American International Group, Inc. (NYSE:AIG) Holdings Decreased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. decreased its position in American International Group, Inc. (NYSE:AIG - Free Report) by 5.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 243,807 shares of the insurance provider's stock after selling 13,578 shares during the quarter. Asset Management One Co. Ltd.'s holdings in American International Group were worth $17,798,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atlanta Consulting Group Advisors LLC purchased a new position in shares of American International Group during the third quarter valued at approximately $494,000. Artemis Investment Management LLP raised its holdings in American International Group by 115.9% in the 4th quarter. Artemis Investment Management LLP now owns 274,246 shares of the insurance provider's stock valued at $19,965,000 after acquiring an additional 147,235 shares during the last quarter. Beacon Investment Advisory Services Inc. lifted its stake in shares of American International Group by 5.2% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 70,816 shares of the insurance provider's stock worth $5,155,000 after purchasing an additional 3,490 shares during the period. Merit Financial Group LLC purchased a new stake in shares of American International Group in the fourth quarter valued at $1,260,000. Finally, Williams & Novak LLC acquired a new position in shares of American International Group during the 4th quarter valued at about $279,000. 90.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AIG shares. UBS Group dropped their price target on shares of American International Group from $88.00 to $86.00 and set a "buy" rating for the company in a research report on Tuesday. StockNews.com upgraded American International Group from a "sell" rating to a "hold" rating in a report on Friday, November 8th. Wells Fargo & Company upped their price target on American International Group from $76.00 to $77.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods boosted their target price on American International Group from $87.00 to $90.00 and gave the stock an "outperform" rating in a report on Friday, February 14th. Finally, JPMorgan Chase & Co. cut their price target on shares of American International Group from $89.00 to $83.00 and set an "overweight" rating on the stock in a report on Friday, January 3rd. Nine research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $83.94.

Insider Buying and Selling at American International Group

In related news, Director John G. Rice bought 10,000 shares of the company's stock in a transaction dated Thursday, February 13th. The stock was bought at an average price of $77.00 per share, with a total value of $770,000.00. Following the transaction, the director now owns 10,000 shares of the company's stock, valued at approximately $770,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 0.61% of the stock is currently owned by insiders.

American International Group Stock Down 0.2 %

NYSE:AIG traded down $0.14 on Wednesday, reaching $75.32. The stock had a trading volume of 4,163,221 shares, compared to its average volume of 3,985,288. American International Group, Inc. has a 12-month low of $68.04 and a 12-month high of $80.83. The stock has a market cap of $44.69 billion, a P/E ratio of -36.21, a price-to-earnings-growth ratio of 0.96 and a beta of 1.05. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average of $73.49 and a 200 day moving average of $74.42.

American International Group (NYSE:AIG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The insurance provider reported $1.30 earnings per share for the quarter, missing analysts' consensus estimates of $1.33 by ($0.03). American International Group had a negative net margin of 4.25% and a positive return on equity of 8.01%. On average, research analysts predict that American International Group, Inc. will post 6.33 earnings per share for the current year.

American International Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.40 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.60 annualized dividend and a yield of 2.12%. American International Group's dividend payout ratio is presently -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.