GSA Capital Partners LLP Sells 23,784 Shares of American Assets Trust, Inc. (NYSE:AAT)

GSA Capital Partners LLP decreased its position in American Assets Trust, Inc. (NYSE:AAT - Free Report) by 56.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,153 shares of the real estate investment trust's stock after selling 23,784 shares during the period. GSA Capital Partners LLP's holdings in American Assets Trust were worth $485,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signaturefd LLC lifted its stake in American Assets Trust by 130.3% during the second quarter. Signaturefd LLC now owns 1,872 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 1,059 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in American Assets Trust by 34.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,891 shares of the real estate investment trust's stock valued at $50,000 after purchasing an additional 488 shares during the last quarter. Blue Trust Inc. lifted its position in shares of American Assets Trust by 516.3% in the 3rd quarter. Blue Trust Inc. now owns 5,775 shares of the real estate investment trust's stock valued at $154,000 after acquiring an additional 4,838 shares in the last quarter. NJ State Employees Deferred Compensation Plan purchased a new stake in shares of American Assets Trust in the 3rd quarter valued at approximately $211,000. Finally, ProShare Advisors LLC lifted its position in shares of American Assets Trust by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 9,841 shares of the real estate investment trust's stock valued at $216,000 after acquiring an additional 681 shares in the last quarter. Institutional investors own 90.43% of the company's stock.

American Assets Trust Trading Down 0.6 %

NYSE AAT traded down $0.16 during trading on Wednesday, reaching $27.68. 161,130 shares of the stock traded hands, compared to its average volume of 275,905. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 30.42 and a beta of 1.29. The stock's 50-day moving average price is $27.15 and its 200 day moving average price is $24.83. The company has a quick ratio of 8.53, a current ratio of 8.53 and a debt-to-equity ratio of 1.86. American Assets Trust, Inc. has a fifty-two week low of $18.44 and a fifty-two week high of $28.96.

American Assets Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date is Thursday, December 5th. American Assets Trust's payout ratio is currently 147.25%.

Analysts Set New Price Targets

AAT has been the subject of a number of research analyst reports. Morgan Stanley increased their target price on shares of American Assets Trust from $23.00 to $24.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 30th. Mizuho raised their target price on shares of American Assets Trust from $22.00 to $26.00 and gave the company a "neutral" rating in a research note on Monday, August 19th.

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.