Nisa Investment Advisors LLC Has $17.54 Million Holdings in American International Group, Inc. (NYSE:AIG)

Nisa Investment Advisors LLC raised its position in American International Group, Inc. (NYSE:AIG - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 240,885 shares of the insurance provider's stock after buying an additional 8,558 shares during the period. Nisa Investment Advisors LLC's holdings in American International Group were worth $17,536,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Atlanta Consulting Group Advisors LLC acquired a new stake in American International Group during the 3rd quarter valued at approximately $494,000. Artemis Investment Management LLP boosted its stake in shares of American International Group by 115.9% during the 4th quarter. Artemis Investment Management LLP now owns 274,246 shares of the insurance provider's stock valued at $19,965,000 after buying an additional 147,235 shares during the last quarter. M&T Bank Corp grew its position in shares of American International Group by 329.0% during the third quarter. M&T Bank Corp now owns 98,964 shares of the insurance provider's stock worth $7,247,000 after buying an additional 75,894 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of American International Group by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 40,920 shares of the insurance provider's stock worth $2,997,000 after buying an additional 274 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in American International Group by 9.3% in the fourth quarter. GAMMA Investing LLC now owns 11,118 shares of the insurance provider's stock valued at $809,000 after acquiring an additional 950 shares in the last quarter. 90.60% of the stock is currently owned by institutional investors and hedge funds.

American International Group Price Performance

Shares of AIG stock traded down $0.12 during midday trading on Thursday, reaching $74.63. 3,193,133 shares of the company were exchanged, compared to its average volume of 4,172,024. The company's 50 day moving average price is $73.86 and its two-hundred day moving average price is $74.68. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $46.55 billion, a P/E ratio of -22.01, a PEG ratio of 5.92 and a beta of 1.06. American International Group, Inc. has a 12 month low of $67.53 and a 12 month high of $80.83.

American International Group (NYSE:AIG - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.13. The firm had revenue of $6.75 billion during the quarter, compared to analyst estimates 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 period last year, the company posted $1.61 EPS. On average, sell-side analysts expect that American International Group, Inc. will post 4.91 earnings per share for the current year.

American International Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Monday, December 16th. American International Group's payout ratio is -47.20%.

Analysts Set New Price Targets

Several brokerages have recently commented on AIG. Evercore ISI reduced their price target on shares of American International Group from $79.00 to $78.00 and set an "in-line" rating on the stock in a research report on Wednesday, October 9th. Wells Fargo & Company lifted 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. BMO Capital Markets cut shares of American International Group from an "outperform" rating to a "market perform" rating and dropped their target price for the stock from $90.00 to $84.00 in a report on Tuesday, October 15th. Keefe, Bruyette & Woods decreased their price target on shares of American International Group from $88.00 to $87.00 and set an "outperform" rating for the company in a report on Tuesday, November 12th. Finally, UBS Group raised their target price on shares of American International Group from $84.00 to $88.00 and gave the stock a "buy" rating in a report on Tuesday, October 15th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $84.13.

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.