Jane Street Group LLC Has $2.41 Million Stock Position in American Assets Trust, Inc. (NYSE:AAT)

Jane Street Group LLC lifted its position in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 142.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,078 shares of the real estate investment trust's stock after acquiring an additional 52,977 shares during the quarter. Jane Street Group LLC owned approximately 0.15% of American Assets Trust worth $2,407,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AAT. Charles Schwab Investment Management Inc. boosted its stake in shares of American Assets Trust by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,474,684 shares of the real estate investment trust's stock valued at $39,404,000 after purchasing an additional 35,688 shares in the last quarter. Blue Trust Inc. boosted its position in American Assets Trust by 516.3% during the 3rd quarter. Blue Trust Inc. now owns 5,775 shares of the real estate investment trust's stock worth $154,000 after buying an additional 4,838 shares during the period. Dimensional Fund Advisors LP grew its holdings in American Assets Trust by 9.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 779,127 shares of the real estate investment trust's stock worth $17,436,000 after acquiring an additional 69,985 shares during the last quarter. LSV Asset Management increased its position in American Assets Trust by 1.3% in the 2nd quarter. LSV Asset Management now owns 2,114,348 shares of the real estate investment trust's stock valued at $47,319,000 after acquiring an additional 26,618 shares during the period. Finally, Ritholtz Wealth Management raised its stake in shares of American Assets Trust by 277.1% during the third quarter. Ritholtz Wealth Management now owns 80,027 shares of the real estate investment trust's stock valued at $2,138,000 after acquiring an additional 58,803 shares during the last quarter. Institutional investors own 90.43% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on AAT shares. Morgan Stanley boosted their price objective on shares of American Assets Trust from $23.00 to $24.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 30th. Mizuho lifted their target price on American Assets Trust from $26.00 to $28.00 and gave the stock a "neutral" rating in a report on Tuesday, December 10th.

Insider Activity at American Assets Trust

In related news, COO Adam Wyll sold 30,238 shares of the firm's stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $28.22, for a total transaction of $853,316.36. Following the completion of the sale, the chief operating officer now owns 45,595 shares of the company's stock, valued at $1,286,690.90. This trade represents a 39.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 37.32% of the stock is owned by company insiders.

American Assets Trust Trading Up 0.3 %

American Assets Trust stock traded up $0.07 during mid-day trading on Monday, hitting $26.07. 185,542 shares of the stock were exchanged, compared to its average volume of 281,287. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 28.65 and a beta of 1.30. American Assets Trust, Inc. has a 12 month low of $20.03 and a 12 month high of $29.15. The company has a quick ratio of 8.53, a current ratio of 8.53 and a debt-to-equity ratio of 1.86. The firm's fifty day simple moving average is $27.61 and its two-hundred day simple moving average is $25.79.

American Assets Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were paid a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date of this dividend was Thursday, December 5th. American Assets Trust's dividend payout ratio is presently 147.25%.

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.