American Assets Trust (NYSE:AAT) Shares Pass Above 200-Day Moving Average - Here's What Happened

Key Points

• American Assets Trust shares crossed above their 200-day moving average
• The REIT reported a sharp quarterly EPS miss of $0.05 versus $0.48 expected, while issuing FY2026 guidance of 1.960–2.100 EPS and analysts forecasting about 1.94 EPS for the year.
• The company pays a quarterly dividend of $0.34 (annualized yield ~7.0%), but the payout ratio is an elevated 149.45%, signaling potential sustainability concerns.

American Assets Trust, Inc. (NYSE:AAT - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.07 and traded as high as $19.49. American Assets Trust shares last traded at $19.42, with a volume of 166,064 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Mizuho set a $19.00 price objective on American Assets Trust in a report on Friday, January 9th. Wall Street Zen upgraded American Assets Trust from a "sell" rating to a "hold" rating in a report on Saturday, February 14th. Weiss Ratings reiterated a "hold (c)" rating on shares of American Assets Trust in a report on Wednesday, January 21st. Finally, Morgan Stanley upped their target price on American Assets Trust from $17.00 to $18.00 and gave the stock an "underweight" rating in a report on Thursday, March 26th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $18.50.

American Assets Trust Stock Up 0.9%

The firm has a market capitalization of $1.19 billion, a PE ratio of 21.34 and a beta of 0.93. The company has a fifty day simple moving average of $18.91 and a two-hundred day simple moving average of $19.07. The company has a debt-to-equity ratio of 1.56, a quick ratio of 3.11 and a current ratio of 3.11.

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 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.43). American Assets Trust had a return on equity of 4.96% and a net margin of 12.76%.The firm had revenue of $110.09 million during the quarter, compared to analysts' expectations of $108.70 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. Analysts forecast that American Assets Trust, Inc. will post 1.94 EPS for the current fiscal year.

American Assets Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend was Thursday, March 5th. American Assets Trust's payout ratio is presently 149.45%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in AAT. Smartleaf Asset Management LLC raised its position in shares of American Assets Trust by 95.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust's stock worth $29,000 after acquiring an additional 696 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of 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 worth $34,000 after acquiring an additional 1,234 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of American Assets Trust by 56.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 646 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its position in shares of American Assets Trust by 27.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust's stock worth $79,000 after acquiring an additional 893 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its position 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 worth $94,000 after acquiring an additional 1,165 shares in the last quarter. 90.41% of the stock is owned by institutional investors.

About American Assets Trust

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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