American International Group, Inc. (NYSE:AIG) Shares Purchased by EagleClaw Capital Managment LLC

EagleClaw Capital Managment LLC increased its stake in shares of American International Group, Inc. (NYSE:AIG) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,129 shares of the insurance provider’s stock after acquiring an additional 750 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in American International Group were worth $2,266,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Candriam S.C.A. raised its stake in American International Group by 91.2% during the 4th quarter. Candriam S.C.A. now owns 323,719 shares of the insurance provider’s stock worth $23,567,000 after acquiring an additional 154,382 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in American International Group during the 4th quarter worth $95,074,000. Verdence Capital Advisors LLC raised its stake in American International Group by 1.2% during the 4th quarter. Verdence Capital Advisors LLC now owns 23,187 shares of the insurance provider’s stock worth $1,688,000 after acquiring an additional 284 shares in the last quarter. Proficio Capital Partners LLC raised its stake in American International Group by 35.9% during the 4th quarter. Proficio Capital Partners LLC now owns 9,481 shares of the insurance provider’s stock worth $690,000 after acquiring an additional 2,503 shares in the last quarter. Finally, Atria Investments Inc raised its stake in American International Group by 5.1% during the 4th quarter. Atria Investments Inc now owns 64,095 shares of the insurance provider’s stock worth $4,666,000 after acquiring an additional 3,109 shares in the last quarter. 90.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director John G. Rice acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were purchased at an average price of $77.00 per share, with a total value of $770,000.00. Following the completion of the acquisition, the director now owns 10,000 shares in the company, valued at approximately $770,000. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.61% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have commented on AIG shares. JPMorgan Chase & Co. dropped their price objective on shares of American International Group from $89.00 to $83.00 and set an “overweight” rating on the stock in a research note on Friday, January 3rd. UBS Group dropped their price objective on shares of American International Group from $88.00 to $86.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. StockNews.com upgraded shares of American International Group from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Morgan Stanley lifted their price objective on shares of American International Group from $75.00 to $76.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, HSBC upgraded shares of American International Group from a “hold” rating to a “buy” rating and set a $93.00 price objective on the stock in a research note on Wednesday. Eight equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.38.

American International Group Trading Down 0.1 %

Shares of American International Group stock opened at $81.26 on Friday. American International Group, Inc. has a 52-week low of $69.00 and a 52-week high of $83.77. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.21. The company’s 50-day simple moving average is $75.18 and its 200-day simple moving average is $75.00. The firm has a market cap of $48.21 billion, a price-to-earnings ratio of -39.06, a price-to-earnings-growth ratio of 1.01 and a beta of 0.98.

American International Group (NYSE:AIG) last released its quarterly earnings data on Tuesday, February 11th. The insurance provider reported $1.30 EPS for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.03). American International Group had a positive return on equity of 8.01% and a negative net margin of 4.25%. As a group, equities research analysts anticipate that American International Group, Inc. will post 6.24 earnings per share for the current year.

American International Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Monday, March 17th. American International Group’s dividend payout ratio is currently -76.92%.

American International Group Profile

American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.