Traders purchased shares of American International Group Inc. (NYSE:AIG) on weakness during trading hours on Thursday. $53.45 million flowed into the stock on the tick-up and $23.59 million flowed out of the stock on the tick-down, for a money net flow of $29.86 million into the stock. Of all companies tracked, American International Group had the 12th highest net in-flow for the day. American International Group traded down ($0.05) for the day and closed at $58.98

A number of equities research analysts have issued reports on AIG shares. Vetr raised American International Group from a “hold” rating to a “buy” rating and set a $58.36 price target for the company in a research report on Monday, April 25th. Sanford C. Bernstein reissued a “buy” rating on shares of American International Group in a research report on Tuesday, May 3rd. Citigroup Inc. reissued a “buy” rating on shares of American International Group in a research report on Tuesday, May 3rd. FBR & Co reissued a “hold” rating on shares of American International Group in a research report on Monday, May 2nd. Finally, Morgan Stanley assumed coverage on American International Group in a research report on Thursday, May 5th. They set an “equal weight” rating and a $63.00 price target for the company. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $64.51.

The stock’s market capitalization is $63.15 billion. The stock’s 50-day moving average price is $55.54 and its 200 day moving average price is $54.55.

American International Group (NYSE:AIG) last released its earnings results on Tuesday, August 2nd. The insurance provider reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. During the same period last year, the company earned $1.39 EPS. On average, equities research analysts predict that American International Group Inc. will post $4.01 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 29th. Investors of record on Thursday, September 15th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.17%.

A number of large investors have recently added to or reduced their stakes in AIG. Victory Capital Management Inc. increased its stake 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 period. Braver Wealth Management LLC increased its stake in American International Group by 3.3% in the fourth quarter. Braver Wealth Management LLC now owns 48,286 shares of the insurance provider’s stock worth $2,992,000 after buying an additional 1,551 shares during the period. 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 during the period. 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 during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in American International Group by 3.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 3,513,896 shares of the insurance provider’s stock worth $217,757,000 after buying an additional 102,055 shares during the period.

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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