B T Capital Management Dba Alpha Capital Management adds American International Group Inc (AIG) to its portfolio

American International Group Inc (AIG) : B T Capital Management Dba Alpha Capital Management added new position in American International Group Inc during the most recent quarter end. The investment management firm now holds 75,388 shares of American International Group Inc which is valued at $4,149,356 , the company said in a statement filed on May 2, 2016 with the SEC.American International Group Inc makes up approximately 2.97% of B T Capital Management Dba Alpha Capital Management’s portfolio.

American International Group Inc opened for trading at $54.44 and hit $55.085 on the upside on Friday, eventually ending the session at $55.04, with a gain of 0.42% or 0.23 points. The heightened volatility saw the trading volume jump to 68,87,673 shares. Company has a market cap of $61,592 M.

On the company’s financial health, American International Group Inc reported $0.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.35 based on the information available during the earnings call on May 2, 2016. Analyst had a consensus of $1.00.Analysts expectations of $ 13749.00.During the same quarter in the previous year, the company posted $1.22 EPS.

Many Wall Street Analysts have commented on American International Group Inc. American International Group Inc was Resumed by Morgan Stanley to “Equal-Weight” on May 5, 2016. Company shares were Reiterated by UBS on May 5, 2016 to “Neutral”, Firm has raised the Price Target to $ 57 from a previous price target of $55 .American International Group Inc was Upgraded by Atlantic Equities to ” Neutral” on Mar 22, 2016.

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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