American International Group, Inc. (NYSE:AIG) Short Interest Down 22.1% in January

American International Group, Inc. (NYSE:AIG - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 8,090,000 shares, a decrease of 22.1% from the December 31st total of 10,380,000 shares. Based on an average daily trading volume, of 4,000,000 shares, the short-interest ratio is presently 2.0 days. Currently, 1.3% of the shares of the stock are short sold.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. UBS Group lifted their price objective 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. StockNews.com upgraded American International Group from a "sell" rating to a "hold" rating in a report on Friday, November 8th. JPMorgan Chase & Co. decreased their price objective on American International Group from $89.00 to $83.00 and set an "overweight" rating on the stock in a report on Friday, January 3rd. Keefe, Bruyette & Woods cut their target price on American International Group from $88.00 to $87.00 and set an "outperform" rating for the company in a research note on Tuesday, November 12th. Finally, Jefferies Financial Group lifted their target price on shares of American International Group from $82.00 to $88.00 and gave the stock a "buy" rating in a research report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, American International Group presently has a consensus rating of "Hold" and an average target price of $84.13.

American International Group Trading Down 2.5 %

Shares of American International Group stock traded down $1.87 during midday trading on Friday, reaching $73.55. 4,453,560 shares of the company's stock traded hands, compared to its average volume of 4,006,708. The stock has a 50 day moving average of $73.79 and a 200-day moving average of $74.64. American International Group has a 12 month low of $67.53 and a 12 month high of $80.83. The company has a market cap of $45.88 billion, a PE ratio of -21.70, a price-to-earnings-growth ratio of 5.94 and a beta of 1.06. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65.

American International Group (NYSE:AIG - Get Free Report) last posted its earnings results on Monday, November 4th. The insurance provider reported $1.23 EPS for the quarter, topping the consensus estimate of $1.10 by $0.13. American International Group had a negative net margin of 6.19% and a positive return on equity of 8.63%. The firm had revenue of $6.75 billion during the quarter, compared to analysts' expectations of $6.62 billion. During the same period last year, the company posted $1.61 EPS. As a group, equities analysts expect that American International Group will post 4.89 EPS for the current fiscal year.

American International Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.18%. American International Group's dividend payout ratio (DPR) is -47.20%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Christopher J. Hasenberg Inc purchased a new stake in American International Group in the third quarter worth $26,000. Asset Planning Inc purchased a new stake in shares of American International Group in the 4th quarter worth about $26,000. True Wealth Design LLC purchased a new stake in shares of American International Group in the 3rd quarter worth about $29,000. Fortitude Family Office LLC increased 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 worth $41,000 after acquiring an additional 210 shares in the last quarter. Finally, Continuum Advisory LLC lifted its position in American International Group by 60.7% during the 3rd quarter. Continuum Advisory LLC now owns 548 shares of the insurance provider's stock valued at $42,000 after acquiring an additional 207 shares during the period. Institutional investors own 90.60% of the company's stock.

About American International Group

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.