Diversified Trust Co Sells 32,506 Shares of American International Group, Inc. (NYSE:AIG)

Diversified Trust Co decreased its holdings in American International Group, Inc. (NYSE:AIG - Free Report) by 90.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,259 shares of the insurance provider's stock after selling 32,506 shares during the quarter. Diversified Trust Co's holdings in American International Group were worth $237,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Acadian Asset Management LLC grew its stake in American International Group by 484.8% during the second quarter. Acadian Asset Management LLC now owns 22,772 shares of the insurance provider's stock worth $1,690,000 after buying an additional 18,878 shares during the period. American Century Companies Inc. increased its holdings in American International Group by 13.2% in the 2nd quarter. American Century Companies Inc. now owns 620,190 shares of the insurance provider's stock valued at $46,043,000 after purchasing an additional 72,474 shares in the last quarter. Y.D. More Investments Ltd acquired a new stake in American International Group in the 2nd quarter valued at $27,000. Cornercap Investment Counsel Inc. purchased a new position in American International Group in the second quarter valued at about $927,000. Finally, Meeder Advisory Services Inc. lifted its stake in shares of American International Group by 32.2% during the second quarter. Meeder Advisory Services Inc. now owns 19,479 shares of the insurance provider's stock worth $1,446,000 after purchasing an additional 4,746 shares in the last quarter. Hedge funds and other institutional investors own 90.60% of the company's stock.

American International Group Stock Down 1.3 %

NYSE:AIG traded down $0.91 on Friday, hitting $70.52. 7,175,233 shares of the company's stock traded hands, compared to its average volume of 4,406,102. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.22. The company has a market cap of $43.99 billion, a PE ratio of -20.80, a price-to-earnings-growth ratio of 7.30 and a beta of 1.06. The firm has a 50-day moving average price of $74.18 and a 200-day moving average price of $74.72. American International Group, Inc. has a 1 year low of $66.06 and a 1 year high of $80.83.

American International Group (NYSE:AIG - Get Free Report) last released 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 company had revenue of $6.75 billion during the quarter, compared to the consensus estimate of $6.62 billion. American International Group had a positive return on equity of 8.63% and a negative net margin of 6.19%. During the same quarter in the prior year, the company posted $1.61 EPS. Equities analysts anticipate that American International Group, Inc. will post 5.12 EPS for the current fiscal year.

American International Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.60 dividend on an annualized basis and a yield of 2.27%. American International Group's payout ratio is currently -47.20%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. BMO Capital Markets lowered shares of American International Group from an "outperform" rating to a "market perform" rating and cut their target price for the company from $90.00 to $84.00 in a research note on Tuesday, October 15th. Jefferies Financial Group increased their target price on American International Group from $82.00 to $88.00 and gave the stock a "buy" rating in a report on Wednesday, October 9th. UBS Group lifted their target price on American International Group from $84.00 to $88.00 and gave the stock a "buy" rating in a research report on Tuesday, October 15th. StockNews.com raised American International Group from a "sell" rating to a "hold" rating in a research report on Friday, November 8th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $79.00 price objective (down previously from $83.00) on shares of American International Group in a report on Wednesday. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $84.06.

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.