Segall Bryant & Hamill LLC Has $1.47 Million Stock Position in American Assets Trust, Inc. (NYSE:AAT)

Segall Bryant & Hamill LLC grew its position in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 27.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 72,962 shares of the real estate investment trust's stock after buying an additional 15,802 shares during the quarter. Segall Bryant & Hamill LLC owned 0.12% of American Assets Trust worth $1,469,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of American Assets Trust by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,250 shares of the real estate investment trust's stock valued at $716,000 after purchasing an additional 971 shares in the last quarter. Federated Hermes Inc. increased its holdings in American Assets Trust by 62.7% during the 4th quarter. Federated Hermes Inc. now owns 2,827 shares of the real estate investment trust's stock valued at $74,000 after acquiring an additional 1,089 shares in the last quarter. Sterling Capital Management LLC increased its holdings in American Assets Trust by 8.1% during the 4th quarter. Sterling Capital Management LLC now owns 18,225 shares of the real estate investment trust's stock valued at $479,000 after acquiring an additional 1,368 shares in the last quarter. Loomis Sayles & Co. L P purchased a new position in American Assets Trust during the 4th quarter valued at about $44,000. Finally, MetLife Investment Management LLC boosted its stake in shares of American Assets Trust by 5.9% during the 4th quarter. MetLife Investment Management LLC now owns 30,503 shares of the real estate investment trust's stock worth $801,000 after purchasing an additional 1,700 shares during the last quarter. Hedge funds and other institutional investors own 90.41% of the company's stock.

Analyst Ratings Changes

AAT has been the topic of several analyst reports. Morgan Stanley decreased their price target on shares of American Assets Trust from $24.00 to $20.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Wall Street Zen raised shares of American Assets Trust from a "hold" rating to a "buy" rating in a report on Sunday.

American Assets Trust Trading Down 0.2%

AAT stock traded down $0.05 during mid-day trading on Wednesday, reaching $20.22. 298,901 shares of the stock traded hands, compared to its average volume of 347,667. 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 52-week low of $16.69 and a 52-week high of $29.15. The company has a market cap of $1.24 billion, a P/E ratio of 15.92 and a beta of 1.15. The stock's fifty day moving average is $20.11 and its 200-day moving average is $20.82.

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

American Assets Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th were paid a $0.34 dividend. The ex-dividend date was Thursday, June 5th. This represents a $1.36 annualized dividend and a dividend yield of 6.73%. American Assets Trust's dividend payout ratio is presently 107.09%.

About American Assets Trust

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.