American International Group, Inc. (AIG) Consensus Earnings Estimates

Cornelia Mascio
Febbraio 15, 2018

ACG Wealth cut its holdings in shares of American International Group Inc (NYSE:AIG) by 19.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Barrow Hanley Mewhinney & Strauss LLC now owns 15,631,331 shares of the insurance provider's stock worth $959,607,000 after acquiring an additional 8,586,682 shares during the last quarter.

More notable recent American International Group, Inc. Rational Advisors LLC boosted its holdings in shares of American International Group by 100.0% during the third quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of American International Group during the third quarter worth approximately $163,000. Patriot Wealth Management Inc. now owns 142,495 shares of the insurance provider's stock valued at $8,490,000 after purchasing an additional 1,989 shares in the last quarter. Trading volume for American International Group, Inc. was 4.89 Million in its previous trading session. Old Mutual Global Investors UK Ltd. boosted its holdings in American International Group by 46.7% during the 4th quarter. Finally, Torray LLC boosted its stake in shares of American International Group by 26.0% in the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 5,034 shares of the insurance provider's stock valued at $300,000 after acquiring an additional 2,214 shares during the period. (NYSE:AIG)'s Buy count is 2 and Strong Buy is 4 while the number of analysts recommending Sell and Strong Sell are 0 and 5, respectively.

Several analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $74.00 price objective on shares of American International Group in a research note on Wednesday, December 6th. Zacks Investment Research lowered shares of American International Group from a "hold" rating to a "sell" rating in a research note on Tuesday, October 17th. Goldman Sachs Group initiated coverage on American International Group in a research note on Monday, December 4th. They issued a "neutral" rating and a $61.00 price objective on the stock. Deutsche Bank upgraded shares of American International Group from a "sell" rating to a "hold" rating and lifted their price objective for the company from $58.00 to $59.00 in a research note on Wednesday, December 6th. The analyst recommendations from a month ago are 2 Buy, 3 Strong Buy, 0 Sell, 1 Hold and 7. American International Group has a consensus rating of "Hold" and a consensus price target of $66.87.

American International Group (NYSE AIG) opened at $59.75 on Thursday. The company has a market capitalization of $53,430.00, a P/E ratio of -23.87, a PEG ratio of 0.98 and a beta of 1.17. American International Group has a 52 week low of $57.85 and a 52 week high of $67.30. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.26 and a quick ratio of 0.26.

American International Group (NYSE:AIG) last released its earnings results on Thursday, February 8th. The insurance provider reported $0.57 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.75 by ($0.18). American International Group had a negative net margin of 5.07% and a positive return on equity of 3.02%.

TRADEMARK VIOLATION NOTICE: "American International Group Inc (AIG) Holdings Reduced by State of Wisconsin Investment Board" was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Wednesday, March 14th. American International Group's payout ratio is -18.63%.

COPYRIGHT VIOLATION WARNING: "American International Group Inc (AIG) Shares Sold by ACG Wealth" was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece of content on another site, it was stolen and republished in violation of United States & worldwide trademark and copyright law. Caisse De Depot Et Placement Du Quebec stated it has 0.04% of its portfolio in American International Group, Inc. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world.

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