Economy

American Assets Trust, Inc. (NYSE:AAT) CEO Acquires 3955 Shares of Stock

American Assets Trust, Inc. (NYSE:AAT) CEO Acquires 3955 Shares of Stockā€

The Stocks were bought at a consensus cost of $40.00 for a share, amounting $1,860,320.00. As of quarter end William Blair Investment Management, LLC had disposed of 3,167 shares trimming its position 0.6%. State Street upped its stake in American Assets Trust by 59.6% through out the 1st period. Vanguard Group Inc. now owns 6,031,452 shares of the real estate investment trust's stock valued at $252,356,000 after acquiring an additional 208,727 shares during the last quarter.

Paradigm Asset Management Co Llc decreased American Wtr Wks Co (NYSE:AWK) stake by 5,350 shares to 2,850 valued at $206,000 in 2016Q4. The correct version of this report can be viewed at https://weekherald.com/2017/09/11/american-assets-trust-inc-aat-ceo-acquires-160335-70-in-stock.html. BlackRock Inc. now owns 5,711,691 shares of the real estate investment trust's stock valued at $238,976,000 after purchasing an additional 5,651,734 shares in the last quarter. Hsbc Public Limited has 0% invested in American Assets Trust, Inc (NYSE:AAT). United Capital Financial Advisers LLC now owns 8,469 shares of the real estate investment trust's stock worth $354,000 after acquiring an additional 31 shares in the last quarter. Finally, Boston Partners increased its position in American Assets Trust by 4.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,211 shares of the real estate investment trust's stock worth $2,352,000 after acquiring an additional 274 shares in the last quarter. About shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has declined 16.92% since September 8, 2016 and is downtrending. RADY ERNEST S also bought $1.73M worth of American Assets Trust, Inc (NYSE:AAT) shares.

In other American Assets Trust news, Chief Executive Officer Ernest S. Rady purchased 37,738 stocks of American Assets Trust shares in a trade dated Wed, Jun 14th. Municipal Employees Retirement System of MI now owns 9,180 shares of the real estate investment trust's stock worth $384,000 after buying an additional 90 shares in the last quarter. The disclosure for this purchase can be found here. BlackRock Fund Advisors now owns 2,580,777 shares of the real estate investment trust's stock valued at $111,954,000 after buying an additional 110,887 shares in the last quarter.

Several research firms have issued reports on AAT. BidaskClub raised shares of American Assets Trust from a "strong sell" rating to a "sell" rating in a report on Saturday, August 26th. Zacks Investment Research upgraded American Assets Trust from a "hold" rating to a "buy" rating and set a $45.00 price target for the company in a research report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Jefferies has "Hold" rating and $20 target. Vanguard Gp Inc owns 5.82M shares. (NYSE:AAT) opened at 40.72 on Friday. The last stock close price is down -0.68% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. American Assets Trust Inc now has $1.92 billion valuation.

American Assets Trust, Inc. now has a P/E ratio of 61.93 and market cap is 1.92B. Canaccord Genuity initiated American Assets Trust, Inc (NYSE:AAT) rating on Wednesday, July 22. In the latest earnings report the EPS was $0.66 and is estimated to be $0.63 for the current year with 47,130,000 shares now outstanding. The company had revenue of $77.11 million for the quarter. American Assets Investment Management LLC increased its stake in shares of American Assets Trust by 3.8% in the third quarter. Principal Financial Group Inc. owned approximately 0.66% of American Assets Trust worth $13,002,000 as of its most recent SEC filing.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, September 14th will be given a $0.26 dividend. The ex-dividend date has been established as Tuesday the 13th of June 2017. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.55%. American Assets Investment Management Llc owns 824,572 shares or 7.51% of their U.S. portfolio.

ILLEGAL ACTIVITY WARNING: This report was first reported by BBNS and is the property of of BBNS. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws. Commercial Bank Of America Corporation De reported 0% in American Assets Trust, Inc (NYSE:AAT).

American Assets Trust, is a full service, vertically integrated and self-administered real estate investment trust (REIT).



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