Ieq Capital LLC Acquires Shares of 51,190 American Assets Trust, Inc. $AAT

Ieq Capital LLC bought a new stake in American Assets Trust, Inc. (NYSE:AAT) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 51,190 shares of the real estate investment trust’s stock, valued at approximately $1,264,000. Ieq Capital LLC owned approximately 0.08% of American Assets Trust as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. BROOKFIELD Corp ON raised its stake in American Assets Trust by 63.3% during the first quarter. BROOKFIELD Corp ON now owns 1,602 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 621 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in American Assets Trust by 262.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,704 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 1,234 shares in the last quarter. Allworth Financial LP bought a new position in American Assets Trust in the 2nd quarter valued at approximately $38,000. Blue Trust Inc. boosted its position in American Assets Trust by 5,717.7% in the first quarter. Blue Trust Inc. now owns 3,607 shares of the real estate investment trust’s stock valued at $66,000 after buying an additional 3,545 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec grew its stake in shares of American Assets Trust by 27.4% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock worth $79,000 after buying an additional 893 shares during the last quarter. 90.41% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AAT has been the subject of a number of recent research reports. Morgan Stanley upped their target price on American Assets Trust from $18.00 to $24.00 and gave the stock an “underweight” rating in a report on Wednesday, July 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of American Assets Trust in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $21.50.

American Assets Trust Price Performance

Shares of NYSE AAT opened at $22.78 on Thursday. The company has a market capitalization of $1.40 billion, a PE ratio of 78.55 and a beta of 0.96. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 1.61. American Assets Trust, Inc. has a twelve month low of $17.72 and a twelve month high of $25.97. The firm has a fifty day simple moving average of $24.06 and a 200 day simple moving average of $21.74.

American Assets Trust (NYSE:AAT) last announced its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The business had revenue of $109.48 million during the quarter, compared to analyst estimates of $110.64 million. American Assets Trust had a net margin of 4.09% and a return on equity of 1.66%. American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. On average, sell-side analysts forecast that American Assets Trust, Inc. will post 2.03 EPS for the current year.

American Assets Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be given a $0.34 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.36 annualized dividend and a yield of 6.0%. American Assets Trust’s dividend payout ratio (DPR) is presently 468.97%.

About American Assets Trust

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.