American Assets Trust (NYSE:AAT) Price Target Raised to $18.00

Key Points

• Morgan Stanley raised its price target on American Assets Trust to $18.00 (from $17.00) but maintained an "underweight" rating, with the new target implying roughly a 2.89% downside from the prior close.
• American Assets Trust reported an EPS miss ($0.05 vs. $0.48 expected) and set FY2026 guidance of 1.960–2.100 EPS, while analysts project about 1.94 EPS for the fiscal year.
• The stock trades near $18.54 with a market cap of $1.14B, and analysts' consensus rating is "Reduce" with a consensus target price of $18.50 (two Holds and one Sell among recent ratings).

American Assets Trust (NYSE:AAT - Get Free Report) had its price target boosted by Morgan Stanley from $17.00 to $18.00 in a report issued on Thursday,Benzinga reports. The firm presently has an "underweight" rating on the real estate investment trust's stock. Morgan Stanley's price target suggests a potential downside of 2.89% from the stock's previous close.

Other equities research analysts have also issued research reports about the company. Weiss Ratings reissued a "hold (c)" rating on shares of American Assets Trust in a research note on Wednesday, January 21st. Wall Street Zen upgraded American Assets Trust from a "sell" rating to a "hold" rating in a research report on Saturday, February 14th. Finally, Mizuho set a $19.00 price target on American Assets Trust in a research report on Friday, January 9th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and a consensus target price of $18.50.

American Assets Trust Price Performance

AAT stock traded up $0.18 on Thursday, reaching $18.54. 118,919 shares of the company's stock were exchanged, compared to its average volume of 460,629. The stock has a fifty day moving average of $18.75 and a 200-day moving average of $19.22. American Assets Trust has a twelve month low of $16.69 and a twelve month high of $21.40. The firm has a market cap of $1.14 billion, a PE ratio of 20.37 and a beta of 0.95. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.56.

American Assets Trust (NYSE:AAT - Get Free Report) last issued its earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.43). The company had revenue of $110.09 million for the quarter, compared to analysts' expectations of $108.70 million. American Assets Trust had a return on equity of 4.96% and a net margin of 12.76%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. As a group, equities analysts predict that American Assets Trust will post 1.94 EPS for the current fiscal year.

Hedge Funds Weigh In On American Assets Trust

A number of institutional investors have recently added to or reduced their stakes in AAT. Smartleaf Asset Management LLC increased its holdings in American Assets Trust by 95.2% in the third quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 696 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in American Assets Trust by 262.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,704 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 1,234 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of American Assets Trust by 56.2% during the third quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust's stock valued at $36,000 after purchasing an additional 646 shares during the period. Federation des caisses Desjardins du Quebec raised its stake in shares of American Assets Trust by 27.4% during the fourth 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 in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in American Assets Trust by 32.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust's stock worth $94,000 after purchasing an additional 1,165 shares during the period. Institutional investors and hedge funds own 90.41% of the company's stock.

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.

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