Graham Capital Management L.P. Takes Position in American Assets Trust, Inc. (NYSE:AAT)

Graham Capital Management L.P. purchased a new stake in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 16,775 shares of the real estate investment trust's stock, valued at approximately $441,000.

A number of other large investors also recently bought and sold shares of the business. Barclays PLC grew its position in American Assets Trust by 110.5% during the third quarter. Barclays PLC now owns 110,220 shares of the real estate investment trust's stock valued at $2,946,000 after buying an additional 57,850 shares during the period. Ritholtz Wealth Management raised its holdings in American Assets Trust by 21.6% during the 4th quarter. Ritholtz Wealth Management now owns 97,281 shares of the real estate investment trust's stock valued at $2,555,000 after buying an additional 17,254 shares during the period. Blue Trust Inc. lifted its stake in American Assets Trust by 61.6% in 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 last quarter. KBC Group NV grew its holdings in shares of American Assets Trust by 56.5% in 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 during the last quarter. Finally, One Wealth Advisors LLC lifted its holdings in shares of American Assets Trust by 7.9% in the 4th 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 during the period. 90.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on AAT. Mizuho decreased their price target on 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. Morgan Stanley lowered their price objective on 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.

American Assets Trust Trading Down 0.9%

NYSE:AAT traded down $0.18 during trading hours on Thursday, hitting $19.15. The company had a trading volume of 26,285 shares, compared to its average volume of 388,478. American Assets Trust, Inc. has a 1 year low of $16.69 and a 1 year high of $29.15. The company has a market cap of $1.17 billion, a P/E ratio of 21.51 and a beta of 1.13. The company has a 50-day moving average of $19.27 and a 200 day moving average of $23.06. The company has a current ratio of 8.17, a quick ratio of 8.17 and a debt-to-equity ratio of 1.80.

American Assets Trust (NYSE:AAT - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.52 EPS for the quarter, topping 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 net margin of 12.40% and a return on equity of 4.98%. Sell-side analysts expect that American Assets Trust, Inc. will post 1.94 earnings per share for the current year.

American Assets Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, June 5th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 7.10%. The ex-dividend date of this dividend is Thursday, June 5th. American Assets Trust's payout ratio 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.