Universal Beteiligungs und Servicegesellschaft mbH Takes $28.11 Million Position in American International Group, Inc. (NYSE:AIG)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of American International Group, Inc. (NYSE:AIG - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 386,161 shares of the insurance provider's stock, valued at approximately $28,113,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of American International Group as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AIG. Duncker Streett & Co. Inc. bought a new stake in American International Group during the 4th quarter valued at $25,000. Asset Planning Inc bought a new stake in shares of American International Group in the 4th quarter worth $26,000. Ameriflex Group Inc. bought a new stake in shares of American International Group in the 4th quarter worth $29,000. BankPlus Trust Department bought a new position in American International Group during the fourth quarter valued at about $36,000. Finally, Whipplewood Advisors LLC bought a new position in American International Group during the fourth quarter valued at about $40,000. Institutional investors and hedge funds own 90.60% of the company's stock.

American International Group Trading Up 1.1%

Shares of AIG traded up $0.92 during midday trading on Friday, hitting $84.51. The stock had a trading volume of 7,861,653 shares, compared to its average volume of 4,437,865. American International Group, Inc. has a 1 year low of $69.00 and a 1 year high of $88.07. The firm has a market cap of $48.71 billion, a PE ratio of -40.63, a price-to-earnings-growth ratio of 1.01 and a beta of 0.69. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67. The stock's 50 day moving average is $82.44 and its 200 day moving average is $78.21.

American International Group (NYSE:AIG - Get Free Report) last announced its earnings results 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. American International Group had a negative net margin of 4.25% and a positive return on equity of 8.01%. The business had revenue of $6.77 billion for the quarter, compared to the consensus estimate of $6.89 billion. During the same quarter in the prior year, the firm posted $1.25 earnings per share. As a group, analysts forecast that American International Group, Inc. will post 6.24 EPS for the current fiscal year.

American International Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Friday, June 13th. This is an increase from American International Group's previous quarterly dividend of $0.40. American International Group's payout ratio is presently -67.67%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AIG shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of American International Group to $91.00 and gave the company a "buy" rating in a research report on Wednesday, April 2nd. Keefe, Bruyette & Woods increased their price target on shares of American International Group from $94.00 to $97.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. UBS Group cut their target price on shares of American International Group from $88.00 to $86.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $91.00 target price (up previously from $83.00) on shares of American International Group in a research report on Tuesday, April 8th. Finally, Jefferies Financial Group increased their target price on shares of American International Group from $90.00 to $95.00 and gave the stock a "buy" rating in a research report on Friday, April 11th. Nine research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $88.12.

Insider Activity

In other American International Group news, EVP Christopher Flatt sold 46,182 shares of the firm's stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now directly owns 21,400 shares of the company's stock, valued at approximately $1,781,764. This trade represents a 68.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.50% of the company's stock.

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.