GSA Capital Partners LLP Has $220,000 Stock Holdings in American Assets Trust, Inc. (NYSE:AAT)

GSA Capital Partners LLP lessened its stake in shares of American Assets Trust, Inc. (NYSE:AAT) by 54.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,609 shares of the real estate investment trust’s stock after selling 9,051 shares during the period. GSA Capital Partners LLP’s holdings in American Assets Trust were worth $220,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AAT. Principal Financial Group Inc. grew its holdings in American Assets Trust by 26.1% during the third quarter. Principal Financial Group Inc. now owns 2,141,384 shares of the real estate investment trust’s stock valued at $51,586,000 after purchasing an additional 442,880 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in American Assets Trust by 1,316.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 352,739 shares of the real estate investment trust’s stock valued at $8,497,000 after purchasing an additional 327,839 shares during the last quarter. Crestline Management LP grew its holdings in American Assets Trust by 116.8% during the third quarter. Crestline Management LP now owns 236,069 shares of the real estate investment trust’s stock valued at $5,687,000 after purchasing an additional 127,173 shares during the last quarter. Colony Capital Inc. acquired a new position in American Assets Trust during the third quarter valued at approximately $2,686,000. Finally, William Blair Investment Management LLC grew its holdings in American Assets Trust by 34.1% during the third quarter. William Blair Investment Management LLC now owns 408,966 shares of the real estate investment trust’s stock valued at $9,852,000 after purchasing an additional 104,059 shares during the last quarter. Institutional investors own 94.06% of the company’s stock.

Separately, Zacks Investment Research downgraded shares of American Assets Trust from a “hold” rating to a “strong sell” rating in a research note on Friday.

In other news, CEO Ernest S. Rady bought 45,008 shares of American Assets Trust stock in a transaction that occurred on Monday, November 30th. The stock was purchased at an average cost of $28.99 per share, with a total value of $1,304,781.92. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Adam Wyll sold 8,500 shares of the firm’s stock in a transaction on Monday, December 7th. The stock was sold at an average price of $30.20, for a total value of $256,700.00. Following the completion of the transaction, the chief operating officer now directly owns 79,524 shares of the company’s stock, valued at $2,401,624.80. The disclosure for this sale can be found here. 32.76% of the stock is owned by company insiders.

Shares of American Assets Trust stock opened at $29.30 on Friday. The company’s fifty day simple moving average is $28.76 and its 200-day simple moving average is $26.87. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 46.51 and a beta of 1.20. The company has a current ratio of 3.30, a quick ratio of 3.30 and a debt-to-equity ratio of 1.12. American Assets Trust, Inc. has a 1 year low of $20.15 and a 1 year high of $45.68.

American Assets Trust (NYSE:AAT) last announced its quarterly earnings data on Monday, February 8th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.09). American Assets Trust had a return on equity of 2.94% and a net margin of 10.38%. As a group, research analysts forecast that American Assets Trust, Inc. will post 1.93 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 25th. Investors of record on Thursday, March 11th will be given a $0.28 dividend. This is a boost from American Assets Trust’s previous quarterly dividend of $0.25. This represents a $1.12 annualized dividend and a yield of 3.82%. The ex-dividend date is Wednesday, March 10th. American Assets Trust’s dividend payout ratio (DPR) is 45.45%.

American Assets Trust Company Profile

American Assets Trust, Inc is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 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, Oregon, Washington, Texas and Hawaii.

See Also: Capital Gains Distribution

Want to see what other hedge funds are holding AAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Assets Trust, Inc. (NYSE:AAT).

Institutional Ownership by Quarter for American Assets Trust (NYSE:AAT)

Receive News & Ratings for American Assets Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Assets Trust and related companies with MarketBeat.com's FREE daily email newsletter.