American International Group, Inc. (NYSE:AIG) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lowered its position in American International Group, Inc. (NYSE:AIG - Free Report) by 7.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 279,443 shares of the insurance provider's stock after selling 24,092 shares during the quarter. Brandywine Global Investment Management LLC's holdings in American International Group were worth $20,343,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AIG. Duncker Streett & Co. Inc. purchased a new position in shares of American International Group during the fourth quarter valued at approximately $25,000. Asset Planning Inc purchased a new position in American International Group during the 4th quarter valued at $26,000. True Wealth Design LLC purchased a new stake in American International Group in the third quarter worth $29,000. BankPlus Trust Department bought a new stake in shares of American International Group during the fourth quarter worth $36,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of American International Group during the fourth quarter valued at $40,000. Institutional investors own 90.60% of the company's stock.

Insider Transactions at American International Group

In related news, Director John G. Rice acquired 10,000 shares of the stock in a transaction on Thursday, February 13th. The shares were acquired at an average price of $77.00 per share, for a total transaction of $770,000.00. Following the transaction, the director now owns 10,000 shares in the company, valued at approximately $770,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.61% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of American International Group from $90.00 to $98.00 and gave the company an "overweight" rating in a report on Wednesday. BMO Capital Markets boosted their price target on American International Group from $75.00 to $83.00 and gave the company a "market perform" rating in a report on Thursday, March 13th. Evercore ISI raised their price objective on American International Group from $81.00 to $89.00 and gave the stock an "in-line" rating in a report on Tuesday. Keefe, Bruyette & Woods increased their price target on American International Group from $90.00 to $98.00 and gave the stock an "outperform" rating in a research report on Tuesday. Finally, UBS Group decreased their price objective on American International Group from $88.00 to $86.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, American International Group presently has an average rating of "Moderate Buy" and a consensus price target of $87.12.

American International Group Stock Performance

Shares of American International Group stock traded down $5.87 on Friday, reaching $80.33. 1,230,516 shares of the stock were exchanged, compared to its average volume of 4,378,577. The business has a 50 day moving average price of $79.49 and a two-hundred day moving average price of $76.30. The firm has a market capitalization of $47.66 billion, a price-to-earnings ratio of -38.63, a PEG ratio of 1.01 and a beta of 0.63. American International Group, Inc. has a twelve month low of $69.00 and a twelve month high of $88.07. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.21.

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

American International Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.40 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.60 annualized dividend and a dividend yield of 1.99%. American International Group's dividend payout ratio (DPR) 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.