American Assets Trust, Inc. $AAT Holdings Lifted by Senvest Management LLC

Senvest Management LLC increased its position in shares of American Assets Trust, Inc. (NYSE:AAT) by 22.1% during the first quarter, Holdings Channel.com reports. The fund owned 3,577,054 shares of the real estate investment trust’s stock after acquiring an additional 647,618 shares during the quarter. American Assets Trust accounts for approximately 2.2% of Senvest Management LLC’s investment portfolio, making the stock its 18th largest position. Senvest Management LLC owned 0.06% of American Assets Trust worth $65,854,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AAT. Royal Bank of Canada lifted its holdings in American Assets Trust by 38.7% in the 1st quarter. Royal Bank of Canada now owns 33,674 shares of the real estate investment trust’s stock valued at $678,000 after acquiring an additional 9,393 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of American Assets Trust by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,490 shares of the real estate investment trust’s stock worth $574,000 after purchasing an additional 1,240 shares during the last quarter. Jane Street Group LLC grew its stake in shares of American Assets Trust by 534.0% in the 1st quarter. Jane Street Group LLC now owns 158,297 shares of the real estate investment trust’s stock worth $3,188,000 after purchasing an additional 133,329 shares during the last quarter. Strs Ohio bought a new stake in shares of American Assets Trust in the 1st quarter worth approximately $175,000. Finally, Creative Planning bought a new stake in shares of American Assets Trust in the 2nd quarter worth approximately $253,000. 90.41% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AAT shares. Weiss Ratings raised shares of American Assets Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Morgan Stanley lifted their price target on shares of American Assets Trust from $18.00 to $24.00 and gave the stock an “underweight” rating in a research report on Wednesday. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, American Assets Trust currently has a consensus rating of “Reduce” and an average price target of $21.50.

American Assets Trust Trading Up 0.2%

Shares of NYSE AAT opened at $24.28 on Friday. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 1.58. American Assets Trust, Inc. has a 12 month low of $17.72 and a 12 month high of $25.97. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 83.74 and a beta of 0.96. The business has a fifty day simple moving average of $24.15 and a 200-day simple moving average of $20.95.

American Assets Trust (NYSE:AAT) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The company had revenue of $110.59 million during the quarter, compared to analysts’ expectations 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. Sell-side analysts predict that American Assets Trust, Inc. will post 2.03 EPS for the current year.

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.