Argosy Lionbridge Management LLC Takes $4.37 Million Position in American Assets Trust, Inc. $AAT

Key Points

• Argosy Lionbridge Management LLC opened a new position in American Assets Trust, buying 214,863 shares worth about $4.37 million, representing 0.35% of the company and making AAT its ninth-largest holding; institutional investors own roughly 90.41% of the stock.
• Analyst sentiment has weakened: Morgan Stanley downgraded AAT to underweight with a $17 target, and the consensus rating is "Reduce" with an average price target of $18.
• Financials and payout risk: AAT missed quarterly EPS ($0.05 vs. $0.48 est.) but provided FY26 guidance of 1.96–2.10 EPS, and it declared a $0.34 quarterly dividend (annualized yield ~7.2%) despite a high dividend payout ratio of 149.45%.

Argosy Lionbridge Management LLC acquired a new stake in American Assets Trust, Inc. (NYSE:AAT - Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 214,863 shares of the real estate investment trust's stock, valued at approximately $4,366,000. American Assets Trust accounts for 2.9% of Argosy Lionbridge Management LLC's holdings, making the stock its 9th biggest holding. Argosy Lionbridge Management LLC owned 0.35% of American Assets Trust at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Evergreen Capital Management LLC raised its holdings in shares of American Assets Trust by 5.3% during the 3rd quarter. Evergreen Capital Management LLC now owns 10,907 shares of the real estate investment trust's stock valued at $222,000 after purchasing an additional 550 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in American Assets Trust by 34.3% in the third quarter. EverSource Wealth Advisors LLC now owns 2,289 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 585 shares in the last quarter. Hantz Financial Services Inc. increased its position in American Assets Trust by 56.2% during the third quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust's stock worth $36,000 after buying an additional 646 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in American Assets Trust by 95.2% during the third quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 696 shares in the last quarter. Finally, Summit Global Investments raised its holdings in American Assets Trust by 2.9% during the second quarter. Summit Global Investments now owns 25,511 shares of the real estate investment trust's stock valued at $504,000 after buying an additional 716 shares in the last quarter. 90.41% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

American Assets Trust Stock Performance

Shares of NYSE AAT opened at $18.77 on Friday. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.56. The business's 50 day moving average is $18.74 and its two-hundred day moving average is $19.34. The company has a market cap of $1.15 billion, a P/E ratio of 20.63 and a beta of 0.95. American Assets Trust, Inc. has a 12 month low of $16.69 and a 12 month high of $21.40.

American Assets Trust (NYSE:AAT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $108.70 million. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. On average, equities analysts expect 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. Shareholders of record on Thursday, March 5th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 7.2%. The ex-dividend date is Thursday, March 5th. American Assets Trust's dividend payout ratio (DPR) is currently 149.45%.

About American Assets Trust

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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