APG Asset Management N.V. Has $24.71 Million Holdings in American International Group, Inc. (NYSE:AIG)

APG Asset Management N.V. lifted its position in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 188.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 351,400 shares of the insurance provider's stock after acquiring an additional 229,733 shares during the period. APG Asset Management N.V. owned 0.06% of American International Group worth $24,705,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AIG. Wellington Management Group LLP increased its holdings in shares of American International Group by 7.2% during the fourth quarter. Wellington Management Group LLP now owns 26,805,310 shares of the insurance provider's stock valued at $1,951,427,000 after purchasing an additional 1,791,964 shares during the period. Diamond Hill Capital Management Inc. increased its position in shares of American International Group by 3.4% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 14,147,050 shares of the insurance provider's stock valued at $1,029,905,000 after purchasing an additional 461,912 shares during the period. Franklin Resources Inc. raised its stake in shares of American International Group by 14.0% in the 4th quarter. Franklin Resources Inc. now owns 10,446,819 shares of the insurance provider's stock worth $760,528,000 after buying an additional 1,284,354 shares in the last quarter. Norges Bank acquired a new stake in shares of American International Group in the fourth quarter valued at $718,013,000. Finally, Bank of New York Mellon Corp boosted its stake in American International Group by 3.9% during the fourth quarter. Bank of New York Mellon Corp now owns 9,310,790 shares of the insurance provider's stock valued at $677,825,000 after buying an additional 347,982 shares in the last quarter. Institutional investors and hedge funds own 90.60% of the company's stock.

American International Group Stock Up 1.0 %

AIG traded up $0.82 during midday trading on Tuesday, hitting $82.32. 1,752,315 shares of the company's stock traded hands, compared to its average volume of 4,457,033. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market cap of $49.02 billion, a PE ratio of -39.58, a price-to-earnings-growth ratio of 1.01 and a beta of 0.63. The stock's fifty day simple moving average is $80.57 and its 200-day simple moving average is $76.75. American International Group, Inc. has a one year low of $69.00 and a one year high of $88.07.

American International Group (NYSE:AIG - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The insurance provider reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. As a group, equities analysts anticipate that American International Group, Inc. will post 6.24 earnings per share for the current fiscal year.

American International Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend was Monday, March 17th. American International Group's dividend payout ratio is -76.92%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Morgan Stanley raised their price objective on shares of American International Group from $76.00 to $82.00 and gave the company an "equal weight" rating in a research report on Friday, April 4th. Hsbc Global Res raised American International Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. The Goldman Sachs Group increased their price objective on American International Group from $79.00 to $87.00 and gave the company a "neutral" rating in a research report on Tuesday, April 1st. JPMorgan Chase & Co. restated a "neutral" rating and issued a $91.00 target price (up from $83.00) on shares of American International Group in a report on Tuesday, April 8th. Finally, Jefferies Financial Group upped their target price on American International Group from $90.00 to $95.00 and gave the company a "buy" rating in a report on Friday. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $87.65.

Insider Transactions at American International Group

In other American International Group news, Director John G. Rice acquired 10,000 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were acquired at an average cost of $77.00 per share, for a total transaction of $770,000.00. Following the completion of the purchase, the director now owns 10,000 shares of the company's stock, valued at approximately $770,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.61% of the stock is owned by corporate insiders.

About American International Group

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.