American Assets Trust, Inc. (NYSE:AAT) Stock Holdings Decreased by GSA Capital Partners LLP

GSA Capital Partners LLP lowered its stake in American Assets Trust, Inc. (NYSE:AAT) by 56.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 18,153 shares of the real estate investment trust’s stock after selling 23,784 shares during the period. GSA Capital Partners LLP’s holdings in American Assets Trust were worth $485,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Signaturefd LLC increased its position in shares of American Assets Trust by 130.3% in the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 1,059 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of American Assets Trust by 34.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,891 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 488 shares during the last quarter. Blue Trust Inc. increased its position in shares of American Assets Trust by 516.3% in 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 during the last quarter. NJ State Employees Deferred Compensation Plan bought a new stake in shares of American Assets Trust during the 3rd quarter valued at about $211,000. Finally, ProShare Advisors LLC grew its position 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 valued at $216,000 after buying an additional 681 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

American Assets Trust Price Performance

Shares of NYSE:AAT opened at $27.84 on Wednesday. The company has a quick ratio of 8.53, a current ratio of 8.53 and a debt-to-equity ratio of 1.86. American Assets Trust, Inc. has a fifty-two week low of $18.44 and a fifty-two week high of $28.96. The firm has a 50-day simple moving average of $27.11 and a 200 day simple moving average of $24.81. The company has a market cap of $1.70 billion, a PE ratio of 30.59 and a beta of 1.29.

American Assets Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a $0.335 dividend. This represents a $1.34 annualized dividend and a yield of 4.81%. The ex-dividend date of this dividend is Thursday, December 5th. American Assets Trust’s dividend payout ratio (DPR) is 147.25%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of American Assets Trust from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th. Mizuho boosted their price objective on shares of American Assets Trust from $22.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, August 19th.

American Assets Trust 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.