DekaBank Deutsche Girozentrale Has $563,000 Stock Holdings in American Assets Trust, Inc. (NYSE:AAT)

DekaBank Deutsche Girozentrale lowered its stake in shares of American Assets Trust, Inc. (NYSE:AAT) by 27.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,559 shares of the real estate investment trust’s stock after selling 9,620 shares during the period. DekaBank Deutsche Girozentrale’s holdings in American Assets Trust were worth $563,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Custom Index Systems LLC raised its holdings in shares of American Assets Trust by 4.5% during the second quarter. Custom Index Systems LLC now owns 10,697 shares of the real estate investment trust’s stock worth $239,000 after acquiring an additional 463 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of American Assets Trust by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 9,841 shares of the real estate investment trust’s stock worth $216,000 after purchasing an additional 681 shares in the last quarter. Texas Permanent School Fund Corp lifted its holdings in shares of American Assets Trust by 1.6% during the 1st quarter. Texas Permanent School Fund Corp now owns 42,636 shares of the real estate investment trust’s stock valued at $934,000 after buying an additional 689 shares during the last quarter. Summit Global Investments grew its stake in shares of American Assets Trust by 2.6% in the 2nd quarter. Summit Global Investments now owns 39,225 shares of the real estate investment trust’s stock valued at $878,000 after buying an additional 1,008 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in American Assets Trust by 130.3% in the second quarter. Signaturefd LLC now owns 1,872 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 1,059 shares during the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.

American Assets Trust Trading Down 1.6 %

American Assets Trust stock opened at $26.94 on Friday. American Assets Trust, Inc. has a one year low of $17.15 and a one year high of $27.79. The company’s fifty day moving average price is $25.69 and its two-hundred day moving average price is $22.98. The company has a debt-to-equity ratio of 1.48, a current ratio of 3.03 and a quick ratio of 3.03. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 30.27 and a beta of 1.30.

American Assets Trust (NYSE:AAT) last announced its quarterly earnings results on Tuesday, July 30th. The real estate investment trust reported $0.20 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.33). The company had revenue of $110.89 million for the quarter, compared to analyst estimates of $107.66 million. American Assets Trust had a net margin of 12.00% and a return on equity of 4.62%. During the same quarter last year, the business earned $0.59 EPS. On average, analysts forecast that American Assets Trust, Inc. will post 2.41 earnings per share for the current fiscal year.

American Assets Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a dividend of $0.335 per share. The ex-dividend date was Thursday, September 5th. This represents a $1.34 annualized dividend and a dividend yield of 4.97%. American Assets Trust’s dividend payout ratio is presently 150.56%.

Wall Street Analysts Forecast Growth

Separately, Mizuho lifted their target price on shares of American Assets Trust from $22.00 to $26.00 and gave the company a “neutral” rating in a research note 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.