American International Group Inc (AIG) : Hosking Partners Llp scooped up 236,438 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 Aug 3, 2016. The investment management firm now holds a total of 1,867,285 shares of American International Group Inc which is valued at $108,489,259.American International Group Inc makes up approximately 4.22% of Hosking Partners Llp’s portfolio.
Other Hedge Funds, Including , Harel Insurance Investments Financial Services Ltd. added AIG to its portfolio by purchasing 3,870 company shares during the most recent quarter which is valued at $224,847. American International Group Inc makes up approx 0.03% of Harel Insurance Investments Financial Services Ltd.’s portfolio.Solaris Asset Management reduced its stake in AIG by selling 1,731 shares or 2.65% in the most recent quarter. The Hedge Fund company now holds 63,552 shares of AIG which is valued at $3,471,210. American International Group Inc makes up approx 2.47% of Solaris Asset Management’s portfolio.Rehmann Capital Advisory Group reduced its stake in AIG by selling 1,127 shares or 10.38% in the most recent quarter. The Hedge Fund company now holds 9,733 shares of AIG which is valued at $531,616. American International Group Inc makes up approx 0.10% of Rehmann Capital Advisory Group’s portfolio.
American International Group Inc opened for trading at $59.43 and hit $59.81 on the upside on Monday, eventually ending the session at $59.39, with a gain of 0.49% or 0.29 points. The heightened volatility saw the trading volume jump to 53,83,258 shares. Company has a market cap of $63,586 M.
On the company’s financial health, American International Group Inc reported $0.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.94.Analysts expectations of $ 13096.15.During the same quarter in the previous year, the company posted $1.39 EPS.
Many Wall Street Analysts have commented on American International Group Inc. Company shares were Reiterated by Deutsche Bank on Aug 3, 2016 to “Hold”, Firm has raised the Price Target to $ 59 from a previous price target of $58 .American International Group Inc was Upgraded by Wells Fargo to ” Outperform” on May 17, 2016. Shares were Reiterated by FBR Capital on May 10, 2016 to “Mkt Perform” and Lowered the Price Target to $ 53 from a previous price target of $56 .
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.