Mn Services Vermogensbeheer B.V. Has $20.34 Million Stock Holdings in American International Group, Inc. (NYSE:AIG)

Mn Services Vermogensbeheer B.V. boosted its position in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 3.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 279,400 shares of the insurance provider's stock after purchasing an additional 8,800 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in American International Group were worth $20,340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Whipplewood Advisors LLC bought a new stake in shares of American International Group during the fourth quarter worth approximately $40,000. Sitrin Capital Management LLC grew its holdings in American International Group by 0.7% during the 4th quarter. Sitrin Capital Management LLC now owns 91,686 shares of the insurance provider's stock worth $6,675,000 after acquiring an additional 623 shares during the period. Todd Asset Management LLC raised its position in shares of American International Group by 12.7% during the 4th quarter. Todd Asset Management LLC now owns 318,934 shares of the insurance provider's stock valued at $23,218,000 after acquiring an additional 36,039 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of American International Group by 3.9% in the 4th 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 purchasing an additional 347,982 shares during the period. Finally, BankPlus Trust Department bought a new position in shares of American International Group in the 4th quarter worth $36,000. 90.60% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AIG has been the subject of a number of recent analyst reports. Morgan Stanley upped their price objective on American International Group from $75.00 to $76.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. UBS Group cut their price target on shares of American International Group from $88.00 to $86.00 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $79.00 target price (down from $83.00) on shares of American International Group in a report on Wednesday, January 8th. JPMorgan Chase & Co. decreased their price target on shares of American International Group from $89.00 to $83.00 and set an "overweight" rating for the company in a report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods upped their price objective on shares of American International Group from $87.00 to $90.00 and gave the company an "outperform" rating in a research report on Friday, February 14th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $83.94.

American International Group Stock Down 0.6 %

NYSE AIG traded down $0.46 during trading on Monday, hitting $82.48. The stock had a trading volume of 6,950,424 shares, compared to its average volume of 4,380,738. The company has a market capitalization of $48.94 billion, a PE ratio of -39.65, a P/E/G ratio of 1.01 and a beta of 1.05. American International Group, Inc. has a 12 month low of $69.00 and a 12 month high of $83.77. The company's 50-day moving average price is $74.51 and its two-hundred day moving average price is $74.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.67 and a current ratio of 0.67.

American International Group (NYSE:AIG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The insurance provider reported $1.30 EPS for the quarter, missing analysts' consensus estimates of $1.33 by ($0.03). American International Group had a positive return on equity of 8.01% and a negative net margin of 4.25%. As a group, sell-side analysts forecast that American International Group, Inc. will post 6.24 EPS for the current year.

American International Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Monday, March 17th. American International Group's payout ratio is -76.92%.

Insider Activity at American International Group

In related news, Director John G. Rice purchased 10,000 shares of the firm's stock in a transaction on Thursday, February 13th. The stock was purchased 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 directly owns 10,000 shares in the company, valued at $770,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.61% of the stock is owned by company insiders.

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.