Is a 33% Slide a Buying Opportunity? Inside One Fund's New $4.4 Million American Assets Trust Position
A beaten-down REIT just raised guidance — here’s why one fund decided it was the right moment to jump in.New York City-based Argosy-Lionbridge Management disclosed a new position in American Assets Trust (AAT 0.96%) on November 14, revealing that it initiated an approximately $4.4 million stake as of September 30.What HappenedAccording to a filing with the Securities and Exchange Commission dated November 14, Argosy-Lionbridge Management initiated a new position in American Assets Trust (AAT 0.96%) by acqui ...