Segall Bryant & Hamill LLC Increases Stock Holdings in American Assets Trust, Inc. (NYSE:AAT)

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

A number of other large investors have also made changes to their positions in the stock. T. Rowe Price Investment Management Inc. boosted its stake in shares of American Assets Trust by 0.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,793,745 shares of the real estate investment trust's stock valued at $47,104,000 after acquiring an additional 6,039 shares during the last quarter. Northern Trust Corp boosted its stake in American Assets Trust by 16.0% in the 4th quarter. Northern Trust Corp now owns 856,868 shares of the real estate investment trust's stock worth $22,501,000 after buying an additional 118,315 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in American Assets Trust by 8.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 728,386 shares of the real estate investment trust's stock worth $19,127,000 after buying an additional 55,762 shares during the last quarter. Wellington Management Group LLP boosted its stake in American Assets Trust by 693.7% in the 4th quarter. Wellington Management Group LLP now owns 661,763 shares of the real estate investment trust's stock worth $17,378,000 after buying an additional 578,386 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in American Assets Trust by 11.6% in the 4th quarter. JPMorgan Chase & Co. now owns 652,216 shares of the real estate investment trust's stock worth $17,127,000 after buying an additional 67,687 shares during the last quarter. Institutional investors and hedge funds own 90.41% of the company's stock.

Analysts Set New Price Targets

AAT has been the topic of a number of research analyst reports. Morgan Stanley decreased their price target on 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 American Assets Trust from a "hold" rating to a "buy" rating in a research note on Sunday.

American Assets Trust Trading Down 0.1%

NYSE:AAT traded down $0.02 during mid-day trading on Friday, reaching $20.15. The company's stock had a trading volume of 332,363 shares, compared to its average volume of 347,217. The company's fifty day simple moving average is $20.07 and its two-hundred day simple moving average is $20.91. The stock has a market cap of $1.23 billion, a P/E ratio of 15.87 and a beta of 1.15. The company has a debt-to-equity ratio of 1.47, a current ratio of 4.12 and a quick ratio of 4.12. American Assets Trust, Inc. has a twelve month low of $16.69 and a twelve month high of $29.15.

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

American Assets Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th were issued a $0.34 dividend. The ex-dividend date was Thursday, June 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.75%. American Assets Trust's dividend payout ratio (DPR) is 107.09%.

American Assets Trust 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.