American Assets Trust Inc (NYSE: AAT) is -5.52% lower on its value in year-to-date trading and has touched a low of $20.03 and a high of $29.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AAT stock was last observed hovering at around $24.71 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $24.81, the stock is -2.37% and -7.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.27 million and changing 0.40% at the moment leaves the stock 0.10% off its SMA200. AAT registered 10.41% gain for a year compared to 6-month gain of 2.65%. The firm has a 50-day simple moving average (SMA 50) of $26.8784 and a 200-day simple moving average (SMA200) of $24.7848.
The stock witnessed a -10.50% loss in the last 1 month and extending the period to 3 months gives it a -11.14%, and is 5.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.36% over the week and 2.38% over the month.
American Assets Trust Inc (AAT) has around 228 employees, a market worth around $1.51B and $456.89M in sales. Current P/E ratio is 25.66 and Fwd P/E is 50.63. Profit margin for the company is 12.76%. Distance from 52-week low is 23.86% and -14.89% from its 52-week high. The company has generated returns on investments over the last 12 months (1.75%).
The EPS is expected to grow by 3.57% this year.
American Assets Trust Inc (AAT) Top Institutional Holders
330.0 institutions hold shares in American Assets Trust Inc (AAT), with institutional investors hold 95.41% of the company’s shares. The shares outstanding are 60.90M, and float is at 45.92M with Short Float at 1.62%. Institutions hold 93.67% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 11.51 million shares valued at $257.68 million. The investor’s holdings represent 19.0911% of the AAT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.93 million shares valued at $177.44 million to account for 13.1461 of the shares outstanding. The other top investors are AMERICAN ASSETS INC which holds 7.37 million shares representing 12.2278% and valued at over $165.04 million, while STATE STREET CORP holds 4.7122 of the shares totaling 2.84 million with a market value of $63.6 million.
American Assets Trust Inc (AAT) Insider Activity
The most recent transaction is an insider sale by Wyll Adam, the company’s President & COO. SEC filings show that Wyll Adam sold 30,238 shares of the company’s common stock on Dec 03 ’24 at a price of $28.22 per share for a total of $0.85 million. Following the sale, the insider now owns 45595.0 shares.
