American International Group, Inc. (NYSE:AIG) Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC lifted its position in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 3,037.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,725 shares of the insurance provider's stock after purchasing an additional 16,192 shares during the quarter. Headlands Technologies LLC's holdings in American International Group were worth $1,133,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. LSV Asset Management boosted its holdings in American International Group by 13.2% in the third quarter. LSV Asset Management now owns 5,496,879 shares of the insurance provider's stock worth $333,111,000 after acquiring an additional 639,079 shares in the last quarter. FMR LLC boosted its holdings in American International Group by 5.0% in the third quarter. FMR LLC now owns 12,745,085 shares of the insurance provider's stock worth $772,352,000 after acquiring an additional 604,901 shares in the last quarter. Invesco Ltd. boosted its holdings in American International Group by 3.0% in the third quarter. Invesco Ltd. now owns 17,085,545 shares of the insurance provider's stock worth $1,035,384,000 after acquiring an additional 503,547 shares in the last quarter. Westfield Capital Management Co. LP boosted its holdings in American International Group by 55.3% in the third quarter. Westfield Capital Management Co. LP now owns 1,336,355 shares of the insurance provider's stock worth $80,983,000 after acquiring an additional 476,104 shares in the last quarter. Finally, Adams Diversified Equity Fund Inc. bought a new stake in American International Group in the third quarter worth $25,549,000. 90.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AIG has been the topic of several analyst reports. TD Cowen initiated coverage on American International Group in a report on Wednesday, January 10th. They issued a "market perform" rating and a $78.00 target price on the stock. Royal Bank of Canada boosted their price target on American International Group from $76.00 to $80.00 and gave the stock an "outperform" rating in a research note on Thursday, February 15th. Keefe, Bruyette & Woods boosted their price target on American International Group from $82.00 to $86.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 10th. Bank of America cut American International Group from a "buy" rating to a "neutral" rating and boosted their price target for the stock from $75.00 to $77.00 in a research note on Tuesday, February 20th. Finally, BMO Capital Markets decreased their price target on American International Group from $83.00 to $81.00 and set an "outperform" rating for the company in a research note on Thursday, February 15th. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $80.38.

American International Group Stock Performance

American International Group stock traded down $0.10 during mid-day trading on Friday, reaching $74.53. 5,027,158 shares of the stock traded hands, compared to its average volume of 3,428,688. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.31 and a quick ratio of 0.31. The business's 50-day moving average is $74.70 and its 200-day moving average is $69.05. The stock has a market capitalization of $50.75 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 1.07 and a beta of 1.03. American International Group, Inc. has a 12-month low of $48.95 and a 12-month high of $78.95.

American International Group (NYSE:AIG - Get Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The insurance provider reported $1.79 EPS for the quarter, topping analysts' consensus estimates of $1.59 by $0.20. The business had revenue of $1.00 million during the quarter, compared to analysts' expectations of $11.61 billion. American International Group had a return on equity of 10.68% and a net margin of 7.78%. The business's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.36 earnings per share. As a group, sell-side analysts predict that American International Group, Inc. will post 6.95 EPS for the current fiscal year.

American International Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend was Wednesday, March 13th. American International Group's payout ratio is 28.86%.

Insiders Place Their Bets

In related news, Director John C. Inglis purchased 659 shares of American International Group stock in a transaction on Thursday, March 14th. The stock was acquired at an average price of $75.39 per share, for a total transaction of $49,682.01. Following the completion of the transaction, the director now directly owns 659 shares in the company, valued at approximately $49,682.01. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In other American International Group news, Director John C. Inglis acquired 659 shares of the company's stock in a transaction dated Thursday, March 14th. The stock was purchased at an average price of $75.39 per share, with a total value of $49,682.01. Following the completion of the purchase, the director now directly owns 659 shares in the company, valued at approximately $49,682.01. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Peter Zaffino sold 333,000 shares of the company's stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $75.87, for a total value of $25,264,710.00. Following the completion of the transaction, the chief executive officer now directly owns 505,420 shares of the company's stock, valued at approximately $38,346,215.40. The disclosure for this sale can be found here. Company insiders own 0.61% 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.