Institutional Investors Are Selling American Assets Trust Inc (NYSE:AAT)

May 17, 2018 - By Kristen Paramore

Sentiment for American Assets Trust Inc (NYSE:AAT)

American Assets Trust Inc (NYSE:AAT) institutional sentiment decreased to 1.04 in 2017 Q4. Its down -0.10, from 1.14 in 2017Q3. The ratio fall, as 75 investment managers opened new or increased equity positions, while 72 decreased and sold positions in American Assets Trust Inc. The investment managers in our partner’s database now own: 45.37 million shares, up from 44.88 million shares in 2017Q3. Also, the number of investment managers holding American Assets Trust Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 18 Reduced: 54 Increased: 50 New Position: 25.

American Assets Trust, Inc. is a real estate investment trust. The company has market cap of $2.23 billion. The firm invests in real estate markets of the United States. It has a 55.56 P/E ratio. It owns, operates, acquires and develops high quality retail, office, multifamily and mixed-use properties in attractive, high-barrier-to-entry markets in Southern California, Northern California, Oregon, Washington, Texas and Hawaii.

The stock increased 0.03% or $0.01 during the last trading session, reaching $34.56. About 301,177 shares traded. American Assets Trust, Inc. (NYSE:AAT) has declined 20.86% since May 17, 2017 and is downtrending. It has underperformed by 32.41% the S&P500.

Analysts await American Assets Trust, Inc. (NYSE:AAT) to report earnings on August, 7. They expect $0.50 EPS, up 2.04 % or $0.01 from last year’s $0.49 per share. AAT’s profit will be $32.20 million for 17.28 P/E if the $0.50 EPS becomes a reality. After $0.51 actual EPS reported by American Assets Trust, Inc. for the previous quarter, Wall Street now forecasts -1.96 % negative EPS growth.

American Assets Inc holds 69.93% of its portfolio in American Assets Trust, Inc. for 6.47 million shares. American Assets Investment Management Llc owns 824,572 shares or 6.04% of their US portfolio. Moreover, Aew Capital Management L P has 2.03% invested in the company for 2.05 million shares. The California-based Forward Management Llc has invested 0.24% in the stock. Kennedy Capital Management Inc., a Missouri-based fund reported 338,617 shares.

Since January 1, 0001, it had 10 insider purchases, and 0 sales for $26.22 million activity.

American Assets Trust, Inc. (NYSE:AAT) Ratings Coverage

Ratings analysis reveals 75% of American Assets Trust’s analysts are positive. Out of 4 Wall Street analysts rating American Assets Trust, 3 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. AAT was included in 4 notes of analysts from February 16, 2018. The company was maintained on Friday, February 16 by RBC Capital Markets. The stock has “Buy” rating by Mizuho on Thursday, February 22. The stock of American Assets Trust, Inc. (NYSE:AAT) earned “Underperform” rating by Bank of America on Thursday, March 1. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, March 27.

More notable recent American Assets Trust, Inc. (NYSE:AAT) news were published by: Gurufocus.com which released: “American Assets Trust Inc (AAT) Chairman, CEO & President Ernest S Rady Bought $165651 of Shares” on May 11, 2018, also Gurufocus.com with their article: “American Assets Trust Inc (AAT) Chairman, CEO & President Ernest S Rady Bought $2.2 million of Shares” published on May 14, 2018, Gurufocus.com published: “American Assets Trust Inc (AAT) Chairman, CEO & President Ernest S Rady Bought $1.7 million of Shares” on May 09, 2018. More interesting news about American Assets Trust, Inc. (NYSE:AAT) were released by: Globenewswire.com and their article: “American Assets Trust, Inc. Reports First Quarter 2018 Financial Results” published on May 01, 2018 as well as Seekingalpha.com‘s news article titled: “American Assets Trust’s (AAT) CEO Ernest Rady on Q1 2018 Results – Earnings Call Transcript” with publication date: May 03, 2018.

American Assets Trust, Inc. (NYSE:AAT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: