Yousif Capital Management LLC Has $474,000 Stake in American Assets Trust, Inc. (NYSE:AAT)

Yousif Capital Management LLC decreased its position in American Assets Trust, Inc. (NYSE:AAT) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,060 shares of the real estate investment trust’s stock after selling 593 shares during the period. Yousif Capital Management LLC’s holdings in American Assets Trust were worth $474,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its holdings in American Assets Trust by 2.3% in the third quarter. Integrated Wealth Concepts LLC now owns 17,076 shares of the real estate investment trust’s stock valued at $456,000 after buying an additional 388 shares during the period. Daiwa Securities Group Inc. lifted its holdings in American Assets Trust by 3.0% in the third quarter. Daiwa Securities Group Inc. now owns 15,504 shares of the real estate investment trust’s stock valued at $414,000 after buying an additional 446 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in American Assets Trust by 34.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,891 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 488 shares during the period. Intech Investment Management LLC lifted its holdings in American Assets Trust by 5.1% in the third quarter. Intech Investment Management LLC now owns 11,893 shares of the real estate investment trust’s stock valued at $318,000 after buying an additional 582 shares during the period. Finally, One Wealth Advisors LLC lifted its holdings in American Assets Trust by 7.9% in the fourth quarter. One Wealth Advisors LLC now owns 13,949 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 1,023 shares during the period. Institutional investors and hedge funds own 90.43% of the company’s stock.

American Assets Trust Trading Down 0.4 %

AAT opened at $22.30 on Monday. American Assets Trust, Inc. has a 1-year low of $20.03 and a 1-year high of $29.15. The company has a current ratio of 8.17, a quick ratio of 8.53 and a debt-to-equity ratio of 1.80. The company has a market cap of $1.36 billion, a P/E ratio of 25.06 and a beta of 1.30. The company has a fifty day moving average price of $25.03 and a two-hundred day moving average price of $26.24.

American Assets Trust (NYSE:AAT) last posted its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.41. American Assets Trust had a net margin of 12.40% and a return on equity of 4.98%. Analysts predict that American Assets Trust, Inc. will post 1.94 EPS for the current fiscal year.

American Assets Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.34 per share. The ex-dividend date is Thursday, March 6th. This is an increase from American Assets Trust’s previous quarterly dividend of $0.34. This represents a $1.36 annualized dividend and a dividend yield of 6.10%. American Assets Trust’s payout ratio is presently 150.56%.

Analysts Set New Price Targets

AAT has been the topic of several recent analyst reports. Mizuho boosted their target price on shares of American Assets Trust from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Morgan Stanley lifted their price target on shares of American Assets Trust from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th.

Insider Transactions at American Assets Trust

In other news, COO Adam Wyll sold 30,238 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $28.22, for a total transaction of $853,316.36. Following the completion of the sale, the chief operating officer now directly owns 45,595 shares of the company’s stock, valued at $1,286,690.90. The trade was a 39.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 37.32% of the stock is currently owned by insiders.

About American Assets Trust

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.