Tyler Stone Wealth Management Buys 1,380 Shares of American International Group, Inc. (NYSE:AIG)

Tyler Stone Wealth Management increased its stake in shares of American International Group, Inc. (NYSE:AIG) by 10.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 15,100 shares of the insurance provider’s stock after buying an additional 1,380 shares during the period. Tyler Stone Wealth Management’s holdings in American International Group were worth $1,099,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Artemis Investment Management LLP increased its holdings in shares of American International Group by 115.9% during the fourth quarter. Artemis Investment Management LLP now owns 274,246 shares of the insurance provider’s stock worth $19,965,000 after purchasing an additional 147,235 shares during the period. Beacon Investment Advisory Services Inc. increased its stake in American International Group by 5.2% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 70,816 shares of the insurance provider’s stock worth $5,155,000 after acquiring an additional 3,490 shares during the period. Jones Financial Companies Lllp lifted its position in shares of American International Group by 54.3% during the 4th quarter. Jones Financial Companies Lllp now owns 12,690 shares of the insurance provider’s stock valued at $924,000 after acquiring an additional 4,468 shares during the period. Merit Financial Group LLC acquired a new stake in shares of American International Group during the 4th quarter worth $1,260,000. Finally, Williams & Novak LLC acquired a new stake in shares of American International Group in the 4th quarter valued at approximately $279,000. 90.60% of the stock is owned by institutional investors.

American International Group Trading Down 0.3 %

AIG opened at $83.92 on Wednesday. The firm has a market capitalization of $49.79 billion, a price-to-earnings ratio of -40.35, a PEG ratio of 1.01 and a beta of 0.98. American International Group, Inc. has a one year low of $69.00 and a one year high of $84.99. The business has a 50 day simple moving average of $77.94 and a two-hundred day simple moving average of $75.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67.

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

American International Group Announces Dividend

The business 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 1.91%. The ex-dividend date of this dividend is Monday, March 17th. American International Group’s dividend payout ratio is currently -76.92%.

Insider Buying and Selling

In other American International Group news, Director John G. Rice purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average cost of $77.00 per share, for a total transaction of $770,000.00. Following the purchase, the director now directly owns 10,000 shares in the company, valued at $770,000. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.61% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Hsbc Global Res raised shares of American International Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. decreased their price objective 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. UBS Group dropped their price target on shares of American International Group from $88.00 to $86.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $79.00 price objective (down from $83.00) on shares of American International Group in a research note on Wednesday, January 8th. Finally, HSBC raised American International Group from a “hold” rating to a “buy” rating and set a $93.00 price target for the company in a report on Wednesday, March 5th. Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, American International Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.31.

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.