Norinchukin Bank The Raises Holdings in American International Group, Inc. (AIG)

Norinchukin Bank The grew its position in American International Group, Inc. (NYSE:AIG) by 9.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,186 shares of the insurance provider’s stock after buying an additional 5,627 shares during the quarter. Norinchukin Bank The’s holdings in American International Group were worth $4,186,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AIG. Peddock Capital Advisors LLC raised its position in shares of American International Group by 100.0% in the 2nd quarter. Peddock Capital Advisors LLC now owns 2,542 shares of the insurance provider’s stock worth $159,000 after acquiring an additional 1,271 shares in the last quarter. Rational Advisors LLC raised its position in shares of American International Group by 100.0% in the 3rd quarter. Rational Advisors LLC now owns 3,000 shares of the insurance provider’s stock worth $184,000 after acquiring an additional 1,500 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of American International Group by 30.3% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,076 shares of the insurance provider’s stock worth $192,000 after acquiring an additional 716 shares in the last quarter. First Capital Advisors Group LLC. bought a new position in shares of American International Group in the 3rd quarter worth $200,000. Finally, Linscomb & Williams Inc. bought a new position in shares of American International Group in the 2nd quarter worth $204,000. Institutional investors and hedge funds own 84.67% of the company’s stock.

American International Group, Inc. (NYSE AIG) traded down $0.40 during trading on Thursday, reaching $59.23. The company’s stock had a trading volume of 3,042,000 shares, compared to its average volume of 5,909,177. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.43. The stock has a market cap of $53,604.95, a P/E ratio of 23.76, a PEG ratio of 1.92 and a beta of 1.23. American International Group, Inc. has a twelve month low of $57.90 and a twelve month high of $67.47.

American International Group (NYSE:AIG) last posted its quarterly earnings results on Thursday, November 2nd. The insurance provider reported ($1.22) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.23 by ($2.45). The firm had revenue of $12.67 billion for the quarter, compared to analysts’ expectations of $12.05 billion. American International Group had a negative net margin of 5.07% and a positive return on equity of 3.43%. During the same quarter in the previous year, the firm posted $1.23 EPS. analysts expect that American International Group, Inc. will post 2.82 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 8th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $1.28 annualized dividend and a yield of 2.16%. American International Group’s payout ratio is presently -51.00%.

ILLEGAL ACTIVITY NOTICE: “Norinchukin Bank The Raises Holdings in American International Group, Inc. (AIG)” was posted by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://www.com-unik.info/2017/11/23/norinchukin-bank-the-raises-holdings-in-american-international-group-inc-aig.html.

Several research analysts have recently commented on AIG shares. BidaskClub raised American International Group from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Zacks Investment Research raised American International Group from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $75.00 price target on shares of American International Group in a research report on Thursday, August 3rd. Atlantic Securities lowered American International Group from an “overweight” rating to a “neutral” rating and set a $70.00 price target for the company. in a research report on Wednesday, August 9th. Finally, Deutsche Bank AG reissued a “sell” rating and issued a $60.00 price target (up from $57.00) on shares of American International Group in a research report on Wednesday, August 9th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $68.18.

American International Group Company Profile

American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.

Want to see what other hedge funds are holding AIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American International Group, Inc. (NYSE:AIG).

Institutional Ownership by Quarter for American International Group (NYSE:AIG)

What are top analysts saying about American International Group Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for American International Group Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit