American International Group, Inc. (NYSE:AIG) Holdings Raised by Diametric Capital LP

Diametric Capital LP lifted its stake in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 127.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,055 shares of the insurance provider's stock after purchasing an additional 5,067 shares during the period. Diametric Capital LP's holdings in American International Group were worth $659,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of AIG. Duncker Streett & Co. Inc. bought a new position in American International Group during the 4th quarter worth approximately $25,000. Asset Planning Inc acquired a new stake in shares of American International Group during the 4th quarter valued at approximately $26,000. True Wealth Design LLC bought a new position in American International Group during the third quarter worth $29,000. BankPlus Trust Department acquired a new position in American International Group in the fourth quarter worth $36,000. Finally, Whipplewood Advisors LLC bought a new stake in 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 other news, Director John G. Rice acquired 10,000 shares of the stock in a transaction on Thursday, February 13th. The shares were purchased at an average cost 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.61% of the stock is owned by insiders.

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Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Barclays raised their price target on shares of American International Group from $90.00 to $98.00 and gave the stock an "overweight" rating in a research report on Wednesday. Wells Fargo & Company lifted their target price on American International Group from $76.00 to $77.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods raised their price target on American International Group from $90.00 to $98.00 and gave the stock an "outperform" rating in a report on Tuesday. UBS Group lowered their price objective on American International Group from $88.00 to $86.00 and set a "buy" rating for the company in a research note on Tuesday, February 18th. Finally, Evercore ISI increased their target price on American International Group from $81.00 to $89.00 and gave the stock an "in-line" rating in a research report on Tuesday. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $87.12.

American International Group Price Performance

NYSE:AIG traded down $7.37 during mid-day trading on Friday, reaching $78.83. 6,218,499 shares of the stock were exchanged, compared to its average volume of 5,023,224. 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 business has a fifty day moving average price of $79.49 and a 200 day moving average price of $76.30. American International Group, Inc. has a 1-year low of $69.00 and a 1-year high of $88.07. The firm has a market capitalization of $46.77 billion, a PE ratio of -37.90, a PEG ratio of 1.01 and a beta of 0.63.

American International Group (NYSE:AIG - Get Free Report) last released its earnings results 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%. Research analysts expect 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 announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date was Monday, March 17th. American International Group's payout ratio is -76.92%.

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.