Charles Schwab Investment Management Inc. Has $39.40 Million Position in American Assets Trust, Inc. (NYSE:AAT)

Charles Schwab Investment Management Inc. raised its position in American Assets Trust, Inc. (NYSE:AAT) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,474,684 shares of the real estate investment trust’s stock after purchasing an additional 35,688 shares during the period. Charles Schwab Investment Management Inc. owned approximately 2.42% of American Assets Trust worth $39,404,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of AAT. DekaBank Deutsche Girozentrale increased its position in shares of American Assets Trust by 200.0% during the first quarter. DekaBank Deutsche Girozentrale now owns 35,179 shares of the real estate investment trust’s stock worth $763,000 after acquiring an additional 23,452 shares in the last quarter. Janus Henderson Group PLC lifted its position in American Assets Trust by 633.0% in the 1st quarter. Janus Henderson Group PLC now owns 166,411 shares of the real estate investment trust’s stock valued at $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 1st quarter worth $807,000. Blue Trust Inc. increased its holdings 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 purchasing an additional 4,838 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of American Assets Trust by 9.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 779,127 shares of the real estate investment trust’s stock valued at $17,436,000 after purchasing an additional 69,985 shares during the period. 90.43% of the stock is currently owned by institutional investors and hedge funds.

American Assets Trust Trading Down 0.2 %

American Assets Trust stock opened at $28.39 on Tuesday. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 31.20 and a beta of 1.29. The firm has a 50-day moving average of $27.35 and a 200-day moving average of $25.15. The company has a debt-to-equity ratio of 1.86, a current ratio of 8.53 and a quick ratio of 8.53. American Assets Trust, Inc. has a one year low of $20.03 and a one year high of $29.15.

American Assets Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a $0.335 dividend. The ex-dividend date is Thursday, December 5th. This represents a $1.34 annualized dividend and a dividend yield of 4.72%. American Assets Trust’s dividend payout ratio is presently 147.25%.

Wall Street Analyst Weigh In

AAT has been the subject of several recent research reports. Morgan Stanley upped their price objective on American Assets Trust from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Mizuho upped their price target on American Assets Trust from $22.00 to $26.00 and gave the stock a “neutral” rating in a research report 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.