Investors sold shares of American International Group Inc. (NYSE:AIG) on strength during trading on Thursday. $21.88 million flowed into the stock on the tick-up and $38.07 million flowed out of the stock on the tick-down, for a money net flow of $16.19 million out of the stock. Of all stocks tracked, American International Group had the 0th highest net out-flow for the day. American International Group traded up $0.17 for the day and closed at $54.79

Several equities research analysts have weighed in on AIG shares. Evercore ISI started coverage on shares of American International Group in a research report on Wednesday, July 6th. They issued a “buy” rating and a $62.00 price objective for the company. Deutsche Bank AG restated a “hold” rating and issued a $56.00 price objective on shares of American International Group in a research report on Sunday, April 17th. Vetr cut shares of American International Group from a “buy” rating to a “hold” rating and set a $55.52 price objective for the company. in a research report on Monday, July 18th. Wells Fargo & Co. upgraded shares of American International Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 26th. Finally, Bank of America Corp. restated a “buy” rating on shares of American International Group in a research report on Thursday, June 30th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eighteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $64.03.

The company has a 50 day moving average price of $53.45 and a 200 day moving average price of $54.34. The firm’s market cap is $61.31 billion.

American International Group (NYSE:AIG) last issued its quarterly earnings data on Monday, May 2nd. The insurance provider reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by $0.35. During the same quarter last year, the company posted $1.22 EPS. On average, equities research analysts forecast that American International Group Inc. will post $3.94 EPS for the current year.

Other hedge funds and institutional investors have modified their holdings of the company. Egerton Capital UK LLP raised its position in shares of American International Group by 64.1% in the fourth quarter. Egerton Capital UK LLP now owns 2,650,717 shares of the insurance provider’s stock worth $164,265,000 after buying an additional 1,035,553 shares during the period. EJF Capital LLC purchased a new stake in American International Group during the fourth quarter worth $30,985,000. I.G. Investment Management LTD. increased its stake in American International Group by 10.1% in the fourth quarter. I.G. Investment Management LTD. now owns 1,968,869 shares of the insurance provider’s stock worth $122,011,000 after buying an additional 181,285 shares in the last quarter. Airain ltd increased its stake in American International Group by 1,095.9% in the fourth quarter. Airain ltd now owns 175,856 shares of the insurance provider’s stock worth $10,898,000 after buying an additional 161,151 shares in the last quarter. Finally, Aberdeen Asset Management PLC UK increased its stake in American International Group by 10.3% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 1,651,953 shares of the insurance provider’s stock worth $100,357,000 after buying an additional 153,911 shares in the last quarter.

American International Group, Inc (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and jurisdictions. The Company operates through two segments: Commercial Insurance and Consumer Insurance, as well as a Corporate and Other category.

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