GAMMA Investing LLC Has $363,000 Stake in American Assets Trust, Inc. (NYSE:AAT)

GAMMA Investing LLC lifted its holdings in American Assets Trust, Inc. (NYSE:AAT - Free Report) by 1,438.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,025 shares of the real estate investment trust's stock after acquiring an additional 16,853 shares during the period. GAMMA Investing LLC's holdings in American Assets Trust were worth $363,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of AAT. Van ECK Associates Corp grew its stake in shares of American Assets Trust by 19.6% in the fourth quarter. Van ECK Associates Corp now owns 11,308 shares of the real estate investment trust's stock valued at $297,000 after acquiring an additional 1,851 shares in the last quarter. Principal Financial Group Inc. lifted its position in American Assets Trust by 3.7% during the fourth quarter. Principal Financial Group Inc. now owns 253,298 shares of the real estate investment trust's stock worth $6,652,000 after purchasing an additional 8,969 shares during the period. New York State Common Retirement Fund lifted its position in American Assets Trust by 6.1% during the fourth quarter. New York State Common Retirement Fund now owns 17,831 shares of the real estate investment trust's stock worth $468,000 after purchasing an additional 1,019 shares during the period. Handelsbanken Fonder AB lifted its holdings in shares of American Assets Trust by 17.5% in the fourth quarter. Handelsbanken Fonder AB now owns 14,802 shares of the real estate investment trust's stock worth $389,000 after acquiring an additional 2,200 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of American Assets Trust by 227.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,463 shares of the real estate investment trust's stock worth $64,000 after acquiring an additional 1,711 shares during the last quarter. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wall Street Zen raised American Assets Trust from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Mizuho lowered their price objective on American Assets Trust from $28.00 to $22.00 and set a "neutral" rating for the company in a research note on Tuesday, February 25th. Finally, Morgan Stanley lowered their price objective on American Assets Trust from $24.00 to $20.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th.

American Assets Trust Trading Down 0.6%

NYSE:AAT traded down $0.12 on Friday, reaching $20.21. 1,053,869 shares of the stock traded hands, compared to its average volume of 324,431. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 15.91 and a beta of 1.16. The company's 50 day moving average is $19.53 and its 200-day moving average is $21.82. The company has a current ratio of 4.12, a quick ratio of 4.12 and a debt-to-equity ratio of 1.47. American Assets Trust, Inc. has a 1-year low of $16.69 and a 1-year high of $29.15.

American Assets Trust (NYSE:AAT - Get Free Report) last released its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.07. The business had revenue of $108.61 million during the quarter, compared to the consensus estimate of $112.05 million. American Assets Trust had a net margin of 17.57% and a return on equity of 7.02%. Equities research analysts anticipate that American Assets Trust, Inc. will post 1.94 EPS for the current fiscal year.

American Assets Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 6.73%. The ex-dividend date of this dividend was Thursday, June 5th. American Assets Trust's dividend payout ratio (DPR) is 107.09%.

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.