American International Group, Inc. (NYSE:AIG) Shares Purchased by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its position in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 889,914 shares of the insurance provider's stock after buying an additional 36,568 shares during the period. American International Group accounts for approximately 2.0% of MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings, making the stock its 8th biggest position. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH owned about 0.14% of American International Group worth $64,563,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Atlanta Consulting Group Advisors LLC bought a new stake in shares of American International Group in the third quarter valued at approximately $494,000. Artemis Investment Management LLP raised its stake in American International Group by 115.9% during the 4th quarter. Artemis Investment Management LLP now owns 274,246 shares of the insurance provider's stock valued at $19,965,000 after purchasing an additional 147,235 shares during the last quarter. M&T Bank Corp boosted its holdings in American International Group by 329.0% in the 3rd quarter. M&T Bank Corp now owns 98,964 shares of the insurance provider's stock valued at $7,247,000 after purchasing an additional 75,894 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in American International Group by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,920 shares of the insurance provider's stock worth $2,997,000 after purchasing an additional 274 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of American International Group by 9.3% during the 4th quarter. GAMMA Investing LLC now owns 11,118 shares of the insurance provider's stock worth $809,000 after purchasing an additional 950 shares during the period. Institutional investors own 90.60% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AIG shares. Jefferies Financial Group increased their target price on shares of American International Group from $82.00 to $88.00 and gave the company a "buy" rating in a research note on Wednesday, October 9th. Bank of America raised their price objective on American International Group from $82.00 to $86.00 and gave the stock a "neutral" rating in a research report on Thursday, October 10th. Evercore ISI decreased their price objective on American International Group from $79.00 to $78.00 and set an "in-line" rating on the stock in a report on Wednesday, October 9th. StockNews.com upgraded American International Group from a "sell" rating to a "hold" rating in a research note on Friday, November 8th. Finally, BMO Capital Markets downgraded shares of American International Group from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $90.00 to $84.00 in a research note on Tuesday, October 15th. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $84.13.

American International Group Price Performance

American International Group stock traded down $0.89 on Friday, reaching $73.71. The company's stock had a trading volume of 3,628,231 shares, compared to its average volume of 4,135,769. The business's fifty day moving average price is $73.84 and its 200 day moving average price is $74.67. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $45.98 billion, a price-to-earnings ratio of -21.74, a PEG ratio of 5.89 and a beta of 1.06. American International Group, Inc. has a twelve month low of $67.53 and a twelve month high of $80.83.

American International Group (NYSE:AIG - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.13. The business had revenue of $6.75 billion for the quarter, compared to the consensus estimate of $6.62 billion. American International Group had a negative net margin of 6.19% and a positive return on equity of 8.63%. During the same quarter in the prior year, the company earned $1.61 EPS. Equities analysts expect that American International Group, Inc. will post 4.89 earnings per share for the current fiscal year.

American International Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date was Monday, December 16th. American International Group's dividend payout ratio is currently -47.20%.

American International Group Company 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.