EagleClaw Capital Managment LLC boosted its position in American International Group, Inc. (NYSE:AIG) by 8.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,900 shares of the insurance provider’s stock after acquiring an additional 2,050 shares during the period. EagleClaw Capital Managment LLC’s holdings in American International Group were worth $1,689,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AIG. Israel Discount Bank of New York bought a new position in shares of American International Group in the first quarter valued at approximately $145,000. Peddock Capital Advisors LLC lifted its holdings in shares of American International Group by 100.0% in the second quarter. Peddock Capital Advisors LLC now owns 2,542 shares of the insurance provider’s stock valued at $159,000 after purchasing an additional 1,271 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of American International Group by 0.5% in the first quarter. Chicago Partners Investment Group LLC now owns 2,642 shares of the insurance provider’s stock valued at $165,000 after purchasing an additional 14 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of American International Group by 30.3% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 3,076 shares of the insurance provider’s stock valued at $192,000 after purchasing an additional 716 shares in the last quarter. Finally, Signaturefd LLC bought a new position in shares of American International Group in the first quarter valued at approximately $202,000. Institutional investors and hedge funds own 83.98% of the company’s stock.

American International Group, Inc. (AIG) traded down 0.28% during mid-day trading on Wednesday, reaching $61.61. The company’s stock had a trading volume of 1,877,713 shares. The company has a 50-day moving average price of $60.65 and a 200-day moving average price of $62.21. American International Group, Inc. has a 12-month low of $57.35 and a 12-month high of $67.47. The firm has a market cap of $55.66 billion, a PE ratio of 513.42 and a beta of 1.16.

American International Group (NYSE:AIG) last released its quarterly earnings results on Wednesday, August 2nd. The insurance provider reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.33. The firm had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $12.61 billion. American International Group had a positive return on equity of 6.06% and a negative net margin of 0.53%. During the same period in the prior year, the firm earned $0.98 EPS. On average, equities research analysts expect that American International Group, Inc. will post $4.42 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were issued a dividend of $0.32 per share. The ex-dividend date was Thursday, September 14th. This represents a $1.28 annualized dividend and a dividend yield of 2.07%. American International Group’s payout ratio is -711.07%.

TRADEMARK VIOLATION NOTICE: This story was originally posted by Daily Political and is the property of of Daily Political. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.dailypolitical.com/2017/10/11/eagleclaw-capital-managment-llc-purchases-2050-shares-of-american-international-group-inc-aig.html.

A number of research firms have recently weighed in on AIG. Keefe, Bruyette & Woods restated a “buy” rating and issued a $75.00 target price on shares of American International Group in a report on Thursday, August 3rd. BidaskClub upgraded American International Group from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Zacks Investment Research upgraded American International Group from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Atlantic Securities lowered American International Group from an “overweight” rating to a “neutral” rating and set a $70.00 target price on the stock. in a report on Wednesday, August 9th. Finally, Deutsche Bank AG restated a “sell” rating and issued a $60.00 target price (up previously from $57.00) on shares of American International Group in a report on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. American International Group presently has a consensus rating of “Hold” and a consensus target price of $68.35.

American International Group Company Profile

American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.

Want to see what other hedge funds are holding AIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American International Group, Inc. (NYSE:AIG).

Institutional Ownership by Quarter for American International Group (NYSE:AIG)

Receive News & Ratings for American International Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American International Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.