Signature Estate Investment Advisors buys $11,531,587 stake in American International Group Inc (AIG)

American International Group Inc (AIG) : Signature Estate Investment Advisors scooped up 19,386 additional shares in American International Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 15, 2016. The investment management firm now holds a total of 209,856 shares of American International Group Inc which is valued at $11,531,587.American International Group Inc makes up approximately 1.89% of Signature Estate Investment Advisors’s portfolio.

American International Group Inc closed down -0.6 points or -1.07% at $55.52 with 52,83,450 shares getting traded on Wednesday. Post opening the session at $55.9, the shares hit an intraday low of $55.5 and an intraday high of $56.24 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Patten Patten Inctn boosted its stake in AIG in the latest quarter, The investment management firm added 17,375 additional shares and now holds a total of 199,033 shares of American International Group Inc which is valued at $10,936,863. American International Group Inc makes up approx 1.55% of Patten Patten Inctn’s portfolio.Daniel Devine Co boosted its stake in AIG in the latest quarter, The investment management firm added 10,000 additional shares and now holds a total of 40,000 shares of American International Group Inc which is valued at $2,198,000. American International Group Inc makes up approx 1.41% of Daniel Devine Co’s portfolio. Breton Hill Capital Ltd. added AIG to its portfolio by purchasing 27,617 company shares during the most recent quarter which is valued at $1,517,554. American International Group Inc makes up approx 0.56% of Breton Hill Capital Ltd.’s portfolio.

On the company’s financial health, American International Group Inc reported $-1.10 EPS for the quarter, missing the analyst consensus estimate by $ -0.17 based on the information available during the earnings call on Feb 11, 2016. Analyst had a consensus of $-0.93. The company had revenue of $4991.00 million for the quarter, compared to analysts expectations of $14151.50 million. During the same quarter in the previous year, the company posted $0.97 EPS.

Many Wall Street Analysts have commented on American International Group Inc. American International Group Inc was Upgraded by Atlantic Equities to ” Neutral” on Mar 22, 2016. Shares were Reiterated by Deutsche Bank on Mar 11, 2016 to “Hold” and Lowered the Price Target to $ 56 from a previous price target of $57 .Shares were Reiterated by RBC Capital Mkts on Feb 16, 2016 to “Outperform” and Lowered the Price Target to $ 65 from a previous price target of $69 .

American International Group Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance life insurance retirement products mortgage insurance and other financial services. Its various offerings include products and services that help businesses and individuals protect their assets manage risks and provide for retirement security. The Company’s AIG Global Benefits Network provides administrative and marketing services to insurance companies offering benefit solutions to multinational employers. AIG Global Benefits Network can develop global benefit plan solutions for multinational clients by tapping the coverage options offered by carriers throughout the network. AIG operates through two segments: Commercial Insurance and Consumer Insurance. Commercial Insurance is a provider of insurance products and services for commercial and institutional customers.

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