Nisa Investment Advisors LLC Has $510,000 Stake in American Assets Trust, Inc. (NYSE:AAT)

Nisa Investment Advisors LLC trimmed its holdings in shares of American Assets Trust, Inc. (NYSE:AAT) by 9.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,652 shares of the real estate investment trust’s stock after selling 2,246 shares during the quarter. Nisa Investment Advisors LLC’s holdings in American Assets Trust were worth $510,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. BlackRock Inc. increased its position in American Assets Trust by 5.6% during the first quarter. BlackRock Inc. now owns 11,476,222 shares of the real estate investment trust’s stock worth $213,343,000 after buying an additional 609,764 shares during the last quarter. Vanguard Group Inc. grew its position in shares of American Assets Trust by 3.8% in the third quarter. Vanguard Group Inc. now owns 8,388,060 shares of the real estate investment trust’s stock valued at $215,741,000 after purchasing an additional 310,320 shares during the last quarter. State Street Corp grew its position in shares of American Assets Trust by 0.5% in the second quarter. State Street Corp now owns 3,170,762 shares of the real estate investment trust’s stock valued at $94,172,000 after purchasing an additional 16,207 shares during the last quarter. LSV Asset Management grew its position in shares of American Assets Trust by 26.3% in the third quarter. LSV Asset Management now owns 1,666,543 shares of the real estate investment trust’s stock valued at $32,414,000 after purchasing an additional 346,937 shares during the last quarter. Finally, Nuveen Asset Management LLC grew its position in shares of American Assets Trust by 77.5% in the second quarter. Nuveen Asset Management LLC now owns 1,638,865 shares of the real estate investment trust’s stock valued at $31,466,000 after purchasing an additional 715,429 shares during the last quarter. 90.43% of the stock is owned by institutional investors and hedge funds.

American Assets Trust Trading Up 0.5 %

Shares of NYSE:AAT opened at $20.46 on Thursday. The company has a market cap of $1.25 billion, a P/E ratio of 24.36 and a beta of 1.26. The stock’s 50-day moving average is $21.35 and its 200-day moving average is $20.96. American Assets Trust, Inc. has a 52-week low of $17.06 and a 52-week high of $23.92. The company has a debt-to-equity ratio of 1.47, a quick ratio of 2.93 and a current ratio of 2.93.

American Assets Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were given a $0.335 dividend. This is an increase from American Assets Trust’s previous quarterly dividend of $0.33. This represents a $1.34 annualized dividend and a dividend yield of 6.55%. The ex-dividend date was Wednesday, March 6th. American Assets Trust’s dividend payout ratio (DPR) is currently 159.52%.

Analyst Ratings Changes

Separately, Mizuho lowered their price target on American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd.

About American Assets Trust

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.