Mitsubishi UFJ Asset Management Co. Ltd. Makes New $1 Million Investment in American Assets Trust, Inc. $AAT

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in American Assets Trust, Inc. (NYSE:AAT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 40,603 shares of the real estate investment trust’s stock, valued at approximately $1,002,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BROOKFIELD Corp ON increased its holdings in shares of American Assets Trust by 63.3% in the first quarter. BROOKFIELD Corp ON now owns 1,602 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 621 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of American Assets Trust by 262.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,704 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 1,234 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of American Assets Trust by 5,717.7% during the 1st quarter. Blue Trust Inc. now owns 3,607 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 3,545 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in shares of American Assets Trust by 27.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,154 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 893 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of American Assets Trust by 32.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,774 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 1,165 shares during the period. 90.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on AAT shares. Weiss Ratings reissued a “hold (c)” rating on shares of American Assets Trust in a research note on Tuesday. Morgan Stanley lifted their price target on shares of American Assets Trust from $18.00 to $24.00 and gave the company an “underweight” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $21.50.

American Assets Trust Price Performance

NYSE:AAT opened at $22.82 on Friday. The stock has a market capitalization of $1.40 billion, a PE ratio of 78.69 and a beta of 0.96. American Assets Trust, Inc. has a 1-year low of $17.72 and a 1-year high of $25.97. The firm has a fifty day simple moving average of $24.13 and a 200 day simple moving average of $21.62. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.61.

American Assets Trust (NYSE:AAT) last posted its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). The firm had revenue of $109.48 million for the quarter, compared to the consensus estimate of $110.64 million. American Assets Trust had a return on equity of 1.66% and a net margin of 4.09%.American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. On average, research analysts expect that American Assets Trust, Inc. will post 2.03 EPS for the current fiscal year.

American Assets Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.34 per share. The ex-dividend date is Thursday, September 3rd. This represents a $1.36 annualized dividend and a dividend yield of 6.0%. American Assets Trust’s payout ratio is currently 468.97%.

American Assets Trust Company Profile

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.