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

AIG has been the subject of a number of analyst reports. Sandler O’Neill reaffirmed a “buy” rating on shares of American International Group in a research note on Friday, April 1st. Deutsche Bank AG reaffirmed a “hold” rating and set a $56.00 price objective on shares of American International Group in a research note on Sunday, April 17th. Vetr raised shares of American International Group from a “buy” rating to a “strong-buy” rating and set a $63.34 price objective for the company in a research note on Thursday, June 9th. Wells Fargo & Co. raised shares of American International Group from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $50.20 to $63.67 in a research note on Tuesday, May 17th. Finally, FBR & Co reduced their price objective on shares of American International Group from $56.00 to $53.00 and set a “mkt perform” rating for the company in a research note on Tuesday, May 10th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eighteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $64.03.

The stock’s 50-day moving average price is $53.41 and its 200 day moving average price is $54.31. The company’s market capitalization is $60.92 billion.

American International Group (NYSE:AIG) last posted its earnings results on Monday, May 2nd. The insurance provider reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by $0.35. During the same period last year, the business earned $1.22 earnings per share. Equities analysts anticipate that American International Group Inc. will post $3.94 EPS for the current year.

Other hedge funds and institutional investors have bought and sold shares of the company. Balasa Dinverno & Foltz LLC raised its position in American International Group by 52.6% in the fourth quarter. Balasa Dinverno & Foltz LLC now owns 17,602 shares of the insurance provider’s stock worth $1,091,000 after buying an additional 6,068 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in American International Group during the fourth quarter worth $1,502,000. Pitcairn Co. raised its position in American International Group by 5.4% in the fourth quarter. Pitcairn Co. now owns 27,479 shares of the insurance provider’s stock worth $1,703,000 after buying an additional 1,402 shares during the last quarter. Atlantic Trust Group LLC raised its position in American International Group by 95.7% in the fourth quarter. Atlantic Trust Group LLC now owns 30,258 shares of the insurance provider’s stock worth $1,875,000 after buying an additional 14,800 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in American International Group by 87.7% in the fourth quarter. Victory Capital Management Inc. now owns 33,597 shares of the insurance provider’s stock worth $2,082,000 after buying an additional 15,698 shares during 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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