Panagora Asset Management Inc. Acquires 2,126 Shares of American Assets Trust, Inc. (NYSE:AAT)
Panagora Asset Management Inc. lifted its holdings in American Assets Trust, Inc. (NYSE:AAT – Free Report) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 122,729 shares of the real estate investment trust’s stock after buying an additional 2,126 shares during the period. Panagora Asset Management Inc. owned about 0.20% of American Assets Trust worth $2,763,000 at the end of the most recent reporting period. Other hedge funds have also recently made changes to their positions in the company. Federated Hermes Inc. purchased a new stake in American Assets Trust during the fourth quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC lifted its position in American Assets Trust by 87.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,838 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 856 shares during the last quarter. Quadrant Capital Group LLC lifted its position in American Assets Trust by 265.6% in the fourth quarter. Quadrant Capital Group LLC now owns 2,837 shares of the real estate investment trust’s stock worth $64,000 after buying an additional 2,061 shares during the last quarter. Van ECK Associates Corp boosted its stake in American Assets Trust by 18.2% during the third quarter. Van ECK Associates Corp now owns 6,477 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 998 shares during the period. Finally, abrdn plc purchased a new stake in shares of American Assets Trust in the fourth quarter valued at $206,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes Separately, Mizuho reduced their price objective on shares of American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. View Our Latest Report on AAT American Assets Trust Price Performance Shares of AAT stock opened at $22.95 on Monday. The stock has a 50 day moving average price of $21.43 and a 200 day moving average price of $21.53. The firm has a market capitalization of $1.40 billion, a P/E ratio of 25.79 and a beta of 1.25. The company has a debt-to-equity ratio of 1.47, a quick ratio of 3.02 and a current ratio of 3.02. American Assets Trust, Inc. has a 52-week low of $17.15 and a 52-week high of $23.92. American Assets Trust (NYSE:AAT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.35). The company had revenue of $110.70 million during the quarter, compared to the consensus estimate of $106.39 million. American Assets Trust had a return on equity of 4.60% and a net margin of 12.05%. During the same quarter in the previous year, the company posted $0.66 earnings per share. As a group, sell-side analysts predict that American Assets Trust, Inc. will post 2.26 earnings per share for the current year. American Assets Trust Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be paid a $0.335 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $1.34 annualized dividend and a yield of 5.84%. American Assets Trust’s dividend payout ratio (DPR) is currently 150.56%. American Assets Trust Company Profile (Free Report) American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii.
Natixis Advisors L.P. Has $321,000 Holdings in American Assets Trust, Inc. (NYSE:AAT)
Natixis Advisors L.P. trimmed its stake in American Assets Trust, Inc. (NYSE:AAT – Free Report) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,293 shares of the real estate investment trust’s stock after selling 1,351 shares during the period. Natixis Advisors L.P.’s holdings in American Assets Trust were worth $321,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC grew its stake in shares of American Assets Trust by 87.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,838 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 856 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in American Assets Trust by 1.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 56,400 shares of the real estate investment trust’s stock valued at $1,097,000 after buying an additional 900 shares in the last quarter. Van ECK Associates Corp grew its stake in American Assets Trust by 18.2% during the third quarter. Van ECK Associates Corp now owns 6,477 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 998 shares during the last quarter. Swiss National Bank increased its holdings in shares of American Assets Trust by 1.0% during the third quarter. Swiss National Bank now owns 113,400 shares of the real estate investment trust’s stock worth $2,206,000 after buying an additional 1,100 shares in the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of American Assets Trust in the fourth quarter valued at approximately $25,000. Institutional investors own 90.43% of the company’s stock. Analyst Ratings Changes Separately, Mizuho decreased their price target on American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. Get Our Latest Stock Report on AAT American Assets Trust Stock Performance American Assets Trust stock opened at $22.95 on Monday. American Assets Trust, Inc. has a 12-month low of $17.15 and a 12-month high of $23.92. The stock has a 50-day simple moving average of $21.43 and a 200 day simple moving average of $21.53. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.47. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 25.79 and a beta of 1.25. American Assets Trust (NYSE:AAT – Get Free Report) last announced its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.35). The company had revenue of $110.70 million for the quarter, compared to analyst estimates of $106.39 million. American Assets Trust had a return on equity of 4.60% and a net margin of 12.05%. During the same quarter in the previous year, the company posted $0.66 earnings per share. On average, research analysts anticipate that American Assets Trust, Inc. will post 2.26 earnings per share for the current fiscal year. American Assets Trust Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be paid a $0.335 dividend. The ex-dividend date is Thursday, June 6th. This represents a $1.34 annualized dividend and a dividend yield of 5.84%. American Assets Trust’s dividend payout ratio (DPR) is currently 150.56%. About American Assets Trust (Free Report) American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust ("REIT"), headquartered in San Diego, California. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii.
