News articles about American Assets Trust (NYSE:AAT) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Assets Trust earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 45.3423502420581 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- American Assets Trust’s (AAT) CEO Ernest Rady on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
- American Assets Trust, Inc (AAT) Declares $0.27 Quarterly Dividend (americanbankingnews.com)
- American Assets Trust (AAT) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS (americanbankingnews.com)
- American Assets Trust, Inc. Reports Fourth Quarter and Year-End 2017 Financial Results (finance.yahoo.com)
Shares of American Assets Trust (NYSE AAT) traded up $0.16 on Thursday, reaching $32.16. 146,688 shares of the company were exchanged, compared to its average volume of 190,098. American Assets Trust has a twelve month low of $30.93 and a twelve month high of $44.83. The firm has a market cap of $1,554.27, a price-to-earnings ratio of 52.18, a P/E/G ratio of 2.80 and a beta of 0.40. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.76 and a current ratio of 2.76.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.36%. American Assets Trust’s payout ratio is presently 174.19%.
Several research firms recently commented on AAT. Mizuho reaffirmed a “hold” rating and issued a $40.00 price objective on shares of American Assets Trust in a research report on Friday, November 10th. Bank of America cut shares of American Assets Trust from a “buy” rating to a “neutral” rating and set a $41.00 price target on the stock. in a research report on Thursday, November 2nd. Finally, Zacks Investment Research cut shares of American Assets Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $44.00.
In other news, CEO Ernest S. Rady purchased 40,167 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was bought at an average price of $39.34 per share, with a total value of $1,580,169.78. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ernest S. Rady purchased 15,034 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were purchased at an average cost of $38.47 per share, with a total value of $578,357.98. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 156,554 shares of company stock worth $6,121,031. Company insiders own 34.15% of the company’s stock.
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American Assets Trust Company Profile
American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, office, multifamily and mixed-use properties in Southern California, Northern California, Oregon, Washington, Texas and Hawaii markets.
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