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American Assets Trust Inc (AAT)

AAT on New York Consolidated

39.46USD
17 Nov 2017
Change (% chg)

$-0.12 (-0.30%)
Prev Close
$39.58
Open
$39.45
Day's High
$39.78
Day's Low
$39.38
Volume
240,246
Avg. Vol
226,095
52-wk High
$44.83
52-wk Low
$36.79

Latest Key Developments (Source: Significant Developments)

American Assets Trust reports Q3 FFO per share $0.52
Tuesday, 31 Oct 2017 04:15pm EDT 

Oct 31 (Reuters) - American Assets Trust Inc ::American Assets Trust Inc reports third quarter 2017 financial results.Q3 FFO per share $0.52.Sees fy 2017 FFO per share $1.99 to $2.01.Sees fy 2018 FFO per share $2.01 to $2.09.American Assets Trust Inc says ‍quarterly dividend increased 4pct to $0.27 per share of common stock for Q4 of 2017​.American Assets Trust-projected costs of development at torrey point remain about $56 million, of which approximately $38 million has been incurred to date​.American Assets Trust - ‍ expect to incur remaining costs for development of torrey point in 2017 and 2018 as co continues to lease space in buildings​.Q3 FFO per share view $0.53 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $2.02 -- Thomson Reuters I/B/E/S.FY2018 FFO per share view $2.22 -- Thomson Reuters I/B/E/S.  Full Article

American Assets Trust Q2 FFO per share $0.49
Tuesday, 1 Aug 2017 04:15pm EDT 

Aug 1 (Reuters) - American Assets Trust Inc :American Assets Trust, Inc. Reports second quarter 2017 financial results.Q2 FFO per share $0.49.Sees FY 2017 FFO per share $2.00 to $2.06.Qtrly FFO per share $0.49.Qtrly same-store GAAP NOI increased 2% compared to same period in 2016.American Assets Trust Inc - company reaffirms its guidance for full year 2017 FFO per diluted share range of a range of $2.00 to $2.06 per share.  Full Article

American Assets Trust acquires Gateway Marketplace Shopping Center in Chula Vista, California
Thursday, 6 Jul 2017 06:32pm EDT 

July 6 (Reuters) - American Assets Trust Inc ::American Assets Trust Inc acquires the gateway marketplace shopping center in Chula Vista, California.American assets trust inc - ‍purchase price was approximately $42 million​.American Assets Trust Inc - deal funded with a combination of cash on hand and funds drawn against company's existing credit facility.  Full Article

American Assets Trust announces issuance of $100 mln of 4.24 pct senior guaranteed notes
Tuesday, 23 May 2017 04:15pm EDT 

May 23 (Reuters) - American Assets Trust Inc :American Assets Trust announces issuance of $100 million of 4.24 pct senior guaranteed notes, series E, due May 23, 2029.Series E notes are unsecured, will pay a fixed interest rate of 4.24 pct and are due on May 23, 2029.Intends to use proceeds from private placement of series E notes to repay outstanding amounts on its credit facility.  Full Article

American Assets Trust reports Q1 FFO per share $0.44
Tuesday, 2 May 2017 04:15pm EDT 

May 2 (Reuters) - American Assets Trust Inc :Reports first quarter 2017 financial results.Q1 FFO per share $0.44.American Assets Trust Inc - same-store GAAP decreased 1.2% to $41.9 million for three months ended March 31, 2017 compared to same period in 2016.American Assets Trust - increased guidance for FY 2017 FFO per diluted share range to $2.00 to $2.06 per share.  Full Article

American Assets Trust acquires Pacific Ridge Apartments for $232 mln
Friday, 28 Apr 2017 04:15pm EDT 

April 28 (Reuters) - American Assets Trust Inc -:American Assets Trust Inc acquires the Pacific Ridge Apartments in San Diego, California.Says purchase price was approximately $232 million.American Assets Trust Inc - purchase price funded with a combination of cash on hand and funds drawn against company's existing credit facility.  Full Article

American Assets Trust enters into agreement to acquire the Pacific Ridge Apartments in San Diego
Monday, 27 Mar 2017 04:15pm EDT 

American Assets Trust Inc - : Enters into purchase agreement to acquire the Pacific Ridge Apartments in San Diego, California . Purchase price is approximately $232 million . Says purchase price to be paid with a combination of cash on hand and funds drawn against company's existing credit facility .Transaction is being structured to accommodate a possible tax deferred exchange.  Full Article

American Assets Trust posts Q2 FFO per share $0.45
Tuesday, 26 Jul 2016 04:15pm EDT 

American Assets Trust Inc : FY2016 FFO per share view $1.87 -- Thomson Reuters I/B/E/S . American Assets Trust Inc reports second quarter 2016 financial results . Sees FY 2016 FFO per share $1.82 to $1.88 .Q2 FFO per share $0.45.  Full Article

Fitch Affirms American Assets Trust's IDR at 'BBB'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, September 21 (Fitch) Fitch Ratings has affirmed the ratings of American Assets Trust, Inc. (NYSE: AAT) and American Assets Trust, L.P., including the Long-Term Issuer Default Ratings (IDR) at 'BBB'. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS The rating and Stable Outlook are based on AAT's credit strengths, which include a portfolio focus on high growth and high-barrier-to-entry U.S. W