1 week Ago By ABMN Staff
JPMorgan Chase & Co. lifted its stake in American Assets Trust, Inc. ( NYSE:AAT – Free Report ) by 11.
6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 652,216 shares of the real estate investment trust’s stock after purchasing an additional 67,687 shares during the period. JPMorgan Chase & Co.
owned about 1.07% of American Assets Trust worth $17,127,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently bought and sold shares of AAT.
FMR LLC lifted its stake in American Assets Trust by 26.6% in the third quarter. FMR LLC now owns 196,590 shares of the real estate investment trust’s stock worth $5,253,000 after acquiring an additional 41,284 shares during the last quarter.
BNP Paribas Financial Markets raised its holdings in shares of American Assets Trust by 22.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 13,467 shares of the real estate investment trust’s stock valued at $360,000 after purchasing an additional 2,512 shares in the last quarter.
Verition Fund Management LLC purchased a new stake in shares of American Assets Trust during the 3rd quarter worth $217,000. Jane Street Group LLC grew its stake in shares of American Assets Trust by 142.8% during the third quarter.
Jane Street Group LLC now owns 90,078 shares of the real estate investment trust’s stock worth $2,407,000 after purchasing an additional 52,977 shares in the last quarter. Finally, Barclays PLC increased its holdings in American Assets Trust by 110.5% in the third quarter.
Barclays PLC now owns 110,220 shares of the real estate investment trust’s stock valued at $2,946,000 after buying an additional 57,850 shares during the last quarter. 90.43% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades Separately, Mizuho decreased their price target on American Assets Trust from $28.00 to $22.00 and set a “neutral” rating for the company in a report on Tuesday, February 25th.
American Assets Trust Stock Performance Shares of AAT opened at $18.33 on Friday. The stock has a 50 day moving average price of $20.
76 and a 200 day moving average price of $24.56. American Assets Trust, Inc.
has a 52-week low of $16.69 and a 52-week high of $29.15.
The company has a quick ratio of 8.17, a current ratio of 8.17 and a debt-to-equity ratio of 1.
80. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 20.
59 and a beta of 1.12. American Assets Trust ( NYSE:AAT – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 4th.
The real estate investment trust reported $0.55 EPS for the quarter, topping the consensus estimate of $0.14 by $0.
41. American Assets Trust had a net margin of 12.40% and a return on equity of 4.
98%. Research analysts predict that American Assets Trust, Inc. will post 1.
94 EPS for the current fiscal year. American Assets Trust Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a $0.
34 dividend. This is an increase from American Assets Trust’s previous quarterly dividend of $0.34.
The ex-dividend date was Thursday, March 6th. This represents a $1.36 annualized dividend and a yield of 7.
42%. American Assets Trust’s dividend payout ratio is 152.81%.
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. Featured Stories Receive News & Ratings for American Assets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Assets Trust and related companies with MarketBeat.
com's FREE daily email newsletter ..
