American Assets Trust, Inc. $AAT Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors reduced its American Assets Trust stake by 14.1%, selling 101,023 shares and retaining 616,883 shares valued at approximately $11.4 million. Institutional investors collectively own 90.41% of the REIT.
• American Assets Trust reported quarterly EPS of $0.09, below the $0.10 analyst consensus, while revenue of $109.48 million also missed estimates. The company maintained full-year 2026 EPS guidance of $2.03.
• The REIT declared a quarterly dividend of $0.34, equivalent to a 6.0% annualized yield, but its payout ratio is exceptionally high at 468.97%. Analysts’ average rating is “Reduce,” with a $21.50 price target versus the reported share price of $22.85.

Dimensional Fund Advisors LP trimmed its position in American Assets Trust, Inc. (NYSE:AAT - Free Report) by 14.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 616,883 shares of the real estate investment trust's stock after selling 101,023 shares during the period. Dimensional Fund Advisors LP owned about 1.00% of American Assets Trust worth $11,357,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Van ECK Associates Corp raised its stake in American Assets Trust by 5.3% in the 3rd quarter. Van ECK Associates Corp now owns 14,831 shares of the real estate investment trust's stock valued at $301,000 after purchasing an additional 745 shares during the last quarter. HighTower Advisors LLC boosted its stake in American Assets Trust by 3.6% during the 4th quarter. HighTower Advisors LLC now owns 21,560 shares of the real estate investment trust's stock worth $408,000 after purchasing an additional 749 shares during the last quarter. Resona Asset Management Co. Ltd. grew its holdings in shares of American Assets Trust by 4.0% during the first quarter. Resona Asset Management Co. Ltd. now owns 20,997 shares of the real estate investment trust's stock worth $386,000 after buying an additional 807 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of American Assets Trust by 16.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,758 shares of the real estate investment trust's stock worth $109,000 after buying an additional 833 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its position in shares of American Assets Trust by 27.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust's stock valued at $79,000 after buying an additional 893 shares during the last quarter. Institutional investors and hedge funds own 90.41% of the company's stock.

American Assets Trust Stock Performance

NYSE AAT opened at $22.85 on Monday. The stock has a fifty day simple moving average of $24.38 and a 200-day simple moving average of $21.32. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.61. The stock has a market cap of $1.40 billion, a PE ratio of 78.80 and a beta of 0.96. American Assets Trust, Inc. has a twelve month low of $17.72 and a twelve month high of $25.97.

American Assets Trust (NYSE:AAT - Get Free Report) last posted its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.01). American Assets Trust had a net margin of 4.09% and a return on equity of 1.66%. The company had revenue of $109.48 million during the quarter, compared to analyst estimates of $110.64 million. American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. Equities analysts anticipate that American Assets Trust, Inc. will post 2.03 earnings per share for the current year.

American Assets Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Thursday, September 3rd. American Assets Trust's dividend payout ratio is currently 468.97%.

Analyst Ratings Changes

A number of research firms have recently issued reports on AAT. Morgan Stanley upped their price target on American Assets Trust from $18.00 to $24.00 and gave the company an "underweight" rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded American Assets Trust from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average price target of $21.50.

American Assets Trust 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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