Cwm LLC Has $3.07 Million Holdings in American International Group, Inc. $AIG

Cwm LLC cut its stake in shares of American International Group, Inc. (NYSE:AIG) by 22.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,920 shares of the insurance provider’s stock after selling 10,623 shares during the quarter. Cwm LLC’s holdings in American International Group were worth $3,073,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new position in shares of American International Group during the fourth quarter worth $1,091,000. Sivia Capital Partners LLC boosted its holdings in shares of American International Group by 30.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,050 shares of the insurance provider’s stock valued at $432,000 after acquiring an additional 1,185 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in American International Group during the 2nd quarter worth $217,000. Ieq Capital LLC increased its holdings in American International Group by 11.5% in the 2nd quarter. Ieq Capital LLC now owns 244,871 shares of the insurance provider’s stock worth $20,958,000 after purchasing an additional 25,311 shares in the last quarter. Finally, HUB Investment Partners LLC acquired a new position in American International Group in the 2nd quarter worth about $269,000. Institutional investors own 90.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on AIG. The Goldman Sachs Group cut their price target on American International Group from $90.00 to $87.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. UBS Group lowered their price objective on American International Group from $94.00 to $92.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Mizuho cut their target price on shares of American International Group from $86.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Morgan Stanley reduced their target price on shares of American International Group from $83.00 to $82.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Finally, Wells Fargo & Company decreased their price target on shares of American International Group from $87.00 to $86.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $86.76.

American International Group Stock Up 0.4%

American International Group stock opened at $76.34 on Friday. The firm has a market cap of $40.98 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 0.58 and a beta of 0.59. American International Group, Inc. has a 52-week low of $71.25 and a 52-week high of $87.46. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.61 and a current ratio of 0.61. The firm has a 50 day moving average price of $77.32 and a two-hundred day moving average price of $78.16.

American International Group (NYSE:AIG) last posted its quarterly earnings data on Thursday, February 12th. The insurance provider reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.06. American International Group had a net margin of 11.56% and a return on equity of 9.79%. The company had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.99 billion. During the same period in the prior year, the firm posted $1.30 EPS. Equities analysts predict that American International Group, Inc. will post 7.79 EPS for the current year.

American International Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 16th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.80 dividend on an annualized basis and a yield of 2.4%. American International Group’s dividend payout ratio is 33.21%.

American International Group Profile

American International Group, Inc (AIG) is a global insurance holding company that provides a broad range of property-casualty insurance, specialty insurance, and risk management solutions to institutional, commercial and individual customers. Through its operating subsidiaries, AIG underwrites commercial and personal lines products—ranging from general liability, property, and casualty coverages to specialty lines such as professional liability, surety, cyber and marine—along with related services designed to help clients manage and transfer risk.

The company also has a long history in life insurance, retirement solutions and asset management through businesses that have been restructured or separated over time.