13,894 Shares in American Assets Trust, Inc. (NYSE:AAT) Purchased by XTX Topco Ltd

Key Points

• XTX Topco Ltd acquired 13,894 shares of American Assets Trust, valued at approximately $280,000, marking a new stake in the real estate investment trust.
• American Assets Trust's recent quarterly earnings reported $0.52 EPS, exceeding the consensus estimate, alongside a net margin of 16.26% and revenue of $107.93 million.
• The company announced a quarterly dividend of $0.34 per share, representing an annualized yield of 7.3%, with a payout ratio of 117.24%.

XTX Topco Ltd purchased a new position in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,894 shares of the real estate investment trust's stock, valued at approximately $280,000.

Other hedge funds have also bought and sold shares of the company. Wellington Management Group LLP boosted its stake in shares of American Assets Trust by 693.7% in the 4th quarter. Wellington Management Group LLP now owns 661,763 shares of the real estate investment trust's stock valued at $17,378,000 after purchasing an additional 578,386 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of American Assets Trust in the 4th quarter valued at approximately $4,829,000. Allianz Asset Management GmbH boosted its stake in shares of American Assets Trust by 20.4% in the 1st quarter. Allianz Asset Management GmbH now owns 893,652 shares of the real estate investment trust's stock valued at $17,998,000 after purchasing an additional 151,541 shares in the last quarter. Northern Trust Corp boosted its stake in shares of American Assets Trust by 16.0% in the 4th quarter. Northern Trust Corp now owns 856,868 shares of the real estate investment trust's stock valued at $22,501,000 after purchasing an additional 118,315 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of American Assets Trust by 112.9% in the 4th quarter. Renaissance Technologies LLC now owns 195,200 shares of the real estate investment trust's stock valued at $5,126,000 after purchasing an additional 103,500 shares in the last quarter. 90.41% of the stock is owned by institutional investors.

American Assets Trust Stock Down 0.6%

Shares of NYSE AAT opened at $18.75 on Tuesday. The company has a 50 day simple moving average of $20.02 and a 200 day simple moving average of $20.29. The firm has a market cap of $1.15 billion, a PE ratio of 16.16 and a beta of 1.17. American Assets Trust, Inc. has a 1 year low of $16.69 and a 1 year high of $29.15. The company has a debt-to-equity ratio of 1.50, a current ratio of 3.55 and a quick ratio of 3.55.

American Assets Trust (NYSE:AAT - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.03. American Assets Trust had a net margin of 16.26% and a return on equity of 6.47%. The firm had revenue of $107.93 million during the quarter, compared to analyst estimates of $107.75 million. On average, research analysts forecast that American Assets Trust, Inc. will post 1.94 EPS for the current year.

American Assets Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, September 4th. This represents a $1.36 annualized dividend and a yield of 7.3%. American Assets Trust's dividend payout ratio (DPR) is presently 117.24%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AAT shares. Wall Street Zen downgraded shares of American Assets Trust from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. Morgan Stanley reduced their price target on shares of American Assets Trust from $24.00 to $20.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th.

American Assets Trust Company 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.

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