American Assets Trust, Inc. $AAT Shares Acquired by Strs Ohio

Strs Ohio increased its holdings in American Assets Trust, Inc. (NYSE:AAT) by 2,773.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 281,600 shares of the real estate investment trust’s stock after purchasing an additional 271,800 shares during the quarter. Strs Ohio’s holdings in American Assets Trust were worth $5,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in AAT. Vanguard Group Inc. boosted its position in American Assets Trust by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 7,677,140 shares of the real estate investment trust’s stock worth $145,328,000 after acquiring an additional 132,887 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of American Assets Trust by 189.8% during the third quarter. JPMorgan Chase & Co. now owns 1,402,665 shares of the real estate investment trust’s stock valued at $28,502,000 after purchasing an additional 918,635 shares during the period. Ameriprise Financial Inc. raised its stake in shares of American Assets Trust by 4.8% during the second quarter. Ameriprise Financial Inc. now owns 1,234,013 shares of the real estate investment trust’s stock valued at $22,696,000 after purchasing an additional 56,553 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of American Assets Trust by 1.1% during the third quarter. Dimensional Fund Advisors LP now owns 705,784 shares of the real estate investment trust’s stock valued at $14,341,000 after purchasing an additional 7,547 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its holdings in American Assets Trust by 10.5% in the third quarter. Allianz Asset Management GmbH now owns 653,299 shares of the real estate investment trust’s stock worth $13,275,000 after purchasing an additional 62,340 shares during the period. Institutional investors own 90.41% of the company’s stock.

American Assets Trust Stock Up 1.4%

American Assets Trust stock opened at $20.86 on Wednesday. American Assets Trust, Inc. has a fifty-two week low of $17.72 and a fifty-two week high of $21.61. The company has a debt-to-equity ratio of 1.58, a current ratio of 3.04 and a quick ratio of 3.11. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 71.94 and a beta of 0.95. The firm has a fifty day moving average price of $19.49 and a two-hundred day moving average price of $19.12.

American Assets Trust (NYSE:AAT) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The company had revenue of $110.59 million for the quarter, compared to the consensus estimate of $109.78 million. American Assets Trust had a return on equity of 1.65% and a net margin of 4.16%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. As a group, analysts forecast that American Assets Trust, Inc. will post 2.03 earnings per share for the current year.

American Assets Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.36 annualized dividend and a dividend yield of 6.5%. American Assets Trust’s payout ratio is presently 468.97%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AAT shares. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a research report on Wednesday, January 21st. Mizuho set a $19.00 price objective on shares of American Assets Trust in a research report on Friday, January 9th. Wall Street Zen upgraded American Assets Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Morgan Stanley boosted their price target on shares of American Assets Trust from $17.00 to $18.00 and gave the company an “underweight” rating in a report on Thursday, March 26th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $18.50.

American Assets Trust 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.