Bremer Trust National Association lowered its stake in shares of American International Group Inc (NYSE:AIG) by 13.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,208 shares of the insurance provider’s stock after selling 1,455 shares during the period. Bremer Trust National Association’s holdings in American International Group were worth $548,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of AIG. Bank of Nova Scotia Trust Co. acquired a new stake in shares of American International Group during the 3rd quarter valued at $109,000. Chicago Partners Investment Group LLC acquired a new stake in shares of American International Group during the 3rd quarter valued at $163,000. Rational Advisors LLC boosted its stake in shares of American International Group by 100.0% during the 3rd quarter. Rational Advisors LLC now owns 3,000 shares of the insurance provider’s stock valued at $184,000 after buying an additional 1,500 shares during the period. First Capital Advisors Group LLC. acquired a new stake in shares of American International Group during the 3rd quarter valued at $200,000. Finally, Investment Centers of America Inc. acquired a new stake in shares of American International Group during the 3rd quarter valued at $200,000. 85.90% of the stock is owned by institutional investors.

A number of equities research analysts have issued reports on the stock. Wells Fargo & Co reissued a “buy” rating and set a $75.00 target price on shares of American International Group in a research note on Sunday, October 1st. ValuEngine lowered shares of American International Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $74.00 target price on shares of American International Group in a research note on Wednesday, December 6th. UBS Group decreased their target price on shares of American International Group from $65.00 to $64.00 and set a “neutral” rating for the company in a research note on Tuesday, September 19th. Finally, Zacks Investment Research lowered shares of American International Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $67.41.

American International Group Inc (NYSE AIG) opened at $60.97 on Friday. The company has a market cap of $54,810.00, a price-to-earnings ratio of -24.49, a P/E/G ratio of 1.00 and a beta of 1.18. American International Group Inc has a twelve month low of $57.85 and a twelve month high of $67.45. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.43.

American International Group (NYSE:AIG) last announced its earnings results on Thursday, November 2nd. The insurance provider reported ($1.22) EPS for the quarter, missing the consensus estimate of $1.23 by ($2.45). The firm had revenue of $12.67 billion during the quarter, compared to the consensus estimate of $12.05 billion. American International Group had a positive return on equity of 3.43% and a negative net margin of 5.07%. During the same quarter last year, the business earned $1.23 EPS. analysts expect that American International Group Inc will post 2.66 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Friday, December 8th were issued a $0.32 dividend. The ex-dividend date was Thursday, December 7th. This represents a $1.28 annualized dividend and a yield of 2.10%. American International Group’s dividend payout ratio (DPR) is presently -51.41%.

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American International Group Company 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.

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

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