JPMorgan Chase & Co. Purchases 918,635 Shares of American Assets Trust, Inc. $AAT

Key Points

• JPMorgan Chase & Co. boosted its stake in American Assets Trust by 189.8% in Q3, buying 918,635 shares to hold 1,402,665 shares (about 2.29% of the company) valued at roughly $28.5 million.
• The REIT reported a quarterly EPS of $0.05 vs. $0.48 expected (missing by $0.43) and set FY2026 guidance of 1.960–2.100 EPS, while analysts carry an average "Reduce" rating with an $18.00 price target.
• American Assets Trust pays a quarterly dividend of $0.34 (annualized $1.36) for a yield of 7.3%, but the dividend payout ratio is a high 149.45%, signaling potential sustainability concerns.

JPMorgan Chase & Co. increased its position in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 189.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,402,665 shares of the real estate investment trust's stock after acquiring an additional 918,635 shares during the quarter. JPMorgan Chase & Co. owned about 2.29% of American Assets Trust worth $28,502,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its holdings in American Assets Trust by 95.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,427 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 696 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in American Assets Trust by 262.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,704 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 1,234 shares during the period. Hantz Financial Services Inc. boosted its stake in shares of American Assets Trust by 56.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,795 shares of the real estate investment trust's stock valued at $36,000 after purchasing an additional 646 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of American Assets Trust by 32.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust's stock worth $94,000 after buying an additional 1,165 shares during the period. Finally, State of Wyoming grew its position in shares of American Assets Trust by 131.5% during the 2nd quarter. State of Wyoming now owns 5,646 shares of the real estate investment trust's stock worth $112,000 after buying an additional 3,207 shares during the period. Institutional investors own 90.41% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of American Assets Trust in a research note on Wednesday, January 21st. Morgan Stanley lowered shares of 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. Wall Street Zen upgraded shares of American Assets Trust from a "sell" rating to a "hold" rating in a research report on Saturday, February 14th. Finally, Mizuho set a $19.00 price target on American Assets Trust in a research note on Friday, January 9th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, American Assets Trust presently has an average rating of "Reduce" and an average price target of $18.00.

American Assets Trust Price Performance

American Assets Trust stock opened at $18.74 on Tuesday. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 1.56. The firm has a market capitalization of $1.15 billion, a P/E ratio of 20.59 and a beta of 0.94. The business has a 50-day moving average of $18.76 and a 200-day moving average of $19.25. American Assets Trust, Inc. has a 1 year low of $16.69 and a 1 year high of $21.40.

American Assets Trust (NYSE:AAT - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.43). American Assets Trust had a net margin of 12.76% and a return on equity of 4.96%. The firm 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 anticipate that American Assets Trust, Inc. will post 1.94 EPS for the current year.

American Assets Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th were issued a $0.34 dividend. The ex-dividend date was Thursday, March 5th. This represents a $1.36 annualized dividend and a yield of 7.3%. American Assets Trust's dividend payout ratio (DPR) is 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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