Natixis Advisors LLC Acquires 13,546 Shares of American International Group, Inc. (NYSE:AIG)

Natixis Advisors LLC raised its holdings in American International Group, Inc. (NYSE:AIG) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 856,101 shares of the insurance provider’s stock after acquiring an additional 13,546 shares during the period. Natixis Advisors LLC owned about 0.14% of American International Group worth $62,325,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Duncker Streett & Co. Inc. acquired a new position in shares of American International Group during the fourth quarter worth $25,000. Asset Planning Inc acquired a new position in American International Group in the 4th quarter worth about $26,000. True Wealth Design LLC bought a new position in American International Group in the third quarter valued at about $29,000. BankPlus Trust Department acquired a new stake in shares of American International Group during the fourth quarter valued at about $36,000. Finally, Continuum Advisory LLC grew its holdings in shares of American International Group by 60.7% during the third quarter. Continuum Advisory LLC now owns 548 shares of the insurance provider’s stock worth $42,000 after purchasing an additional 207 shares during the last quarter. Institutional investors and hedge funds own 90.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on AIG shares. Wells Fargo & Company increased their price objective on American International Group from $76.00 to $77.00 and gave the company an “equal weight” rating in a report on Tuesday, January 14th. The Goldman Sachs Group restated a “neutral” rating and set a $79.00 price objective (down from $83.00) on shares of American International Group in a research report on Wednesday, January 8th. UBS Group reduced their target price on American International Group from $88.00 to $86.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. JPMorgan Chase & Co. lowered their price target on shares of American International Group from $89.00 to $83.00 and set an “overweight” rating for the company in a report on Friday, January 3rd. Finally, Morgan Stanley upped their price objective on shares of American International Group from $75.00 to $76.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $84.31.

American International Group Price Performance

AIG stock opened at $83.37 on Friday. The firm has a 50-day moving average of $76.25 and a 200 day moving average of $75.31. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market cap of $49.47 billion, a P/E ratio of -40.08, a PEG ratio of 1.01 and a beta of 0.98. American International Group, Inc. has a 1 year low of $69.00 and a 1 year high of $83.77.

American International Group (NYSE:AIG) last released its earnings results on Tuesday, February 11th. The insurance provider reported $1.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.03). American International Group had a positive return on equity of 8.01% and a negative net margin of 4.25%. On average, sell-side analysts forecast that American International Group, Inc. will post 6.24 EPS for the current year.

American International Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Monday, March 17th. American International Group’s dividend payout ratio (DPR) is currently -76.92%.

Insider Buying and Selling

In other news, Director John G. Rice acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average price of $77.00 per share, with a total value of $770,000.00. Following the completion of the acquisition, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $770,000. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.61% of the stock is owned by company insiders.

American International Group Profile

American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.