American Intl Group INC (AIG) Stock Declined While Smith Salley & Associates Trimmed Position

December 8, 2017 - By Max Morgan

Investors sentiment increased to 0.64 in Q2 2017. Its up 0.11, from 0.53 in 2017Q1. It is positive, as 70 investors sold AIG shares while 341 reduced holdings. 79 funds opened positions while 182 raised stakes. 742.03 million shares or 4.53% less from 777.22 million shares in 2017Q1 were reported. Retirement Sys Of Alabama invested 0.22% of its portfolio in American International Group, Inc. (NYSE:AIG). Endurance Wealth Mngmt accumulated 0.35% or 33,199 shares. First Interstate National Bank reported 2,029 shares or 0.03% of all its holdings. Mai Cap invested in 0.01% or 3,504 shares. Fjarde Ap owns 240,718 shares or 0.3% of their US portfolio. Cramer Rosenthal Mcglynn Ltd accumulated 763,590 shares or 0.73% of the stock. Brandywine Global Investment Mgmt Ltd Liability owns 902,258 shares. 26,659 are held by Fdx Advsrs. The Kentucky-based Todd Asset Mgmt Limited Liability Corporation has invested 0.42% in American International Group, Inc. (NYSE:AIG). Calamos Wealth Mngmt Ltd Limited Liability Company holds 0.39% in American International Group, Inc. (NYSE:AIG) or 44,314 shares. Wells Fargo Communication Mn accumulated 1.45M shares. Ray Gerald L Assocs holds 0.12% or 15,090 shares in its portfolio. Profund Advisors holds 0.06% in American International Group, Inc. (NYSE:AIG) or 19,770 shares. Hartford Financial Mgmt has invested 0% of its portfolio in American International Group, Inc. (NYSE:AIG). Chevy Chase Tru Hldgs Inc has invested 0.32% in American International Group, Inc. (NYSE:AIG).

Smith Salley & Associates decreased its stake in American Intl Group Inc (AIG) by 43.56% based on its latest 2017Q2 regulatory filing with the SEC. Smith Salley & Associates sold 71,436 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 92,545 shares of the finance company at the end of 2017Q2, valued at $5.79M, down from 163,981 at the end of the previous reported quarter. Smith Salley & Associates who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $53.53 billion market cap company. The stock decreased 0.27% or $0.16 during the last trading session, reaching $59.55. About 3.59M shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since December 8, 2016 and is uptrending. It has underperformed by 8.11% the S&P500.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on February, 13. They expect $1.07 EPS, up 27.38 % or $0.23 from last year’s $0.84 per share. AIG’s profit will be $961.89M for 13.91 P/E if the $1.07 EPS becomes a reality. After $-1.22 actual EPS reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts -187.70 % EPS growth.

More notable recent American International Group, Inc. (NYSE:AIG) news were published by: Nasdaq.com which released: “RSI Alert: American International Group Now Oversold” on November 20, 2017, also Seekingalpha.com with their article: “AIG: The Hits Just Keep Coming” published on November 18, 2017, Nasdaq.com published: “Hampstead Capital LLP Buys Merck Inc, American International Group Inc …” on November 17, 2017. More interesting news about American International Group, Inc. (NYSE:AIG) were released by: Moodys.com and their article: “Moody’s rates AIG’s senior Formosa notes Baa1, stable outlook” published on November 13, 2017 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: WesBanco, American International Group and State Auto …” with publication date: December 05, 2017.

American International Group, Inc. (NYSE:AIG) Ratings Coverage

Among 21 analysts covering American International Group (NYSE:AIG), 12 have Buy rating, 2 Sell and 7 Hold. Therefore 57% are positive. American International Group had 69 analyst reports since August 5, 2015 according to SRatingsIntel. Wells Fargo maintained American International Group, Inc. (NYSE:AIG) on Thursday, April 13 with “Buy” rating. Barclays Capital maintained it with “Overweight” rating and $60 target in Friday, February 12 report. The company was downgraded on Wednesday, February 3 by William Blair. The stock has “Neutral” rating by Credit Suisse on Tuesday, March 29. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, October 5 report. The stock of American International Group, Inc. (NYSE:AIG) earned “Mkt Perform” rating by FBR Capital on Friday, October 2. The rating was maintained by FBR Capital on Monday, November 28 with “Mkt Perform”. The stock of American International Group, Inc. (NYSE:AIG) has “Mkt Perform” rating given on Tuesday, May 10 by FBR Capital. The rating was maintained by Wells Fargo on Wednesday, August 2 with “Buy”. On Thursday, August 11 the stock rating was maintained by Deutsche Bank with “Hold”.

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