Summary
26.69 0.35(1.33%)09/13/2024
American Assets Trust Inc (AAT)
American Assets Trust Inc (AAT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 1.33 | 2.57 | 8.10 | 22.21 | 25.72 | 33.99 | -32.28 | 91.74 |
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| Trading Data | ||
| Close | 26.69 | |
| Open | 26.63 | |
| High | 26.74 | |
| Low | 26.36 | |
| Volume | 129,105 | |
| Change | 0.35 | |
| Change % | 1.33 | |
| Avg Volume (20 Days) | 201,105 | |
| Volume/Avg Volume (20 Days) Ratio | 0.64 | |
| 52 Week Range | 17.15 - 27.55 | |
| Price vs 52 Week High | -3.12% | |
| Price vs 52 Week Low | 55.63% | |
| Range | 0.23 | |
| Gap Up/Down | 0.10 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,626 | |
| EBIDTA | 239,210,000 | |
| PE Ratio | 24.6629 | |
| PEG Ratio | 21.8500 | |
| WallStreet Target Price | 20.67 | |
| Book Value | 19.6990 | |
| Earnings Per Share | 0.8900 | |
| EPS Estimate Current Quarter | 0.1400 | |
| EPS Estimate Next Quarter | 0.1800 | |
| EPS Estimate Current Year | 0.7000 | |
| EPS Estimate Next Year | 0.7300 | |
| Diluted EPS (TTM) | 0.8900 | |
| Revenues | ||
| Profit Marging | 0.1217 | |
| Operating Marging (TTM) | 0.2786 | |
| Return on asset (TTM) | 0.0255 | |
| Return on equity (TTM) | 0.0588 | |
| Revenue TTM | 439,654,016 | |
| Revenue per share TTM | 7.3030 | |
| Quarterly Revenue Growth (YOY) | 0.0270 | |
| Quarterly Earnings Growth (YOY) | 0.1900 | |
| Gross Profit (TTM) | 272,594,000 | |
| Dividends | ||
| Dividend Share | 1.3250 | |
| Dividend Yield | 0.0610 | |
| Valuations | ||
| Trailing PE | 24.6629 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.0559 | |
| Revenue Enterprise Value | 6.5617 | |
| EBITDA Enterprise Value | 11.5820 | |
| Shares | ||
| Shares Outstanding | 60,893,700 | |
| Shares Float | 52,139,620 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.03 | |
| Insider (%) | 1.48 | |
| Institutions (%) | 95.48 | |
09/10 16:31 EST - globenewswire.com
American Assets Trust, Inc. Announces Pricing of $525 Million of 6.150% Senior Unsecured Notes Due 2034
SAN DIEGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “company”) today announced that its operating partnership, American Assets Trust, L.P. (the “operating partnership”), has priced a public offering of $525 million aggregate principal amount of 6.150% senior notes due 2034 (the “Notes”). The Notes were priced at 99.671% of the principal amount and will mature on October 1, 2034. The offering is expected to settle on September 17, 2024, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by the company.
American Assets Trust, Inc. Announces Pricing of $525 Million of 6.150% Senior Unsecured Notes Due 2034
SAN DIEGO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “company”) today announced that its operating partnership, American Assets Trust, L.P. (the “operating partnership”), has priced a public offering of $525 million aggregate principal amount of 6.150% senior notes due 2034 (the “Notes”). The Notes were priced at 99.671% of the principal amount and will mature on October 1, 2034. The offering is expected to settle on September 17, 2024, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by the company.
09/08 09:00 EST - seekingalpha.com
The September Swoon
U.S. equity markets posted their worst week since March 2023 while benchmark interest rates tumbled to eighteen-month lows after employment data indicated a further cooling in economic momentum. Among several disappointing reports, BLS Nonfarm Payrolls data showed that the U.S. economy added just 142k jobs in August, while prior months were again revised sharply lower. Snapping a four-week winning streak that lifted the major benchmark to the cusp of record highs, the S&P 500 tumbled 4.1% this week. Technology stocks dragged on the downside.
The September Swoon
U.S. equity markets posted their worst week since March 2023 while benchmark interest rates tumbled to eighteen-month lows after employment data indicated a further cooling in economic momentum. Among several disappointing reports, BLS Nonfarm Payrolls data showed that the U.S. economy added just 142k jobs in August, while prior months were again revised sharply lower. Snapping a four-week winning streak that lifted the major benchmark to the cusp of record highs, the S&P 500 tumbled 4.1% this week. Technology stocks dragged on the downside.
08/28 07:30 EST - seekingalpha.com
2 Unbeloved REITs That Offer Long-Term Upside Potential
Quality over quantity should be emphasized when selecting stocks. In this article, I recommend two office REITs I consider to fit the bill. Cousins Properties and American Assets Trust are highlighted as high-quality office REIT options, benefiting from favorable property locations and potential growth. Both offer attractive dividends, solid balance sheets, and attractive property locations, making them good buys for the long term.
2 Unbeloved REITs That Offer Long-Term Upside Potential
Quality over quantity should be emphasized when selecting stocks. In this article, I recommend two office REITs I consider to fit the bill. Cousins Properties and American Assets Trust are highlighted as high-quality office REIT options, benefiting from favorable property locations and potential growth. Both offer attractive dividends, solid balance sheets, and attractive property locations, making them good buys for the long term.
08/24 07:00 EST - seekingalpha.com
American Assets Trust: Collect A 5.2% Yield From This Quality Office REIT
American Assets Trust has performed well, despite pandemic uncertainties surrounding the office sector, offering a 5% yield and solid financials. AAT's office portfolio is strong at 86.6%. They also saw strong leasing activity during their latest quarter, positioning them well for the future. With a 5.2% forward yield, growing FFO, and manageable debt, AAT is a quality REIT that offers potential upside for long-term investors.
American Assets Trust: Collect A 5.2% Yield From This Quality Office REIT
American Assets Trust has performed well, despite pandemic uncertainties surrounding the office sector, offering a 5% yield and solid financials. AAT's office portfolio is strong at 86.6%. They also saw strong leasing activity during their latest quarter, positioning them well for the future. With a 5.2% forward yield, growing FFO, and manageable debt, AAT is a quality REIT that offers potential upside for long-term investors.
07/31 21:15 EST - seekingalpha.com
American Assets Trust, Inc. (AAT) Q2 2024 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Ernest Rady - Chairman and CEO Adam Wyll - COO Bob Barton - CFO Steve Center - SVP-Office Properties Jerry Gammieri - SVP, Construction and Development Conference Call Participants Haendel St. Juste - Mizuho Antara Nag-Chaudhuri - KeyBanc Capital Markets Ronald Kamdem - Morgan Stanley Dylan Burzinski - Green Street Operator Welcome to American Assets Trust Inc.'s Second Quarter 2024 Earnings Call. As a reminder, today's conference is being recorded.
American Assets Trust, Inc. (AAT) Q2 2024 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Ernest Rady - Chairman and CEO Adam Wyll - COO Bob Barton - CFO Steve Center - SVP-Office Properties Jerry Gammieri - SVP, Construction and Development Conference Call Participants Haendel St. Juste - Mizuho Antara Nag-Chaudhuri - KeyBanc Capital Markets Ronald Kamdem - Morgan Stanley Dylan Burzinski - Green Street Operator Welcome to American Assets Trust Inc.'s Second Quarter 2024 Earnings Call. As a reminder, today's conference is being recorded.
07/30 18:36 EST - zacks.com
American Assets Trust (AAT) Surpasses Q2 FFO and Revenue Estimates
American Assets Trust (AAT) came out with quarterly funds from operations (FFO) of $0.60 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to FFO of $0.59 per share a year ago.
American Assets Trust (AAT) Surpasses Q2 FFO and Revenue Estimates
American Assets Trust (AAT) came out with quarterly funds from operations (FFO) of $0.60 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to FFO of $0.59 per share a year ago.
07/30 16:15 EST - globenewswire.com
American Assets Trust, Inc. Reports Second Quarter 2024 Financial Results
Net income available to common stockholders of $11.9 million and $31.2 million for the three and six months ended June 30, 2024 , respectively, or $0.20 and $0.52 per diluted share, respectively.
American Assets Trust, Inc. Reports Second Quarter 2024 Financial Results
Net income available to common stockholders of $11.9 million and $31.2 million for the three and six months ended June 30, 2024 , respectively, or $0.20 and $0.52 per diluted share, respectively.
07/09 18:23 EST - globenewswire.com
American Assets Trust, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call Information
SAN DIEGO, July 09, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2024 earnings in a press release to be issued after the market closes on Tuesday, July 30, 2024.
American Assets Trust, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call Information
SAN DIEGO, July 09, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2024 earnings in a press release to be issued after the market closes on Tuesday, July 30, 2024.
07/09 09:00 EST - newsfilecorp.com
AirTest(TM) Provides Sensors to Leading Medical Software Company
Delta, British Columbia--(Newsfile Corp. - July 9, 2024) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) ("AirTest" or the "Company" CEO Ted Konyi is very pleased to announce that the Company is providing sensors to control the ventilation and reduce energy costs for the extensive underground parking facilities of a large Midwest medical software company. AirTest's Carbon Monoxide (CO) and Nitrogen Dioxide (NO2) sensors will be installed throughout the parking facilities.
AirTest(TM) Provides Sensors to Leading Medical Software Company
Delta, British Columbia--(Newsfile Corp. - July 9, 2024) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) ("AirTest" or the "Company" CEO Ted Konyi is very pleased to announce that the Company is providing sensors to control the ventilation and reduce energy costs for the extensive underground parking facilities of a large Midwest medical software company. AirTest's Carbon Monoxide (CO) and Nitrogen Dioxide (NO2) sensors will be installed throughout the parking facilities.
07/03 16:30 EST - newsfilecorp.com
AirTest President Resigns
Delta, British Columbia--(Newsfile Corp. - July 3, 2024) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) the ("AirTest" or the "Company") CEO, Ted Konyi announces that the Company has received the resignation of Russell Moore as President, effective immediately due to other business commitments. The Company thanks Russell for his efforts and appreciates the input that he has provided over the last few months.
AirTest President Resigns
Delta, British Columbia--(Newsfile Corp. - July 3, 2024) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) the ("AirTest" or the "Company") CEO, Ted Konyi announces that the Company has received the resignation of Russell Moore as President, effective immediately due to other business commitments. The Company thanks Russell for his efforts and appreciates the input that he has provided over the last few months.
06/11 11:09 EST - seekingalpha.com
American Assets Trust: Office Weakness Trumps Green Shoots In Mixed-Use
American Assets Trust is a diversified REIT with a 50.1% exposure to the office sector. Net operating income grew 1.5% Y/Y in Q1 2024 on strength in hotels. Occupancy was down Y/Y in offices but increased in all other property sectors.
American Assets Trust: Office Weakness Trumps Green Shoots In Mixed-Use
American Assets Trust is a diversified REIT with a 50.1% exposure to the office sector. Net operating income grew 1.5% Y/Y in Q1 2024 on strength in hotels. Occupancy was down Y/Y in offices but increased in all other property sectors.
05/28 09:00 EST - newsfilecorp.com
AirTest(TM) Performs for LA Live
Delta, British Columbia--(Newsfile Corp. - May 28, 2024) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) ("AirTest" or the "Company") CEO Ted Konyi is very pleased to announce that the Company will be providing digitally communicating sensors to control the ventilation for the parking facilities at LA Live. LA Live is the center of entertainment for Los Angeles, home to Crypto.com arena, where the LA Kings, LA Lakers play and the Peacock Theatre is located.
AirTest(TM) Performs for LA Live
Delta, British Columbia--(Newsfile Corp. - May 28, 2024) - ATI AirTest Technologies Inc. (TSXV: AAT) (OTC Pink: AATGF) ("AirTest" or the "Company") CEO Ted Konyi is very pleased to announce that the Company will be providing digitally communicating sensors to control the ventilation for the parking facilities at LA Live. LA Live is the center of entertainment for Los Angeles, home to Crypto.com arena, where the LA Kings, LA Lakers play and the Peacock Theatre is located.
05/20 08:16 EST - https://www.defenseworld.net
Panagora Asset Management Inc. Acquires 2,126 Shares of American Assets Trust, Inc. (NYSE:AAT)
Panagora Asset Management Inc. lifted its holdings in American Assets Trust, Inc. (NYSE:AAT – Free Report) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 122,729 shares of the real estate investment trust’s stock after buying an additional 2,126 shares during the period. Panagora Asset Management Inc. owned about 0.20% of American Assets Trust worth $2,763,000 at the end of the most recent reporting period. Other hedge funds have also recently made changes to their positions in the company. Federated Hermes Inc. purchased a new stake in American Assets Trust during the fourth quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC lifted its position in American Assets Trust by 87.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,838 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 856 shares during the last quarter. Quadrant Capital Group LLC lifted its position in American Assets Trust by 265.6% in the fourth quarter. Quadrant Capital Group LLC now owns 2,837 shares of the real estate investment trust’s stock worth $64,000 after buying an additional 2,061 shares during the last quarter. Van ECK Associates Corp boosted its stake in American Assets Trust by 18.2% during the third quarter. Van ECK Associates Corp now owns 6,477 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 998 shares during the period. Finally, abrdn plc purchased a new stake in shares of American Assets Trust in the fourth quarter valued at $206,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes Separately, Mizuho reduced their price objective on shares of American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. View Our Latest Report on AAT American Assets Trust Price Performance Shares of AAT stock opened at $22.95 on Monday. The stock has a 50 day moving average price of $21.43 and a 200 day moving average price of $21.53. The firm has a market capitalization of $1.40 billion, a P/E ratio of 25.79 and a beta of 1.25. The company has a debt-to-equity ratio of 1.47, a quick ratio of 3.02 and a current ratio of 3.02. American Assets Trust, Inc. has a 52-week low of $17.15 and a 52-week high of $23.92. American Assets Trust (NYSE:AAT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.35). The company had revenue of $110.70 million during the quarter, compared to the consensus estimate of $106.39 million. American Assets Trust had a return on equity of 4.60% and a net margin of 12.05%. During the same quarter in the previous year, the company posted $0.66 earnings per share. As a group, sell-side analysts predict that American Assets Trust, Inc. will post 2.26 earnings per share for the current year. American Assets Trust Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be paid a $0.335 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $1.34 annualized dividend and a yield of 5.84%. American Assets Trust’s dividend payout ratio (DPR) is currently 150.56%. American Assets Trust Company Profile (Free Report) 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.
Panagora Asset Management Inc. Acquires 2,126 Shares of American Assets Trust, Inc. (NYSE:AAT)
Panagora Asset Management Inc. lifted its holdings in American Assets Trust, Inc. (NYSE:AAT – Free Report) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 122,729 shares of the real estate investment trust’s stock after buying an additional 2,126 shares during the period. Panagora Asset Management Inc. owned about 0.20% of American Assets Trust worth $2,763,000 at the end of the most recent reporting period. Other hedge funds have also recently made changes to their positions in the company. Federated Hermes Inc. purchased a new stake in American Assets Trust during the fourth quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC lifted its position in American Assets Trust by 87.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,838 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 856 shares during the last quarter. Quadrant Capital Group LLC lifted its position in American Assets Trust by 265.6% in the fourth quarter. Quadrant Capital Group LLC now owns 2,837 shares of the real estate investment trust’s stock worth $64,000 after buying an additional 2,061 shares during the last quarter. Van ECK Associates Corp boosted its stake in American Assets Trust by 18.2% during the third quarter. Van ECK Associates Corp now owns 6,477 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 998 shares during the period. Finally, abrdn plc purchased a new stake in shares of American Assets Trust in the fourth quarter valued at $206,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes Separately, Mizuho reduced their price objective on shares of American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. View Our Latest Report on AAT American Assets Trust Price Performance Shares of AAT stock opened at $22.95 on Monday. The stock has a 50 day moving average price of $21.43 and a 200 day moving average price of $21.53. The firm has a market capitalization of $1.40 billion, a P/E ratio of 25.79 and a beta of 1.25. The company has a debt-to-equity ratio of 1.47, a quick ratio of 3.02 and a current ratio of 3.02. American Assets Trust, Inc. has a 52-week low of $17.15 and a 52-week high of $23.92. American Assets Trust (NYSE:AAT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.35). The company had revenue of $110.70 million during the quarter, compared to the consensus estimate of $106.39 million. American Assets Trust had a return on equity of 4.60% and a net margin of 12.05%. During the same quarter in the previous year, the company posted $0.66 earnings per share. As a group, sell-side analysts predict that American Assets Trust, Inc. will post 2.26 earnings per share for the current year. American Assets Trust Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, June 6th will be paid a $0.335 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $1.34 annualized dividend and a yield of 5.84%. American Assets Trust’s dividend payout ratio (DPR) is currently 150.56%. American Assets Trust Company Profile (Free Report) 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.
05/20 04:54 EST - https://www.defenseworld.net
Natixis Advisors L.P. Has $321,000 Holdings in American Assets Trust, Inc. (NYSE:AAT)
Natixis Advisors L.P. trimmed its stake in American Assets Trust, Inc. (NYSE:AAT – Free Report) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,293 shares of the real estate investment trust’s stock after selling 1,351 shares during the period. Natixis Advisors L.P.’s holdings in American Assets Trust were worth $321,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC grew its stake in shares of American Assets Trust by 87.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,838 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 856 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in American Assets Trust by 1.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 56,400 shares of the real estate investment trust’s stock valued at $1,097,000 after buying an additional 900 shares in the last quarter. Van ECK Associates Corp grew its stake in American Assets Trust by 18.2% during the third quarter. Van ECK Associates Corp now owns 6,477 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 998 shares during the last quarter. Swiss National Bank increased its holdings in shares of American Assets Trust by 1.0% during the third quarter. Swiss National Bank now owns 113,400 shares of the real estate investment trust’s stock worth $2,206,000 after buying an additional 1,100 shares in the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of American Assets Trust in the fourth quarter valued at approximately $25,000. Institutional investors own 90.43% of the company’s stock. Analyst Ratings Changes Separately, Mizuho decreased their price target on American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. Get Our Latest Stock Report on AAT American Assets Trust Stock Performance American Assets Trust stock opened at $22.95 on Monday. American Assets Trust, Inc. has a 12-month low of $17.15 and a 12-month high of $23.92. The stock has a 50-day simple moving average of $21.43 and a 200 day simple moving average of $21.53. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.47. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 25.79 and a beta of 1.25. American Assets Trust (NYSE:AAT – Get Free Report) last announced its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.35). The company had revenue of $110.70 million for the quarter, compared to analyst estimates of $106.39 million. American Assets Trust had a return on equity of 4.60% and a net margin of 12.05%. During the same quarter in the previous year, the company posted $0.66 earnings per share. On average, research analysts anticipate that American Assets Trust, Inc. will post 2.26 earnings per share for the current fiscal year. American Assets Trust Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be paid a $0.335 dividend. The ex-dividend date is Thursday, June 6th. This represents a $1.34 annualized dividend and a dividend yield of 5.84%. American Assets Trust’s dividend payout ratio (DPR) is currently 150.56%. About American Assets Trust (Free Report) 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.
Natixis Advisors L.P. Has $321,000 Holdings in American Assets Trust, Inc. (NYSE:AAT)
Natixis Advisors L.P. trimmed its stake in American Assets Trust, Inc. (NYSE:AAT – Free Report) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,293 shares of the real estate investment trust’s stock after selling 1,351 shares during the period. Natixis Advisors L.P.’s holdings in American Assets Trust were worth $321,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC grew its stake in shares of American Assets Trust by 87.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,838 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 856 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in American Assets Trust by 1.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 56,400 shares of the real estate investment trust’s stock valued at $1,097,000 after buying an additional 900 shares in the last quarter. Van ECK Associates Corp grew its stake in American Assets Trust by 18.2% during the third quarter. Van ECK Associates Corp now owns 6,477 shares of the real estate investment trust’s stock worth $126,000 after buying an additional 998 shares during the last quarter. Swiss National Bank increased its holdings in shares of American Assets Trust by 1.0% during the third quarter. Swiss National Bank now owns 113,400 shares of the real estate investment trust’s stock worth $2,206,000 after buying an additional 1,100 shares in the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of American Assets Trust in the fourth quarter valued at approximately $25,000. Institutional investors own 90.43% of the company’s stock. Analyst Ratings Changes Separately, Mizuho decreased their price target on American Assets Trust from $23.00 to $22.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. Get Our Latest Stock Report on AAT American Assets Trust Stock Performance American Assets Trust stock opened at $22.95 on Monday. American Assets Trust, Inc. has a 12-month low of $17.15 and a 12-month high of $23.92. The stock has a 50-day simple moving average of $21.43 and a 200 day simple moving average of $21.53. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.47. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 25.79 and a beta of 1.25. American Assets Trust (NYSE:AAT – Get Free Report) last announced its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.35). The company had revenue of $110.70 million for the quarter, compared to analyst estimates of $106.39 million. American Assets Trust had a return on equity of 4.60% and a net margin of 12.05%. During the same quarter in the previous year, the company posted $0.66 earnings per share. On average, research analysts anticipate that American Assets Trust, Inc. will post 2.26 earnings per share for the current fiscal year. American Assets Trust Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be paid a $0.335 dividend. The ex-dividend date is Thursday, June 6th. This represents a $1.34 annualized dividend and a dividend yield of 5.84%. American Assets Trust’s dividend payout ratio (DPR) is currently 150.56%. About American Assets Trust (Free Report) 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.
05/01 14:58 EST - seekingalpha.com
American Assets Trust, Inc. (AAT) Q1 2024 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT ) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Ernest Rady – Chairman and Chief Executive Officer Adam Wyll – Chief Operating Officer Bob Barton – Chief Financial Officer Steve Center – Senior Vice President-Office Properties Conference Call Participants Todd Thomas – KeyBanc Capital Markets Ravi Vaidya – Mizuho Operator Good morning and welcome to the American Assets Trust, Incorporated First Quarter 2024 Earnings Call. As a reminder, today's conference call is being recorded.
American Assets Trust, Inc. (AAT) Q1 2024 Earnings Call Transcript
American Assets Trust, Inc. (NYSE:AAT ) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Ernest Rady – Chairman and Chief Executive Officer Adam Wyll – Chief Operating Officer Bob Barton – Chief Financial Officer Steve Center – Senior Vice President-Office Properties Conference Call Participants Todd Thomas – KeyBanc Capital Markets Ravi Vaidya – Mizuho Operator Good morning and welcome to the American Assets Trust, Incorporated First Quarter 2024 Earnings Call. As a reminder, today's conference call is being recorded.
04/30 19:01 EST - zacks.com
American Assets Trust (AAT) Tops Q1 FFO and Revenue Estimates
American Assets Trust (AAT) came out with quarterly funds from operations (FFO) of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to FFO of $0.66 per share a year ago.
American Assets Trust (AAT) Tops Q1 FFO and Revenue Estimates
American Assets Trust (AAT) came out with quarterly funds from operations (FFO) of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to FFO of $0.66 per share a year ago.
04/30 16:15 EST - globenewswire.com
American Assets Trust, Inc. Reports First Quarter 2024 Financial Results
Net income available to common stockholders of $19.3 million for the first quarter, or $0.32 per diluted share.
American Assets Trust, Inc. Reports First Quarter 2024 Financial Results
Net income available to common stockholders of $19.3 million for the first quarter, or $0.32 per diluted share.
04/08 16:15 EST - globenewswire.com
American Assets Trust, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call Information
SAN DIEGO, April 08, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2024 earnings in a press release to be issued after the market closes on Tuesday, April 30, 2024.
American Assets Trust, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call Information
SAN DIEGO, April 08, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2024 earnings in a press release to be issued after the market closes on Tuesday, April 30, 2024.
03/27 08:00 EST - seekingalpha.com
American Assets Trust: A Quality 6% Yielding REIT For Income-Focused Investors
American Assets Trust is a high-quality REIT that offers income investors a buying opportunity at a low P/FFO ratio of less than 9.0x, well below its 5-year average. AAT owns quality real estate in the Western US, with properties in high-income areas like San Diego and Oahu. Despite headwinds and expected declines in NOI, AAT's balance sheet is strong and their dividend is well-covered with a payout ratio of 76%.
American Assets Trust: A Quality 6% Yielding REIT For Income-Focused Investors
American Assets Trust is a high-quality REIT that offers income investors a buying opportunity at a low P/FFO ratio of less than 9.0x, well below its 5-year average. AAT owns quality real estate in the Western US, with properties in high-income areas like San Diego and Oahu. Despite headwinds and expected declines in NOI, AAT's balance sheet is strong and their dividend is well-covered with a payout ratio of 76%.
02/07 15:05 EST - seekingalpha.com
American Assets Trust, Inc. (AAT) Q4 2023 Earnings Call Transcript
American Assets Trust, Inc. (AAT) Q4 2023 Earnings Call Transcript
American Assets Trust, Inc. (AAT) Q4 2023 Earnings Call Transcript
American Assets Trust, Inc. (AAT) Q4 2023 Earnings Call Transcript