American Assets Trust, Inc. $AAT Shares Acquired by Strs Ohio

Key Points

• Strs Ohio dramatically increased its stake in American Assets Trust by 2,773.5% in Q4 and now owns 281,600 shares (about $5.33M), representing roughly 0.46% of the company.
• The company declared a quarterly dividend of $0.34 ($1.36 annualized) for a yield of 6.5%, but the payout ratio is an elevated 468.97%, signaling potential sustainability concerns.
• Analysts have an average rating of "Reduce" with a consensus target of $18.50 (shares trading around $20.86), and the firm recently missed quarterly EPS estimates ($0.08 vs. $0.11) while setting FY2026 guidance of 1.960–2.100 EPS.

Strs Ohio lifted its position in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 2,773.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 281,600 shares of the real estate investment trust's stock after buying an additional 271,800 shares during the period. Strs Ohio owned 0.46% of American Assets Trust worth $5,331,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in American Assets Trust by 38.7% in the 1st quarter. Royal Bank of Canada now owns 33,674 shares of the real estate investment trust's stock valued at $678,000 after acquiring an additional 9,393 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in American Assets Trust by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,490 shares of the real estate investment trust's stock valued at $574,000 after purchasing an additional 1,240 shares during the last quarter. Jane Street Group LLC increased its stake in American Assets Trust by 534.0% in the first quarter. Jane Street Group LLC now owns 158,297 shares of the real estate investment trust's stock valued at $3,188,000 after purchasing an additional 133,329 shares during the last quarter. Creative Planning purchased a new position in American Assets Trust during the second quarter worth about $253,000. Finally, Russell Investments Group Ltd. boosted its stake in American Assets Trust by 179.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 30,349 shares of the real estate investment trust's stock worth $599,000 after buying an additional 19,505 shares during the last quarter. Institutional investors and hedge funds own 90.41% of the company's stock.

Analyst Upgrades and Downgrades

AAT has been the subject of several recent analyst reports. Mizuho set a $19.00 price target on American Assets Trust in a report on Friday, January 9th. Morgan Stanley boosted their target price on shares of American Assets Trust from $17.00 to $18.00 and gave the company an "underweight" rating in a report on Thursday, March 26th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of American Assets Trust in a research report on Wednesday, January 21st. Finally, Wall Street Zen raised shares of American Assets Trust from a "sell" rating to a "hold" rating in a research note on Saturday, February 14th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, American Assets Trust presently has an average rating of "Reduce" and a consensus target price of $18.50.

American Assets Trust Stock Up 1.4%

Shares of American Assets Trust stock opened at $20.86 on Wednesday. The company has a quick ratio of 3.11, a current ratio of 3.04 and a debt-to-equity ratio of 1.58. The business has a 50-day moving average price of $19.49 and a 200 day moving average price of $19.12. American Assets Trust, Inc. has a fifty-two week low of $17.72 and a fifty-two week high of $21.61. The firm has a market cap of $1.28 billion, a P/E ratio of 71.94 and a beta of 0.95.

American Assets Trust (NYSE:AAT - Get Free Report) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.03). American Assets Trust had a return on equity of 1.65% and a net margin of 4.16%.The company had revenue of $110.59 million during the quarter, compared to analyst estimates of $109.78 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. On average, sell-side analysts forecast that American Assets Trust, Inc. will post 2.03 earnings per share for the current fiscal year.

American Assets Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Thursday, June 4th. American Assets Trust's payout ratio is presently 468.97%.

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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