American International Group, Inc. (NYSE:AIG) Stock Holdings Increased by Vident Advisory LLC

Vident Advisory LLC boosted its position in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 2,018.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,042 shares of the insurance provider's stock after purchasing an additional 206,796 shares during the period. Vident Advisory LLC's holdings in American International Group were worth $15,801,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Capital Research Global Investors grew its holdings in American International Group by 1.4% during the 4th quarter. Capital Research Global Investors now owns 34,890,814 shares of the insurance provider's stock valued at $2,540,050,000 after purchasing an additional 482,724 shares in the last quarter. Wellington Management Group LLP grew its holdings in American International Group by 7.2% during the 4th quarter. Wellington Management Group LLP now owns 26,805,310 shares of the insurance provider's stock valued at $1,951,427,000 after purchasing an additional 1,791,964 shares in the last quarter. Diamond Hill Capital Management Inc. grew its holdings in American International Group by 3.4% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 14,147,050 shares of the insurance provider's stock valued at $1,029,905,000 after purchasing an additional 461,912 shares in the last quarter. Franklin Resources Inc. grew its holdings in American International Group by 14.0% during the 4th quarter. Franklin Resources Inc. now owns 10,446,819 shares of the insurance provider's stock valued at $760,528,000 after purchasing an additional 1,284,354 shares in the last quarter. Finally, Norges Bank acquired a new stake in American International Group during the 4th quarter valued at $718,013,000. 90.60% of the stock is owned by institutional investors and hedge funds.

American International Group Stock Performance

NYSE:AIG traded down $0.65 during mid-day trading on Thursday, hitting $81.98. The stock had a trading volume of 3,172,776 shares, compared to its average volume of 4,417,489. The stock has a market capitalization of $47.25 billion, a price-to-earnings ratio of -39.41, a P/E/G ratio of 1.01 and a beta of 0.69. The company has a 50 day simple moving average of $82.59 and a 200-day simple moving average of $77.88. American International Group, Inc. has a 52 week low of $69.00 and a 52 week high of $88.07. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21.

American International Group (NYSE:AIG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The insurance provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.13. The firm had revenue of $6.77 billion for the quarter, compared to the consensus estimate of $6.89 billion. American International Group had a negative net margin of 4.25% and a positive return on equity of 8.01%. During the same period last year, the firm posted $1.25 EPS. On average, research analysts expect that American International Group, Inc. will post 6.24 earnings per share for the current fiscal year.

American International Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be given a $0.45 dividend. The ex-dividend date is Friday, June 13th. This is an increase from American International Group's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 2.20%. American International Group's dividend payout ratio (DPR) is currently -67.67%.

Insiders Place Their Bets

In other American International Group news, EVP Christopher Flatt sold 46,182 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $83.26, for a total transaction of $3,845,113.32. Following the sale, the executive vice president now directly owns 21,400 shares in the company, valued at approximately $1,781,764. The trade was a 68.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AIG. Jefferies Financial Group raised their price objective on shares of American International Group from $90.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, April 11th. Keefe, Bruyette & Woods raised their price objective on shares of American International Group from $94.00 to $97.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Barclays raised their price objective on shares of American International Group from $92.00 to $93.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. The Goldman Sachs Group raised their price objective on shares of American International Group from $79.00 to $87.00 and gave the stock a "neutral" rating in a report on Tuesday, April 1st. Finally, Morgan Stanley raised their price objective on shares of American International Group from $81.00 to $85.00 and gave the stock an "equal weight" rating in a report on Monday. Nine analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, American International Group has an average rating of "Moderate Buy" and an average price target of $88.12.

About American International Group

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.