Mitsubishi UFJ Asset Management Co. Ltd. Takes $1 Million Position in American Assets Trust, Inc. $AAT

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of American Assets Trust, Inc. (NYSE:AAT) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 40,603 shares of the real estate investment trust’s stock, valued at approximately $1,002,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.07% of American Assets Trust as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. BROOKFIELD Corp ON boosted its holdings in American Assets Trust by 63.3% in the first quarter. BROOKFIELD Corp ON now owns 1,602 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 621 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings 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 last quarter. Blue Trust Inc. lifted its position in American Assets Trust by 5,717.7% during the 1st quarter. Blue Trust Inc. now owns 3,607 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 3,545 shares during the period. Federation des caisses Desjardins du Quebec lifted its position in American Assets Trust by 27.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 893 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of American Assets Trust by 32.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 1,165 shares during the last quarter. Institutional investors and hedge funds own 90.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AAT shares. 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, July 22nd. Weiss Ratings restated a “hold (c)” rating on shares of American Assets Trust in a report on Tuesday. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $21.50.

American Assets Trust Price Performance

American Assets Trust stock opened at $22.82 on Friday. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.61. The firm has a market capitalization of $1.40 billion, a P/E ratio of 78.69 and a beta of 0.96. The business has a 50-day moving average of $24.13 and a 200-day moving average of $21.62. American Assets Trust, Inc. has a 1 year low of $17.72 and a 1 year high of $25.97.

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

American Assets Trust Dividend Announcement

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

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.