American Assets Trust, Inc. (NYSE:AAT) Shares Purchased by Wellington Management Group LLP

Wellington Management Group LLP lifted its holdings in American Assets Trust, Inc. (NYSE:AAT - Free Report) by 693.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 661,763 shares of the real estate investment trust's stock after buying an additional 578,386 shares during the quarter. Wellington Management Group LLP owned approximately 1.08% of American Assets Trust worth $17,378,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC increased its stake in American Assets Trust by 110.5% in the third quarter. Barclays PLC now owns 110,220 shares of the real estate investment trust's stock worth $2,946,000 after purchasing an additional 57,850 shares during the period. Amundi grew its holdings in shares of American Assets Trust by 40.4% in the fourth quarter. Amundi now owns 50,464 shares of the real estate investment trust's stock worth $1,229,000 after purchasing an additional 14,527 shares during the last quarter. Raymond James Financial Inc. purchased a new position in American Assets Trust in the 4th quarter worth about $1,703,000. Norges Bank purchased a new position in American Assets Trust in the 4th quarter worth about $6,010,000. Finally, Thrivent Financial for Lutherans lifted its holdings in American Assets Trust by 187.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 107,116 shares of the real estate investment trust's stock valued at $2,813,000 after buying an additional 69,812 shares in the last quarter. 90.43% of the stock is owned by institutional investors.

American Assets Trust Stock Down 0.4%

NYSE:AAT traded down $0.09 during trading hours on Tuesday, reaching $20.12. The company's stock had a trading volume of 772,616 shares, compared to its average volume of 320,329. The stock has a 50 day moving average price of $19.16 and a two-hundred day moving average price of $22.55. 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 company has a market capitalization of $1.23 billion, a P/E ratio of 22.61 and a beta of 1.13. American Assets Trust, Inc. has a 12 month low of $16.69 and a 12 month high of $29.15.

American Assets Trust (NYSE:AAT - Get Free Report) last posted its 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. American Assets Trust had a return on equity of 4.98% and a net margin of 12.40%. The company had revenue of $108.61 million for the quarter, compared to analyst estimates of $112.05 million. Equities 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. Shareholders of record on Thursday, June 5th will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 6.76%. The ex-dividend date is Thursday, June 5th. American Assets Trust's dividend payout ratio is presently 107.09%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AAT shares. Morgan Stanley decreased their target price 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. Wall Street Zen upgraded American Assets Trust from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Finally, Mizuho lowered their price objective on shares of American Assets Trust from $28.00 to $22.00 and set a "neutral" rating for the company in a research note on Tuesday, February 25th.

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.