One Wealth Advisors LLC Increases Holdings in American Assets Trust, Inc. (NYSE:AAT)

One Wealth Advisors LLC lifted its position in American Assets Trust, Inc. (NYSE:AAT) by 7.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,949 shares of the real estate investment trust’s stock after buying an additional 1,023 shares during the period. One Wealth Advisors LLC’s holdings in American Assets Trust were worth $366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of AAT. KBC Group NV boosted its position in American Assets Trust by 56.5% in the fourth quarter. KBC Group NV now owns 3,217 shares of the real estate investment trust’s stock worth $84,000 after purchasing an additional 1,161 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of American Assets Trust by 61.6% in the 4th quarter. Blue Trust Inc. now owns 9,335 shares of the real estate investment trust’s stock worth $249,000 after purchasing an additional 3,560 shares during the period. Ritholtz Wealth Management boosted its holdings in shares of American Assets Trust by 21.6% in the fourth quarter. Ritholtz Wealth Management now owns 97,281 shares of the real estate investment trust’s stock worth $2,555,000 after buying an additional 17,254 shares during the last quarter. Diversified Trust Co bought a new stake in American Assets Trust during the fourth quarter valued at approximately $253,000. Finally, JPMorgan Chase & Co. increased its holdings in American Assets Trust by 14.2% during the third quarter. JPMorgan Chase & Co. now owns 584,529 shares of the real estate investment trust’s stock valued at $15,619,000 after buying an additional 72,579 shares during the last quarter. Institutional investors own 90.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AAT. 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 upped their price target on American Assets Trust from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th.

American Assets Trust Price Performance

Shares of NYSE:AAT opened at $24.15 on Tuesday. The firm’s 50 day simple moving average is $26.06 and its two-hundred day simple moving average is $26.39. The company has a debt-to-equity ratio of 1.86, a current ratio of 8.53 and a quick ratio of 8.53. The company has a market capitalization of $1.47 billion, a P/E ratio of 26.54 and a beta of 1.30. American Assets Trust, Inc. has a 1-year low of $20.03 and a 1-year high of $29.15.

Insider Buying and Selling

In other American Assets Trust news, COO Adam Wyll sold 30,238 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $28.22, for a total transaction of $853,316.36. Following the completion of the transaction, the chief operating officer now owns 45,595 shares of the company’s stock, valued at $1,286,690.90. This represents a 39.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 37.32% of the stock is currently owned by insiders.

American Assets Trust Company 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.