American Assets Trust (AAT) Projected to Post Quarterly Earnings on Tuesday

American Assets Trust (NYSE:AAT) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $111,899.00 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

American Assets Trust Stock Performance

Shares of NYSE:AAT opened at $24.90 on Tuesday. The firm’s 50 day simple moving average is $26.43 and its 200-day simple moving average is $26.38. The company has a debt-to-equity ratio of 1.86, a quick ratio of 8.53 and a current ratio of 8.53. American Assets Trust has a one year low of $20.03 and a one year high of $29.15. The firm has a market cap of $1.52 billion, a PE ratio of 27.36 and a beta of 1.31.

Analyst Ratings Changes

Several research analysts have commented on AAT shares. Morgan Stanley raised their price objective on American Assets Trust from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Mizuho raised their price target on American Assets Trust from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th.

Insider Transactions at American Assets Trust

In other news, COO Adam Wyll sold 30,238 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $28.22, for a total value of $853,316.36. Following the completion of the transaction, the chief operating officer now directly owns 45,595 shares of the company’s stock, valued at approximately $1,286,690.90. The trade was a 39.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 37.32% 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"), 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.