One Wealth Advisors LLC Has $352,000 Stock Position in American International Group, Inc. (NYSE:AIG)

One Wealth Advisors LLC lowered its position in shares of American International Group, Inc. (NYSE:AIG) by 23.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,829 shares of the insurance provider’s stock after selling 1,441 shares during the quarter. One Wealth Advisors LLC’s holdings in American International Group were worth $352,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of AIG. Catalina Capital Group LLC boosted its holdings in American International Group by 5.1% in the fourth quarter. Catalina Capital Group LLC now owns 3,044 shares of the insurance provider’s stock valued at $222,000 after acquiring an additional 148 shares during the last quarter. EagleClaw Capital Managment LLC boosted its holdings in American International Group by 0.5% in the third quarter. EagleClaw Capital Managment LLC now owns 30,379 shares of the insurance provider’s stock valued at $2,225,000 after acquiring an additional 150 shares during the last quarter. Independent Advisor Alliance boosted its holdings in American International Group by 1.6% in the third quarter. Independent Advisor Alliance now owns 10,393 shares of the insurance provider’s stock valued at $761,000 after acquiring an additional 161 shares during the last quarter. Graypoint LLC boosted its holdings in American International Group by 2.0% in the third quarter. Graypoint LLC now owns 8,672 shares of the insurance provider’s stock valued at $635,000 after acquiring an additional 167 shares during the last quarter. Finally, Commerce Bank boosted its holdings in American International Group by 1.0% in the third quarter. Commerce Bank now owns 17,234 shares of the insurance provider’s stock valued at $1,262,000 after acquiring an additional 172 shares during the last quarter. Institutional investors and hedge funds own 90.60% of the company’s stock.

American International Group Stock Down 0.8 %

AIG stock opened at $73.08 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $45.59 billion, a PE ratio of -21.56, a PEG ratio of 5.80 and a beta of 1.06. American International Group, Inc. has a twelve month low of $67.96 and a twelve month high of $80.83. The stock has a 50-day simple moving average of $73.74 and a two-hundred day simple moving average of $74.56.

American International Group (NYSE:AIG) last posted its earnings results on Monday, November 4th. The insurance provider reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the firm earned $1.61 EPS. On average, equities analysts predict that American International Group, Inc. will post 4.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AIG shares. StockNews.com raised American International Group from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. decreased their price target on American International Group from $89.00 to $83.00 and set an “overweight” rating for the company in a report on Friday, January 3rd. The Goldman Sachs Group reiterated a “neutral” rating and set a $79.00 price target (down previously from $83.00) on shares of American International Group in a report on Wednesday, January 8th. Royal Bank of Canada restated an “outperform” rating and issued a $87.00 price objective on shares of American International Group in a research note on Wednesday, November 6th. Finally, Jefferies Financial Group upped their price objective on American International Group from $82.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $84.13.

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.