American Intl Group INC (AIG) Shareholder First Pacific Advisors LLC Increased Stake by $113.56 Million

June 29, 2018 - By Jeanette Garcia

American International Group, Inc. (NYSE:AIG) Corporate LogoDuring 2018 Q1 the big money sentiment increased to 1. That’s change of 0.30, from 2017Q4’s 0.7. 66 investors sold all, 249 reduced holdings as AIG ratio increased. 226 increased holdings while 90 funds took holdings. Funds hold 749.06 million shares thus 0.24% more from 2017Q4’s 747.27 million shares. The Texas-based Linscomb And Williams has invested 0.03% in American International Group, Inc. (NYSE:AIG). Majedie Asset Ltd stated it has 61,384 shs or 0.3% of all its holdings. Victory Management Incorporated holds 1.01M shs. Ohio-based Private Tru Na has invested 0.07% in American International Group, Inc. (NYSE:AIG). Arizona State Retirement Systems accumulated 284,739 shs. San Francisco Sentry Group (Ca) stated it has 269 shs or 0% of all its holdings. Oz Mgmt LP invested in 213,340 shs or 0.07% of the stock. Inverness Counsel Ltd Liability Corporation Ny holds 0.12% or 36,049 shs. Fiera Cap Corp accumulated 5,999 shs. Northern Tru holds 0.14% of its capital in American International Group, Inc. (NYSE:AIG) for 9.95M shs. Atria Invs Limited owns 10,138 shs or 0.03% of their US capital. Signaturefd Ltd Liability Company has invested 0.01% in American International Group, Inc. (NYSE:AIG). Weik Cap Management holds 0.62% in American International Group, Inc. (NYSE:AIG) or 23,800 shs. Fayez Sarofim And Co holds 6,389 shs or 0% of its capital. Livforsakringsbolaget Skandia Omsesidigt invested 0.03% of its capital in American International Group, Inc. (NYSE:AIG).

AIG registered $47,270 net activity with 2 insider purchases and 2 insider sales since February 15, 2018. LEONARDI THOMAS B bought $128,875 worth of American International Group, Inc. (NYSE:AIG) on Friday, May 4. STEENLAND DOUGLAS M bought $249,879 worth of American International Group, Inc. (NYSE:AIG) or 4,800 shs on Friday, May 4. On Thursday, February 15 Macartney Claudine also sold $122,320 worth of American International Group, Inc. (NYSE:AIG).

According to 2018Q1 Securities and Exchange form the Robert Rodriguez rose its holdings in American Intl Group Inc (AIG) by 19.98%. By buying 2.10 million shares First Pacific Advisors Llc made the stock sank with 9.68%. At the end of 2018Q1, the hedge fund run by Robert Rodriguez held 12.63 million shares of the finance company, priced at $687.29 million, up from 10.53 million at the end of the previous reported quarter. $48.30B is the market cap of American Intl Group Inc. AIG hit $53.8 during the last trading session after $0.57 change.Currently American International Group, Inc. is downtrending after 15.56% change in last June 29, 2017. AIG has 603,755 shares volume. AIG underperformed by 28.13% the S&P500.

About $28.26 billion and $13.13 billion US Long portfolio First Pacific Advisors Llc operates. Its stake in Cit Group Inc (NYSE:CIT) was decreased by 1.44M shares to 9.39M shares valued at $483.40M in 2018Q1, according to the filing. First Pacific Advisors Llc has cut its stake in Microsoft Corp (NASDAQ:MSFT) and also reduced its holding in American Express Company (NYSE:AXP) by 450,207 shares in the quarter, for a total of 2.18 million shares.

More recent American International Group, Inc. (NYSE:AIG) news were brought out by Businesswire.com, Seekingalpha.com and Businesswire.com. The first one has “AIG Names Jamie Miller Chief Underwriting Officer, North America Property” as a title and was brought out on June 25, 2018. The next is “AIG to buy UK group life specialist Ellipse from Munich Re” on June 20, 2018. And last was brought out on June 25, 2018, called “AIG to Report Second Quarter 2018 Results on August 2, 2018”.

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

In total 11 analysts cover American International Group (NYSE:AIG). “Buy” rating has 7, “Sell” are 0, while 4 are “Hold”. 64% are bullish. 13 are the (NYSE:AIG)’s analyst reports since January 22, 2018 according to StockzIntelligence Inc. On Monday, January 22 the company was maintained by Credit Suisse. On Monday, February 26 the firm has “Buy” rating given by Wells Fargo. In Friday, May 4 report Morgan Stanley maintained the stock with “Overweight” rating. The stock rating was maintained by Deutsche Bank with “Hold” on Thursday, May 3. The company rating was maintained by Barclays Capital on Tuesday, February 20. The company rating was maintained by Wells Fargo on Monday, May 14. In Friday, April 27 report Buckingham Research upgraded the stock to “Neutral” rating. On Thursday, May 10 Goldman Sachs upgraded American International Group, Inc. (NYSE:AIG) to “Buy” rating. On Monday, April 16 the company was maintained by FBR Capital. On Friday, February 9 the rating was upgraded by Bank of America to “Buy”.

American International Group, Inc. (NYSE:AIG) Institutional Investors Chart

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