American Assets Trust (NYSE:AAT) Shares Cross Above 200-Day Moving Average – What’s Next?

American Assets Trust, Inc. (NYSE:AAT) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $19.05 and traded as high as $20.89. American Assets Trust shares last traded at $20.80, with a volume of 265,937 shares trading hands.

Wall Street Analyst Weigh In

AAT has been the topic of several recent analyst reports. Morgan Stanley increased their target price on shares of American Assets Trust from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Thursday, March 26th. Wall Street Zen raised shares of American Assets Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Mizuho set a $19.00 price target on shares of American Assets Trust in a research note on Friday, January 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $18.50.

American Assets Trust Stock Down 0.4%

The firm has a market capitalization of $1.27 billion, a P/E ratio of 22.67 and a beta of 0.93. The company has a debt-to-equity ratio of 1.56, a quick ratio of 3.11 and a current ratio of 3.11. The business’s fifty day moving average price is $19.19 and its two-hundred day moving average price is $19.06.

American Assets Trust (NYSE:AAT) last released its quarterly 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). American Assets Trust had a net margin of 12.76% and a return on equity of 4.96%. The firm had revenue of $110.09 million during the quarter, compared to the consensus estimate of $108.70 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Equities analysts expect that American Assets Trust, Inc. will post 2.03 earnings per share for the current fiscal year.

American Assets Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend was Thursday, March 5th. American Assets Trust’s dividend payout ratio (DPR) is presently 149.45%.

Hedge Funds Weigh In On American Assets Trust

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Louisiana State Employees Retirement System purchased a new position in shares of American Assets Trust in the 1st quarter valued at approximately $387,000. Blue Trust Inc. raised its position in shares of American Assets Trust by 5,717.7% in the 1st quarter. Blue Trust Inc. now owns 3,607 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 3,545 shares during the last quarter. Evolve Private Wealth LLC raised its position in shares of American Assets Trust by 11.1% in the 1st quarter. Evolve Private Wealth LLC now owns 27,675 shares of the real estate investment trust’s stock valued at $510,000 after purchasing an additional 2,759 shares during the last quarter. Diversified Trust Co raised its position in shares of American Assets Trust by 13.8% in the 1st quarter. Diversified Trust Co now owns 17,054 shares of the real estate investment trust’s stock valued at $314,000 after purchasing an additional 2,066 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of American Assets Trust by 38.9% in the 4th quarter. Invesco Ltd. now owns 649,695 shares of the real estate investment trust’s stock valued at $12,299,000 after purchasing an additional 181,900 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.