One Wealth Capital Management LLC Purchases Shares of 3,954 American International Group, Inc. (NYSE:AIG)

One Wealth Capital Management LLC purchased a new stake in shares of American International Group, Inc. (NYSE:AIG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,954 shares of the insurance provider’s stock, valued at approximately $288,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Christopher J. Hasenberg Inc acquired a new position in shares of American International Group in the 3rd quarter worth approximately $26,000. Y.D. More Investments Ltd acquired a new position in American International Group in the second quarter worth $27,000. True Wealth Design LLC bought a new stake in shares of American International Group during the third quarter worth $29,000. Continuum Advisory LLC increased its stake in shares of American International Group by 60.7% in the third quarter. Continuum Advisory LLC now owns 548 shares of the insurance provider’s stock valued at $42,000 after buying an additional 207 shares in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of American International Group in the third quarter valued at about $46,000. 90.60% of the stock is currently owned by institutional investors and hedge funds.

American International Group Trading Down 0.3 %

NYSE:AIG traded down $0.23 on Tuesday, reaching $72.24. The company’s stock had a trading volume of 2,114,427 shares, compared to its average volume of 2,749,717. American International Group, Inc. has a 1-year low of $66.06 and a 1-year high of $80.83. The business’s 50-day moving average price is $74.57 and its two-hundred day moving average price is $74.82. The firm has a market cap of $45.06 billion, a PE ratio of -21.31, a PEG ratio of 7.30 and a beta of 1.06. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65.

American International Group (NYSE:AIG) last issued its quarterly earnings data on Monday, November 4th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.13. The business had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.62 billion. American International Group had a positive return on equity of 8.63% and a negative net margin of 6.19%. During the same period in the previous year, the firm earned $1.61 EPS. Equities research analysts anticipate that American International Group, Inc. will post 5.12 earnings per share for the current fiscal year.

American International Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend was Monday, December 16th. American International Group’s payout ratio is presently -47.20%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of American International Group from $89.00 to $83.00 and set an “overweight” rating on the stock in a report on Friday. BMO Capital Markets lowered shares of American International Group from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $90.00 to $84.00 in a report on Tuesday, October 15th. Evercore ISI reduced their price objective on American International Group from $79.00 to $78.00 and set an “in-line” rating on the stock in a report on Wednesday, October 9th. Royal Bank of Canada restated an “outperform” rating and set a $87.00 target price on shares of American International Group in a research report on Wednesday, November 6th. Finally, Bank of America lifted their price target on shares of American International Group from $82.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, October 10th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, American International Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.40.

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.