Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in American Assets Trust, Inc. (NYSE:AAT)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in American Assets Trust, Inc. (NYSE:AAT - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 183,902 shares of the real estate investment trust's stock, valued at approximately $4,829,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.30% of American Assets Trust at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in American Assets Trust by 3.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,250 shares of the real estate investment trust's stock worth $716,000 after acquiring an additional 971 shares during the period. New York State Common Retirement Fund grew its stake in shares of American Assets Trust by 6.1% in 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 acquiring an additional 1,019 shares in the last quarter. One Wealth Advisors LLC grew its position 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 worth $366,000 after buying an additional 1,023 shares in the last quarter. Federated Hermes Inc. increased its holdings in American Assets Trust by 62.7% in the fourth quarter. Federated Hermes Inc. now owns 2,827 shares of the real estate investment trust's stock valued at $74,000 after buying an additional 1,089 shares during the last quarter. Finally, KBC Group NV raised its holdings in 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 worth $84,000 after purchasing an additional 1,161 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

American Assets Trust Stock Performance

Shares of AAT traded up $0.12 during midday trading on Wednesday, hitting $20.19. 216,084 shares of the stock traded hands, compared to its average volume of 319,723. American Assets Trust, Inc. has a 1-year low of $16.69 and a 1-year high of $29.15. The company has a debt-to-equity ratio of 1.80, a quick ratio of 8.17 and a current ratio of 8.17. The firm has a market capitalization of $1.23 billion, a PE ratio of 22.69 and a beta of 1.13. The business's 50 day moving average price is $19.15 and its two-hundred day moving average price is $22.53.

American Assets Trust (NYSE:AAT - Get Free Report) last issued its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.07. American Assets Trust had a net margin of 12.40% and a return on equity of 4.98%. The firm had revenue of $108.61 million during the quarter, compared to analysts' expectations of $112.05 million. Equities research 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 announced a quarterly dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, June 5th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $1.36 annualized dividend and a yield of 6.74%. American Assets Trust's dividend payout ratio (DPR) is currently 107.09%.

Analyst Upgrades and Downgrades

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

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.