19,157 Shares in American Assets Trust, Inc. (NYSE:AAT) Bought by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in American Assets Trust, Inc. (NYSE:AAT - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 19,157 shares of the real estate investment trust's stock, valued at approximately $512,000.

A number of other institutional investors have also recently bought and sold shares of AAT. DekaBank Deutsche Girozentrale raised its holdings in American Assets Trust by 200.0% in the first quarter. DekaBank Deutsche Girozentrale now owns 35,179 shares of the real estate investment trust's stock worth $763,000 after purchasing an additional 23,452 shares during the period. Janus Henderson Group PLC lifted its holdings in American Assets Trust by 633.0% during the first quarter. Janus Henderson Group PLC now owns 166,411 shares of the real estate investment trust's stock worth $3,644,000 after acquiring an additional 143,707 shares in the last quarter. Boston Partners acquired a new position in American Assets Trust in the first quarter valued at about $807,000. Dimensional Fund Advisors LP increased its holdings in shares of American Assets Trust by 9.9% in the second 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 in the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new stake in shares of American Assets Trust during the first quarter worth about $1,776,000. Institutional investors and hedge funds own 90.43% of the company's stock.

American Assets Trust Stock Performance

Shares of AAT stock traded up $0.10 during trading on Wednesday, reaching $27.89. 177,699 shares of the company's stock were exchanged, compared to its average volume of 285,416. The stock has a market capitalization of $1.70 billion, a PE ratio of 31.22 and a beta of 1.30. The firm's fifty day moving average price is $26.34 and its 200-day moving average price is $23.68. American Assets Trust, Inc. has a twelve month low of $17.15 and a twelve month high of $28.42. The company has a quick ratio of 3.03, a current ratio of 3.03 and a debt-to-equity ratio of 1.48.

American Assets Trust (NYSE:AAT - Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.33). American Assets Trust had a net margin of 12.00% and a return on equity of 4.62%. The company had revenue of $110.89 million during the quarter, compared to the consensus estimate of $107.66 million. During the same period in the prior year, the company earned $0.59 earnings per share. As a group, sell-side analysts anticipate that American Assets Trust, Inc. will post 2.32 EPS for the current year.

American Assets Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend was Thursday, September 5th. American Assets Trust's dividend payout ratio is 150.56%.

Analyst Upgrades and Downgrades

Separately, Mizuho upped their target price on shares of American Assets Trust from $22.00 to $26.00 and gave the stock a "neutral" rating in a research note on Monday, August 19th.

American Assets Trust Company 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.