American International Group, Inc. (AIG) Position Trimmed by Paulson & CO. Inc.

Paulson & CO. Inc. cut its holdings in shares of American International Group, Inc. (NYSE:AIG) by 9.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,140,763 shares of the insurance provider’s stock after selling 407,830 shares during the quarter. American International Group comprises approximately 3.5% of Paulson & CO. Inc.’s portfolio, making the stock its 9th biggest holding. Paulson & CO. Inc. owned approximately 0.46% of American International Group worth $258,881,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AIG. Lyell Wealth Management LP increased its stake in American International Group by 0.5% during the second quarter. Lyell Wealth Management LP now owns 3,606 shares of the insurance provider’s stock worth $225,000 after acquiring an additional 18 shares during the last quarter. First Personal Financial Services increased its stake in American International Group by 0.6% during the second quarter. First Personal Financial Services now owns 6,256 shares of the insurance provider’s stock worth $391,000 after acquiring an additional 38 shares during the last quarter. Usca Ria LLC increased its stake in American International Group by 0.4% during the second quarter. Usca Ria LLC now owns 11,505 shares of the insurance provider’s stock worth $719,000 after acquiring an additional 50 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in American International Group by 1.7% during the second quarter. Tower Research Capital LLC TRC now owns 4,004 shares of the insurance provider’s stock worth $250,000 after acquiring an additional 68 shares during the last quarter. Finally, Roundview Capital LLC increased its stake in American International Group by 0.7% during the second quarter. Roundview Capital LLC now owns 10,353 shares of the insurance provider’s stock worth $647,000 after acquiring an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 83.96% of the company’s stock.

Shares of American International Group, Inc. (NYSE AIG) traded down 0.34% during mid-day trading on Tuesday, hitting $63.76. The company had a trading volume of 1,722,467 shares. The firm’s 50 day moving average is $60.80 and its 200-day moving average is $62.23. The firm’s market cap is $57.60 billion. American International Group, Inc. has a 12-month low of $57.35 and a 12-month high of $67.47.

American International Group (NYSE:AIG) last released its quarterly earnings data on Wednesday, August 2nd. The insurance provider reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.33. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $12.61 billion. American International Group had a positive return on equity of 6.06% and a negative net margin of 0.53%. During the same period in the previous year, the business earned $0.98 earnings per share. On average, equities analysts expect that American International Group, Inc. will post $3.48 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Thursday, September 14th. American International Group’s payout ratio is -711.07%.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/17/american-international-group-inc-aig-position-trimmed-by-paulson-co-inc.html.

Several equities research analysts have commented on the company. ValuEngine lowered American International Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Wells Fargo & Company restated a “buy” rating and set a $75.00 price target on shares of American International Group in a research note on Sunday, October 1st. Morgan Stanley restated a “buy” rating on shares of American International Group in a research note on Tuesday, October 10th. Barclays PLC dropped their price target on American International Group from $74.00 to $71.00 and set an “overweight” rating for the company in a research note on Monday. Finally, UBS AG dropped their price target on American International Group from $64.00 to $63.00 a

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AIG. Lyell Wealth Management LP increased its stake in American International Group by 0.5% during the second quarter. Lyell Wealth Management LP now owns 3,606 shares of the insurance provider’s stock worth $225,000 after acquiring an additional 18 shares during the last quarter. First Personal Financial Services increased its stake in American International Group by 0.6% during the second quarter. First Personal Financial Services now owns 6,256 shares of the insurance provider’s stock worth $391,000 after acquiring an additional 38 shares during the last quarter. Usca Ria LLC increased its stake in American International Group by 0.4% during the second quarter. Usca Ria LLC now owns 11,505 shares of the insurance provider’s stock worth $719,000 after acquiring an additional 50 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in American International Group by 1.7% during the second quarter. Tower Research Capital LLC TRC now owns 4,004 shares of the insurance provider’s stock worth $250,000 after acquiring an additional 68 shares during the last quarter. Finally, Roundview Capital LLC increased its stake in American International Group by 0.7% during the second quarter. Roundview Capital LLC now owns 10,353 shares of the insurance provider’s stock worth $647,000 after acquiring an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 83.96% of the company’s stock.

Shares of American International Group, Inc. (NYSE AIG) traded down 0.34% during mid-day trading on Tuesday, hitting $63.76. The company had a trading volume of 1,722,467 shares. The firm’s 50 day moving average is $60.80 and its 200-day moving average is $62.23. The firm’s market cap is $57.60 billion. American International Group, Inc. has a 12-month low of $57.35 and a 12-month high of $67.47.

American International Group (NYSE:AIG) last released its quarterly earnings data on Wednesday, August 2nd. The insurance provider reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.33. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $12.61 billion. American International Group had a positive return on equity of 6.06% and a negative net margin of 0.53%. During the same period in the previous year, the business earned $0.98 earnings per share. On average, equities analysts expect that American International Group, Inc. will post $3.48 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Thursday, September 14th. American International Group’s payout ratio is -711.07%.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/17/american-international-group-inc-aig-position-trimmed-by-paulson-co-inc.html.

Several equities research analysts have commented on the company. ValuEngine lowered American International Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Wells Fargo & Company restated a “buy” rating and set a $75.00 price target on shares of American International Group in a research note on Sunday, October 1st. Morgan Stanley restated a “buy” rating on shares of American International Group in a research note on Tuesday, October 10th. Barclays PLC dropped their price target on American International Group from $74.00 to $71.00 and set an “overweight” rating for the company in a research note on Monday. Finally, UBS AG dropped their price target on American International Group from $64.00 to $63.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $68.18.

American International Group Profile

American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.

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Institutional Ownership by Quarter for American International Group (NYSE:AIG)

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