1 week Ago By Defense World Staff
Norges Bank purchased a new position in shares of American Assets Trust, Inc. (NYSE:AAT – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 228,873 shares of the real estate investment trust’s stock, valued at approximately $6,010,000.
Norges Bank owned approximately 0.38% of American Assets Trust at the end of the most recent reporting period. A number of other institutional investors have also modified their holdings of the company.
Integrated Wealth Concepts LLC lifted its position in American Assets Trust by 2.3% during the third quarter. Integrated Wealth Concepts LLC now owns 17,076 shares of the real estate investment trust’s stock valued at $456,000 after buying an additional 388 shares in the last quarter.
New York State Common Retirement Fund lifted its holdings in shares of American Assets Trust by 6.1% during the 4th quarter. New York State Common Retirement Fund now owns 17,831 shares of the real estate investment trust’s stock valued at $468,000 after acquiring an additional 1,019 shares in the last quarter.
One Wealth Advisors LLC boosted its position in American Assets Trust by 7.9% during the 4th quarter. One Wealth Advisors LLC now owns 13,949 shares of the real estate investment trust’s stock worth $366,000 after purchasing an additional 1,023 shares during the period.
KBC Group NV increased its holdings in American Assets Trust by 56.5% in the 4th quarter. KBC Group NV now owns 3,217 shares of the real estate investment trust’s stock valued at $84,000 after purchasing an additional 1,161 shares in the last quarter.
Finally, Tidal Investments LLC raised its position in American Assets Trust by 4.3% in the third quarter. Tidal Investments LLC now owns 32,393 shares of the real estate investment trust’s stock valued at $866,000 after purchasing an additional 1,341 shares during the period.
Institutional investors and hedge funds own 90.43% of the company’s stock. American Assets Trust Price PerformanceShares of NYSE:AAT opened at $18.
51 on Thursday. The company has a market cap of $1.13 billion, a PE ratio of 20.
79 and a beta of 1.12. American Assets Trust, Inc.
has a fifty-two week low of $16.69 and a fifty-two week high of $29.15.
The firm has a 50-day simple moving average of $21.00 and a 200 day simple moving average of $24.69.
The company has a quick ratio of 8.17, a current ratio of 8.17 and a debt-to-equity ratio of 1.
80. American Assets Trust (NYSE:AAT – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.
55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.41.
American Assets Trust had a net margin of 12.40% and a return on equity of 4.98%.
On average, sell-side analysts anticipate that American Assets Trust, Inc. will post 1.94 EPS for the current year.
American Assets Trust Increases DividendThe company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were issued a dividend of $0.34 per share.
This is a positive change from American Assets Trust’s previous quarterly dividend of $0.34. This represents a $1.
36 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date was Thursday, March 6th.
American Assets Trust’s payout ratio is presently 152.81%. Wall Street Analyst Weigh InSeparately, 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.View Our Latest Stock Report on AATAmerican Assets Trust 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.Further ReadingFive stocks we like better than American Assets TrustWhat Are Earnings Reports?Quantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreDividend Payout Ratio CalculatorAre Tariffs Threatening Disney’s Comeback Story?Overbought Stocks Explained: Should You Trade Them?Is Alphabet a Generational Buying Opportunity at These Levels?Want to see what other hedge funds are holding AAT? Visit HoldingsChannel.
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