in a research note on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a report on Wednesday, January 21st. Finally, Mizuho set a $19.00 price objective on American Assets Trust in a report on Friday, January 9th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Assets Trust presently has a consensus rating of “Reduce” and an average target price of $18.00.

American Assets Trust Stock Up 1.8%

Shares of NYSE AAT opened at $18.58 on Friday. The company has a 50 day simple moving average of $18.63 and a 200 day simple moving average of $19.37. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.11 and a quick ratio of 3.34. American Assets Trust has a 1 year low of $16.69 and a 1 year high of $22.79. The firm has a market cap of $1.14 billion, a PE ratio of 20.41 and a beta of 0.98.

American Assets Trust (NYSE:AAT) last posted its earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.43). The business had revenue of $110.09 million for the quarter, compared to the consensus estimate of $108.70 million. American Assets Trust had a return on equity of 4.96% and a net margin of 12.76%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. On average, research analysts forecast that American Assets Trust will post 1.94 EPS for the current year.

Hedge Funds Weigh In On American Assets Trust

A number of hedge funds have recently bought and sold shares of AAT. Evergreen Capital Management LLC raised its holdings in shares of American Assets Trust by 5.3% in the third quarter. Evergreen Capital Management LLC now owns 10,907 shares of the real estate investment trust’s stock valued at $222,000 after purchasing an additional 550 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in American Assets Trust by 34.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,289 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 585 shares in the last quarter. Hantz Financial Services Inc. increased its stake in American Assets Trust by 56.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 646 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of American Assets Trust by 95.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 696 shares in the last quarter. Finally, Summit Global Investments boosted its stake in shares of American Assets Trust by 2.9% in the 2nd quarter. Summit Global Investments now owns 25,511 shares of the real estate investment trust’s stock worth $504,000 after buying an additional 716 shares during the last quarter. 90.41% of the stock is owned by hedge funds and other institutional investors.

American Assets Trust Company Profile

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.