Delta Lloyd Asset Management N.V. acquired a new stake in shares of American International Group, Inc. (NYSE:AIG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 201,768 shares of the insurance provider’s stock, valued at approximately $12,615,000.

A number of other large investors also recently bought and sold shares of the stock. Canada Pension Plan Investment Board boosted its stake in American International Group by 12.6% in the second quarter. Canada Pension Plan Investment Board now owns 11,631,827 shares of the insurance provider’s stock valued at $727,222,000 after buying an additional 1,300,900 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of American International Group by 7.0% in the second quarter. Bank of New York Mellon Corp now owns 8,904,042 shares of the insurance provider’s stock valued at $556,681,000 after buying an additional 584,450 shares during the period. TIAA CREF Investment Management LLC boosted its stake in shares of American International Group by 1.5% in the first quarter. TIAA CREF Investment Management LLC now owns 7,753,856 shares of the insurance provider’s stock valued at $484,073,000 after buying an additional 116,955 shares during the period. Boston Partners boosted its stake in shares of American International Group by 262.4% in the second quarter. Boston Partners now owns 6,861,857 shares of the insurance provider’s stock valued at $429,003,000 after buying an additional 4,968,504 shares during the period. Finally, Pzena Investment Management LLC boosted its stake in shares of American International Group by 1.1% in the second quarter. Pzena Investment Management LLC now owns 6,460,619 shares of the insurance provider’s stock valued at $403,918,000 after buying an additional 71,469 shares during the period. 84.02% of the stock is currently owned by institutional investors and hedge funds.

American International Group, Inc. (NYSE:AIG) opened at 60.48 on Friday. The firm’s market cap is $54.64 billion. American International Group, Inc. has a 12 month low of $57.35 and a 12 month high of $67.47. The firm’s 50 day moving average is $63.31 and its 200-day moving average is $62.71.

American International Group (NYSE:AIG) last posted its quarterly earnings results on Wednesday, August 2nd. The insurance provider reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.33. American International Group had a negative net margin of 0.53% and a positive return on equity of 6.06%. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $12.61 billion. During the same quarter in the previous year, the firm posted $0.98 earnings per share. On average, equities analysts forecast that American International Group, Inc. will post $5.34 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Thursday, September 14th. American International Group’s dividend payout ratio (DPR) is currently -711.07%.

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Several brokerages have commented on AIG. Keefe, Bruyette & Woods reissued a “buy” rating and set a $75.00 price target on shares of American International Group in a research report on Thursday, August 3rd. BidaskClub raised shares of American International Group from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Zacks Investment Research raised shares of American International Group from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Atlantic Securities cut shares of American International Group from an “overweight” rating to a “neutral” rating and set a $70.00 price target on the stock. in a research report on Wednesday, August 9th. Finally, Deutsche Bank AG reissued a “sell” rating and set a $60.00 price target (up from $57.00) on shares of American International Group in a research report on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. American International Group has a consensus rating of “Buy” and an average price target of $69.02.

About American International Group

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.

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

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