American International Group, Inc. (NYSE:AIG) Stock Holdings Lowered by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its stake in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,726 shares of the insurance provider's stock after selling 4,573 shares during the period. Mutual of America Capital Management LLC's holdings in American International Group were worth $5,440,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AIG. Asset Planning Inc purchased a new position in shares of American International Group in the 4th quarter valued at $26,000. True Wealth Design LLC purchased a new position in shares of American International Group in the 3rd quarter valued at $29,000. BankPlus Trust Department purchased a new position in shares of American International Group in the 4th quarter valued at $36,000. Whipplewood Advisors LLC purchased a new position in shares of American International Group in the 4th quarter valued at $40,000. Finally, Fortitude Family Office LLC raised its stake in shares of American International Group by 58.3% in the 4th quarter. Fortitude Family Office LLC now owns 570 shares of the insurance provider's stock valued at $41,000 after acquiring an additional 210 shares during the period. Hedge funds and other institutional investors own 90.60% of the company's stock.

American International Group Price Performance

Shares of AIG stock traded down $2.79 during midday trading on Tuesday, reaching $79.80. 8,103,771 shares of the company were exchanged, compared to its average volume of 4,455,526. American International Group, Inc. has a 12 month low of $69.00 and a 12 month high of $83.77. The company has a market cap of $47.35 billion, a P/E ratio of -38.37, a PEG ratio of 1.01 and a beta of 1.05. The company's 50 day moving average price is $74.71 and its two-hundred day moving average price is $74.87. 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 released its quarterly earnings results 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%. On average, sell-side analysts expect that American International Group, Inc. will post 6.24 earnings per share for the current year.

American International Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, March 17th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.01%. American International Group's dividend payout ratio (DPR) is -76.92%.

Insiders Place Their Bets

In other American International Group news, Director John G. Rice bought 10,000 shares of the company's stock in a transaction that occurred on 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 acquisition, the director now directly owns 10,000 shares of the company's stock, valued at $770,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 0.61% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AIG. Keefe, Bruyette & Woods raised their price target on shares of American International Group from $87.00 to $90.00 and gave the company an "outperform" rating in a report on Friday, February 14th. UBS Group lowered their price target on shares of American International Group from $88.00 to $86.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Wells Fargo & Company raised their price objective on shares of American International Group from $76.00 to $77.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 14th. Royal Bank of Canada reissued an "outperform" rating and set a $87.00 price objective on shares of American International Group in a report on Wednesday, November 6th. Finally, StockNews.com raised shares of American International Group from a "sell" rating to a "hold" rating in a report on Friday, November 8th. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $83.94.

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.