UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 20,173 Shares of American Assets Trust, Inc. (NYSE:AAT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 431,982 shares of the real estate investment trust's stock after purchasing an additional 20,173 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.71% of American Assets Trust worth $11,344,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its position in shares of American Assets Trust by 110.5% during the 3rd quarter. Barclays PLC now owns 110,220 shares of the real estate investment trust's stock valued at $2,946,000 after acquiring an additional 57,850 shares during the last quarter. Blue Trust Inc. raised its position in shares of American Assets Trust by 61.6% during the fourth quarter. Blue Trust Inc. now owns 9,335 shares of the real estate investment trust's stock worth $249,000 after purchasing an additional 3,560 shares during the period. KBC Group NV lifted its holdings in shares of American Assets Trust by 56.5% during the fourth quarter. KBC Group NV now owns 3,217 shares of the real estate investment trust's stock valued at $84,000 after purchasing an additional 1,161 shares during the last quarter. One Wealth Advisors LLC lifted its holdings in shares of American Assets Trust by 7.9% during the fourth quarter. One Wealth Advisors LLC now owns 13,949 shares of the real estate investment trust's stock valued at $366,000 after purchasing an additional 1,023 shares during the last quarter. Finally, abrdn plc boosted its position in shares of American Assets Trust by 30.6% in the 4th quarter. abrdn plc now owns 12,498 shares of the real estate investment trust's stock valued at $325,000 after purchasing an additional 2,930 shares during the period. 90.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AAT. Wall Street Zen raised shares of American Assets Trust from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Mizuho dropped their price target on shares of American Assets Trust from $28.00 to $22.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 25th. Finally, Morgan Stanley reduced 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 report on Thursday, April 24th.

American Assets Trust Stock Performance

Shares of AAT stock traded up $0.17 during trading hours on Wednesday, reaching $20.24. 423,643 shares of the company's stock were exchanged, compared to its average volume of 320,607. American Assets Trust, Inc. has a fifty-two week low of $16.69 and a fifty-two week high of $29.15. The company has a quick ratio of 8.17, a current ratio of 8.17 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $1.24 billion, a P/E ratio of 22.74 and a beta of 1.13. The business has a fifty day moving average price of $19.16 and a 200-day moving average price of $22.52.

American Assets Trust (NYSE:AAT - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.07. The firm had revenue of $108.61 million for the quarter, compared to analyst estimates of $112.05 million. American Assets Trust had a return on equity of 4.98% and a net margin of 12.40%. Analysts predict that American Assets Trust, Inc. will post 1.94 EPS for the current fiscal year.

American Assets Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 6.72%. The ex-dividend date of this dividend is Thursday, June 5th. American Assets Trust's dividend payout ratio (DPR) 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.