Dimensional Fund Advisors LP Has $19.40 Million Holdings in American Assets Trust, Inc. (NYSE:AAT)

Dimensional Fund Advisors LP decreased its position in American Assets Trust, Inc. (NYSE:AAT - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 738,726 shares of the real estate investment trust's stock after selling 23,893 shares during the period. Dimensional Fund Advisors LP owned about 1.21% of American Assets Trust worth $19,399,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P bought a new stake in shares of American Assets Trust in the 4th quarter valued at approximately $44,000. Smartleaf Asset Management LLC grew its stake in shares of American Assets Trust by 227.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,463 shares of the real estate investment trust's stock valued at $64,000 after purchasing an additional 1,711 shares during the period. Federated Hermes Inc. grew its stake in shares of American Assets Trust by 62.7% in the 4th quarter. Federated Hermes Inc. now owns 2,827 shares of the real estate investment trust's stock valued at $74,000 after purchasing an additional 1,089 shares during the period. KBC Group NV lifted its holdings in American Assets Trust by 56.5% during 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 during the last quarter. Finally, KLP Kapitalforvaltning AS bought a new position in American Assets Trust during the 4th quarter valued at about $231,000. Institutional investors and hedge funds own 90.43% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AAT. Morgan Stanley cut their price target on shares of American Assets Trust from $24.00 to $20.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Mizuho decreased their price target on American Assets Trust from $28.00 to $22.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 25th.

American Assets Trust Price Performance

NYSE AAT traded down $0.07 during trading hours on Tuesday, reaching $19.48. 30,730 shares of the company's stock were exchanged, compared to its average volume of 393,223. The stock has a market cap of $1.19 billion, a PE ratio of 21.89 and a beta of 1.13. American Assets Trust, Inc. has a one year low of $16.69 and a one year high of $29.15. The firm has a fifty day moving average of $19.40 and a 200-day moving average of $23.37. The company has a current ratio of 8.17, a quick 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 results on Tuesday, April 29th. The real estate investment trust reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.07. The business had revenue of $108.61 million for the quarter, compared to analyst estimates of $112.05 million. American Assets Trust had a return on equity of 4.98% and a net margin of 12.40%. On average, equities research analysts predict that American Assets Trust, Inc. will post 1.94 earnings per share for the current fiscal year.

American Assets Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th will be given a $0.34 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $1.36 dividend on an annualized basis and a yield of 6.98%. American Assets Trust's payout ratio is 107.09%.

American Assets Trust Profile

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.