American Assets Trust Inc (NYSE: AAT) is -9.78% lower on its value in year-to-date trading and has touched a low of $16.69 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 $20.19 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $20.21, the stock is 0.48% and 2.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.32 million and changing 0.10% at the moment leaves the stock -13.32% off its SMA200. AAT registered -23.04% loss for a year compared to 6-month loss of -22.30%. The firm has a 50-day simple moving average (SMA 50) of $19.6848 and a 200-day simple moving average (SMA200) of $23.3148.
The stock witnessed a 0.70% gain in the last 1 month and extending the period to 3 months gives it a -0.93%, and is 1.51% 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 2.41% over the week and 2.26% over the month.
American Assets Trust Inc (AAT) has around 226 employees, a market worth around $1.24B and $500.24M in sales. Current P/E ratio is 15.26 and Fwd P/E is 44.91. Profit margin for the company is 16.01%. Distance from 52-week low is 21.09% and -30.67% from its 52-week high. The company has generated returns on investments over the last 12 months (2.75%).
with sales reaching $107.75M over the same period.The EPS is expected to shrink by -60.64% this year, but quarterly earnings will post -5.07% year-over-year. Quarterly sales are estimated to shrink -2.84% in year-over-year returns.
340.0 institutions hold shares in American Assets Trust Inc (AAT), with institutional investors hold 95.72% of the company’s shares. The shares outstanding are 61.13M, and float is at 46.14M with Short Float at 2.16%. Institutions hold 94.23% 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 19.0902 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 13.1454 of the shares outstanding. The other top investors are AMERICAN ASSETS INC which holds 7.37 million shares representing 12.2272 and valued at over $165.04 million, while STATE STREET CORP holds 4.712 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.