NYSE:AATREITs
Is There Now An Opportunity In American Assets Trust (AAT) After Mixed Long Term Returns?
If you are wondering whether American Assets Trust is simply out of favor or quietly offering value, starting with the recent share performance can help frame the opportunity and the risks.
The stock last closed at US$18.84, with returns of 0.3% over the past week, a 1.1% decline over 30 days, 0.3% year to date, and longer term returns of 14.5% decline over 1 year, 18.0% decline over 3 years, and 15.8% decline over 5 years.
These mixed returns sit against a real estate backdrop where...