American Assets Trust, Inc. $AAT Stock Holdings Lessened by EMC Capital Management

EMC Capital Management cut its stake in shares of American Assets Trust, Inc. (NYSE:AAT) by 45.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,731 shares of the real estate investment trust’s stock after selling 7,193 shares during the quarter. EMC Capital Management’s holdings in American Assets Trust were worth $172,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Senvest Management LLC acquired a new stake in shares of American Assets Trust during the second quarter worth $14,184,000. Nomura Asset Management Co. Ltd. increased its stake in American Assets Trust by 6.5% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 67,140 shares of the real estate investment trust’s stock worth $1,326,000 after purchasing an additional 4,100 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in American Assets Trust by 8.9% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 206,222 shares of the real estate investment trust’s stock worth $4,073,000 after buying an additional 16,801 shares during the period. Creative Planning acquired a new stake in American Assets Trust during the 2nd quarter worth about $253,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in American Assets Trust by 7.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,793 shares of the real estate investment trust’s stock valued at $569,000 after buying an additional 1,996 shares in the last quarter. 90.41% of the stock is currently owned by institutional investors and hedge funds.

American Assets Trust Price Performance

Shares of AAT opened at $18.89 on Wednesday. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 18.71 and a beta of 1.20. American Assets Trust, Inc. has a fifty-two week low of $16.69 and a fifty-two week high of $29.15. The company has a debt-to-equity ratio of 1.52, a current ratio of 3.34 and a quick ratio of 3.55. The business’s 50-day moving average is $19.85 and its 200-day moving average is $19.92.

American Assets Trust (NYSE:AAT) last posted its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. American Assets Trust had a net margin of 13.98% and a return on equity of 5.43%. The business had revenue of $109.58 million during the quarter, compared to analysts’ expectations of $105.71 million. American Assets Trust has set its FY 2025 guidance at 1.930-2.010 EPS. Equities research analysts expect that American Assets Trust, Inc. will post 1.94 EPS for the current fiscal year.

American Assets Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 7.2%. American Assets Trust’s dividend payout ratio (DPR) is 134.65%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of American Assets Trust from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Assets Trust in a research note on Wednesday, October 8th. Finally, Mizuho lowered their price objective on shares of American Assets Trust from $22.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 20th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $20.50.

American Assets Trust Company Profile

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.