American Assets Trust, Inc. $AAT Shares Bought by Algert Global LLC

Key Points

• Institutional buying: Algert Global LLC increased its stake in American Assets Trust by 44.1% to 406,562 shares (≈$8.26M) and JPMorgan Chase boosted its position by 189.8% to 1,402,665 shares (≈$28.5M), and institutions now own about 90.41% of the stock.
• Dividend vs. payout risk: The company declared a quarterly dividend of $0.34 ($1.36 annualized, ~7.1% yield) with an ex-dividend date of March 5, but the dividend payout ratio is a high 149.45%, signaling possible sustainability concerns.
• Earnings miss and outlook: AAT reported Q earnings of $0.05 EPS versus $0.48 expected (revenue $110.09M), set FY2026 guidance of 1.960–2.100 EPS, while analysts' average view is subdued (average target ~$18 and consensus rating "Reduce").

Algert Global LLC grew its holdings in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 44.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 406,562 shares of the real estate investment trust's stock after buying an additional 124,347 shares during the period. Algert Global LLC owned 0.66% of American Assets Trust worth $8,261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. raised its position in shares of American Assets Trust by 189.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,402,665 shares of the real estate investment trust's stock worth $28,502,000 after acquiring an additional 918,635 shares in the last quarter. Senvest Management LLC acquired a new position in American Assets Trust in the second quarter valued at approximately $14,184,000. Waterfall Asset Management LLC purchased a new position in American Assets Trust in the third quarter valued at approximately $6,394,000. B&I Capital AG purchased a new position in American Assets Trust in the second quarter valued at approximately $5,838,000. Finally, Kennedy Capital Management LLC raised its holdings in American Assets Trust by 54.3% during the second quarter. Kennedy Capital Management LLC now owns 491,979 shares of the real estate investment trust's stock worth $9,717,000 after purchasing an additional 173,083 shares in the last quarter. 90.41% of the stock is owned by institutional investors and hedge funds.

American Assets Trust Price Performance

Shares of NYSE:AAT opened at $19.15 on Tuesday. American Assets Trust, Inc. has a one year low of $16.69 and a one year high of $21.40. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 21.04 and a beta of 0.95. The company has a 50-day simple moving average of $18.76 and a 200-day simple moving average of $19.32. 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 released its quarterly earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $110.09 million for 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. On average, analysts predict that American Assets Trust, Inc. will post 1.94 EPS for the current year.

American Assets Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Thursday, March 5th. American Assets Trust's dividend payout ratio is 149.45%.

Wall Street Analysts Forecast Growth

AAT has been the subject of several recent analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of American Assets Trust in a research report on Wednesday, January 21st. Wall Street Zen raised shares of American Assets Trust from a "sell" rating to a "hold" rating in a research report on Saturday, February 14th. Morgan Stanley cut shares of American Assets Trust from an "equal weight" rating to an "underweight" rating and set a $17.00 price target for the company. in a research report on Friday, January 16th. Finally, Mizuho set a $19.00 price objective on shares of American Assets Trust in a research note on Friday, January 9th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Reduce" and an average target price of $18.00.

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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