Traders sold shares of American International Group Inc (NYSE:AIG) on strength during trading hours on Tuesday. $17.03 million flowed into the stock on the tick-up and $57.49 million flowed out of the stock on the tick-down, for a money net flow of $40.46 million out of the stock. Of all companies tracked, American International Group had the 19th highest net out-flow for the day. American International Group traded up $0.20 for the day and closed at $53.37

AIG has been the topic of several recent research reports. Goldman Sachs Group raised American International Group from a “neutral” rating to a “buy” rating and set a $61.00 price objective on the stock in a research note on Thursday, May 10th. Wells Fargo & Co reaffirmed a “buy” rating on shares of American International Group in a research note on Monday, May 14th. UBS Group raised American International Group from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $53.71 to $63.00 in a research note on Thursday, May 17th. JPMorgan Chase & Co. initiated coverage on American International Group in a research note on Friday, May 25th. They issued a “neutral” rating and a $63.00 price objective on the stock. Finally, ValuEngine raised American International Group from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $64.02.

The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $47.24 billion, a PE ratio of 22.00, a PEG ratio of 1.06 and a beta of 1.28.

American International Group (NYSE:AIG) last released its earnings results on Thursday, August 2nd. The insurance provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.16). American International Group had a positive return on equity of 2.03% and a negative net margin of 13.67%. The business had revenue of $11.47 billion for the quarter, compared to analysts’ expectations of $11.71 billion. During the same quarter in the prior year, the business posted $1.19 EPS. analysts expect that American International Group Inc will post 4.56 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Monday, September 17th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, September 14th. American International Group’s dividend payout ratio is currently 53.33%.

Several large investors have recently added to or reduced their stakes in AIG. FDx Advisors Inc. grew its position in shares of American International Group by 7.7% during the first quarter. FDx Advisors Inc. now owns 27,279 shares of the insurance provider’s stock worth $1,485,000 after purchasing an additional 1,942 shares in the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH purchased a new stake in shares of American International Group during the first quarter worth about $657,000. Westpac Banking Corp grew its position in shares of American International Group by 10.8% during the first quarter. Westpac Banking Corp now owns 84,580 shares of the insurance provider’s stock worth $4,603,000 after purchasing an additional 8,259 shares in the last quarter. Mackay Shields LLC purchased a new stake in shares of American International Group during the first quarter worth about $9,742,000. Finally, Stephens Inc. AR grew its position in shares of American International Group by 104.7% during the first quarter. Stephens Inc. AR now owns 16,640 shares of the insurance provider’s stock worth $906,000 after purchasing an additional 8,512 shares in the last quarter. Hedge funds and other institutional investors own 89.29% of the company’s stock.

American International Group Company Profile (NYSE:AIG)

American International Group, Inc provides insurance products for commercial, institutional, and individual customers primarily in the United States, Europe, and Japan. The company's General Insurance segment offers general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, surety, and marine insurance.

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