LSV Asset Management Lowers Position in American Assets Trust, Inc. $AAT

LSV Asset Management decreased its holdings in shares of American Assets Trust, Inc. (NYSE:AAT) by 4.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,828,796 shares of the real estate investment trust’s stock after selling 76,200 shares during the period. LSV Asset Management owned 2.99% of American Assets Trust worth $37,161,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings in shares of American Assets Trust by 95.2% during the third quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 696 shares in the last quarter. EverSource Wealth Advisors LLC grew 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 during the period. Hantz Financial Services Inc. raised its position in American Assets Trust by 56.2% during the third quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 646 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in American Assets Trust by 32.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust’s stock valued at $94,000 after acquiring an additional 1,165 shares during the period. Finally, State of Wyoming boosted its position in American Assets Trust by 131.5% in the 2nd quarter. State of Wyoming now owns 5,646 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 3,207 shares in the last quarter. 90.41% of the stock is currently owned by institutional investors.

American Assets Trust Stock Up 1.8%

AAT opened at $18.58 on Friday. The company has a market cap of $1.14 billion, a PE ratio of 20.41 and a beta of 0.98. American Assets Trust, Inc. has a twelve month low of $16.69 and a twelve month high of $22.79. The company has a 50-day moving average price of $18.63 and a 200 day moving average price of $19.37. The company has a quick ratio of 3.34, a current ratio of 3.11 and a debt-to-equity ratio of 1.56.

American Assets Trust (NYSE:AAT) last announced its earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 EPS 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 for the quarter, compared to analyst estimates of $108.70 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Sell-side analysts expect that American Assets Trust, Inc. will post 1.94 earnings per share for the current fiscal year.

American Assets Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Thursday, March 5th. American Assets Trust’s dividend payout ratio is 149.45%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AAT. Wall Street Zen raised shares of American Assets Trust from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley lowered shares of American Assets Trust from an “equal weight” rating to an “underweight” rating and set a $17.00 target price on the stock. in a research note on Friday, January 16th. Weiss Ratings restated a “hold (c)” rating on shares of American Assets Trust in a research note on Wednesday, January 21st. Finally, Mizuho set a $19.00 price target on American Assets Trust in a research report on Friday, January 9th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $18.00.

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.