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Adelante Capital Management Has Raised American Assets Trust (AAT) Position; Biolase (BIOL)’s Sentiment Is 0.63

Adelante Capital Management Llc increased American Assets Trust (AAT) stake by 28.94% reported in 2017Q2 SEC filing. Adelante Capital Management Llc acquired 84,714 shares as American Assets Trust (AAT)’s stock declined 8.89%. The Adelante Capital Management Llc holds 377,455 shares with $14.87 million value, up from 292,741 last quarter. American Assets Trust now has $2.48 billion valuation. The stock increased 0.08% or $0.03 during the last trading session, reaching $38.49. About 110,980 shares traded. American Assets Trust, Inc. (NYSE:AAT) has risen 1.63% since December 9, 2016 and is uptrending. It has underperformed by 15.07% the S&P500.

BIOLASE, Inc., a medical device company, develops, makes, markets, and sells laser systems in dentistry and medicine in the United States and internationally. The company has market cap of $31.17 million. The firm offers Waterlase dental laser systems for cutting soft and hard tissue; and diode laser systems, which are used to perform soft tissue, pain therapy, and cosmetic procedures, including teeth whitening. It currently has negative earnings. The Company’s dental laser systems allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a range of dental procedures, such as cosmetic, restorative, and complex surgical applications.

Oracle Investment Management Inc holds 2.24% of its portfolio in BIOLASE, Inc. for 14.62 million shares. Birchview Capital Lp owns 1.29 million shares or 0.66% of their US portfolio. Moreover, Trellus Management Company Llc has 0.5% invested in the company for 350,857 shares. The Massachusetts-based Camber Capital Management Llc has invested 0.25% in the stock. Consonance Capital Management Lp, a New York-based fund reported 1.15 million shares.

The stock decreased 8.01% or $0.04 during the last trading session, reaching $0.41. About 579,044 shares traded or 99.60% up from the average. BIOLASE, Inc. (BIOL) has risen 0.85% since December 9, 2016 and is uptrending. It has underperformed by 15.85% the S&P500.

Adelante Capital Management Llc decreased Hilton Inc. stake by 170,722 shares to 433,040 valued at $26.78 million in 2017Q2. It also reduced Apartment Investment & Manag (NYSE:AIV) stake by 401,084 shares and now owns 1.56M shares. Boston Properties Inc. (NYSE:BXP) was reduced too.

Among 6 analysts covering American Assets Trust (NYSE:AAT), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. American Assets Trust had 12 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, May 2 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, June 8 with “Buy”. The firm has “Hold” rating by KeyBanc Capital Markets given on Friday, September 22. On Monday, October 23 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The stock of American Assets Trust, Inc. (NYSE:AAT) has “Buy” rating given on Tuesday, August 1 by Canaccord Genuity. Mizuho downgraded the shares of AAT in report on Wednesday, February 22 to “Neutral” rating. The rating was downgraded by Bank of America on Thursday, November 2 to “Hold”. The stock has “Neutral” rating by Mizuho on Monday, July 18. As per Wednesday, April 12, the company rating was maintained by Canaccord Genuity. Canaccord Genuity initiated American Assets Trust, Inc. (NYSE:AAT) on Wednesday, July 22 with “Buy” rating.

Investors sentiment increased to 1.71 in 2017 Q2. Its up 0.36, from 1.35 in 2017Q1. It improved, as 7 investors sold AAT shares while 44 reduced holdings. 20 funds opened positions while 67 raised stakes. 45.40 million shares or 1.07% less from 45.89 million shares in 2017Q1 were reported. Westpac Banking has 0% invested in American Assets Trust, Inc. (NYSE:AAT) for 70,700 shares. Prudential Fincl has invested 0.01% in American Assets Trust, Inc. (NYSE:AAT). Moreover, State Of Wisconsin Investment Board has 0.03% invested in American Assets Trust, Inc. (NYSE:AAT) for 244,682 shares. Meeder Asset Mngmt Incorporated has 139 shares for 0% of their portfolio. Kennedy Capital Mngmt invested in 297,530 shares or 0.22% of the stock. 418,253 are held by Numeric Invsts Limited. Alpine Woods Cap Ltd Liability Corporation reported 0.05% stake. Millennium Mngmt Ltd Liability Co stated it has 347,905 shares. California State Teachers Retirement Systems holds 71,532 shares. Vanguard Group holds 0.01% or 6.13M shares. Cwm Ltd Limited Liability Company holds 0% or 200 shares. Morgan Stanley invested in 130,249 shares. Credit Agricole S A owns 20,076 shares for 0% of their portfolio. Goldman Sachs Gp Incorporated Inc reported 292,463 shares stake. Strs Ohio holds 0.01% or 63,563 shares in its portfolio.

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