Amundi Increases Holdings in American Assets Trust, Inc. (NYSE:AAT)

Amundi grew its holdings in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 40.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,464 shares of the real estate investment trust's stock after acquiring an additional 14,527 shares during the quarter. Amundi owned 0.08% of American Assets Trust worth $1,229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AAT. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of American Assets Trust by 292.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 411,809 shares of the real estate investment trust's stock valued at $11,004,000 after buying an additional 306,946 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of American Assets Trust by 14.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 584,529 shares of the real estate investment trust's stock worth $15,619,000 after buying an additional 72,579 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of American Assets Trust during the 4th quarter worth approximately $1,703,000. Barclays PLC boosted its holdings 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 worth $2,946,000 after buying an additional 57,850 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of American Assets Trust by 142.8% in the 3rd quarter. Jane Street Group LLC now owns 90,078 shares of the real estate investment trust's stock worth $2,407,000 after purchasing an additional 52,977 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

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Analyst Ratings Changes

Separately, Mizuho cut their target price on American Assets Trust from $28.00 to $22.00 and set a "neutral" rating on the stock in a report on Tuesday, February 25th.

American Assets Trust Stock Down 1.6 %

NYSE AAT traded down $0.34 on Friday, reaching $20.18. The company had a trading volume of 1,001,230 shares, compared to its average volume of 258,728. The stock has a market capitalization of $1.23 billion, a P/E ratio of 22.67 and a beta of 1.33. The company's fifty day moving average is $22.55 and its 200 day moving average is $25.44. American Assets Trust, Inc. has a 52-week low of $19.56 and a 52-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.

American Assets Trust (NYSE:AAT - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.55 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.41. American Assets Trust had a return on equity of 4.98% and a net margin of 12.40%. Sell-side analysts anticipate that American Assets Trust, Inc. will post 1.94 earnings per share for the current fiscal year.

American Assets Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a $0.34 dividend. This is a positive change from American Assets Trust's previous quarterly dividend of $0.34. This represents a $1.36 dividend on an annualized basis and a yield of 6.74%. The ex-dividend date of this dividend was Thursday, March 6th. American Assets Trust's dividend payout ratio is presently 152.81%.

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.