American Assets Trust Inc (AAT) was Initiated by Mizuho to “Buy” and the brokerage firm has set the Price Target at $46. Mizuho advised their investors in a research report released on Apr 14, 2016.
American Assets Trust Inc closed down -0.12 points or -0.31% at $38.53 with 1,45,808 shares getting traded on Monday. Post opening the session at $38.73, the shares hit an intraday low of $38.47 and an intraday high of $39.07 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Mar 9, 2016, Jerry Gammieri (V. P. Construction and Devlp) sold 2,650 shares at $37.80 per share price. According to the SEC, on Mar 7, 2016, Ernest S Rady (CEO) purchased 5,500 shares at $37.67 per share price. On Jun 3, 2015, Duane Nelles (director) purchased 11,000 shares at $39.55 per share price, according to the Form-4 filing with the securities and exchange commission.
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 attractive high-barrier-to-entry markets in Southern California Northern California Oregon Washington Texas and Hawaii. The Company operates through four business segments: retail which includes the rental of retail space and other tenant services; office which includes the rental of office space and other tenant services; multifamily which includes the rental of apartments and other tenant services and mixed-use which includes the rental of retail space and other tenant services. The Companys core markets include San Diego the San Francisco Bay Area Portland Oregon Bellevue Washington and Oahu Hawaii.