American Assets Trust, Inc. (AAT) CEO Buys $229,854.50 in Stock

American Assets Trust, Inc. (NYSE:AAT) CEO Ernest S. Rady purchased 5,825 shares of the stock in a transaction dated Friday, November 17th. The shares were acquired at an average cost of $39.46 per share, with a total value of $229,854.50. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

American Assets Trust, Inc. (NYSE AAT) opened at $39.46 on Monday. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 1.56. American Assets Trust, Inc. has a fifty-two week low of $36.79 and a fifty-two week high of $44.83. The company has a market capitalization of $1,859.66, a price-to-earnings ratio of 20.45, a PEG ratio of 3.45 and a beta of 0.52.



The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.74%. This is a boost from American Assets Trust’s previous quarterly dividend of $0.26. American Assets Trust’s payout ratio is 157.58%.

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A number of research firms have recently commented on AAT. Zacks Investment Research cut American Assets Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. BidaskClub raised American Assets Trust from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Mizuho reissued a “hold” rating and set a $40.00 price target on shares of American Assets Trust in a report on Friday, November 10th. TheStreet cut American Assets Trust from a “b-” rating to a “c+” rating in a report on Wednesday, July 26th. Finally, Bank of America Corporation cut American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 price target for the company. in a report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $44.00.

A number of hedge funds have recently modified their holdings of AAT. California Public Employees Retirement System grew its position in American Assets Trust by 1.3% during the 1st quarter. California Public Employees Retirement System now owns 64,200 shares of the real estate investment trust’s stock worth $2,686,000 after acquiring an additional 800 shares during the last quarter. Dimensional Fund Advisors LP grew its position in American Assets Trust by 6.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 486,671 shares of the real estate investment trust’s stock worth $20,362,000 after acquiring an additional 30,115 shares during the last quarter. KCG Holdings Inc. bought a new stake in American Assets Trust during the 1st quarter worth $215,000. State Street Corp grew its position in American Assets Trust by 59.6% during the 1st quarter. State Street Corp now owns 1,510,392 shares of the real estate investment trust’s stock worth $63,194,000 after acquiring an additional 564,067 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in American Assets Trust by 5.1% during the 1st quarter. AQR Capital Management LLC now owns 32,680 shares of the real estate investment trust’s stock worth $1,367,000 after acquiring an additional 1,586 shares during the last quarter. Institutional investors and hedge funds own 95.20% of the company’s stock.

American Assets Trust Company Profile

American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in Southern California, Northern California, Oregon, Washington, Texas and Hawaii markets.

Insider Buying and Selling by Quarter for American Assets Trust (NYSE:AAT)

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