O Shaughnessy Asset Management LLC Buys 42,395 Shares of American Assets Trust, Inc. (NYSE:AAT)

O Shaughnessy Asset Management LLC boosted its position in shares of American Assets Trust, Inc. (NYSE:AAT - Free Report) by 17.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 285,134 shares of the real estate investment trust's stock after purchasing an additional 42,395 shares during the quarter. O Shaughnessy Asset Management LLC owned 0.47% of American Assets Trust worth $7,488,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AAT. Arrowstreet Capital Limited Partnership grew its holdings in shares of American Assets Trust by 8.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 728,386 shares of the real estate investment trust's stock valued at $19,127,000 after buying an additional 55,762 shares during the period. Nomura Asset Management Co. Ltd. grew its stake in American Assets Trust by 5.1% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 63,040 shares of the real estate investment trust's stock valued at $1,655,000 after acquiring an additional 3,040 shares during the period. New Age Alpha Advisors LLC bought a new stake in shares of American Assets Trust in the fourth quarter worth about $1,681,000. Norges Bank acquired a new stake in shares of American Assets Trust during the fourth quarter worth about $6,010,000. Finally, Loomis Sayles & Co. L P bought a new position in shares of American Assets Trust during the 4th quarter valued at about $44,000. Institutional investors own 90.43% of the company's stock.

American Assets Trust Stock Down 3.5 %

NYSE AAT traded down $0.67 on Friday, reaching $18.70. The company had a trading volume of 1,154,021 shares, compared to its average volume of 293,943. The company's fifty day moving average is $21.64 and its 200-day moving average is $24.98. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 21.01 and a beta of 1.12. The company has a debt-to-equity ratio of 1.80, a quick ratio of 8.17 and a current ratio of 8.17. American Assets Trust, Inc. has a 1-year low of $18.49 and a 1-year high of $29.15.

American Assets Trust (NYSE:AAT - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.41. American Assets Trust had a return on equity of 4.98% and a net margin of 12.40%. On average, research analysts forecast that American Assets Trust, Inc. will post 1.94 earnings per share for the current fiscal year.

American Assets Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.34 per share. This is a boost from American Assets Trust's previous quarterly dividend of $0.34. This represents a $1.36 annualized dividend and a dividend yield of 7.27%. The ex-dividend date of this dividend was Thursday, March 6th. American Assets Trust's dividend payout ratio (DPR) is currently 152.81%.

Analysts Set New Price Targets

Separately, Mizuho lowered their target price 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.

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.