$1.21 EPS Expected for American International Group, Inc. (AIG)

October 2, 2018 - By whatsonthorold

American International Group, Inc. (NYSE:AIG) LogoInvestors sentiment decreased to 0.68 in Q2 2018. Its down 0.32, from 1 in 2018Q1. It is negative, as 77 investors sold American International Group, Inc. shares while 279 reduced holdings. 57 funds opened positions while 184 raised stakes. 768.62 million shares or 2.61% more from 749.06 million shares in 2018Q1 were reported.
Taurus Asset Mngmt Lc reported 0.04% in American International Group, Inc. (NYSE:AIG). Daiwa Sb Ltd owns 1,160 shares. 331 were reported by Lenox Wealth Mgmt. Fmr Ltd Liability accumulated 22.62 million shares or 0.14% of the stock. Bbva Compass Bankshares Incorporated holds 8,563 shares or 0.03% of its portfolio. Moreover, Zeke Cap Advsr Ltd Company has 0.05% invested in American International Group, Inc. (NYSE:AIG) for 10,811 shares. State Street Corp invested in 0.17% or 39.06 million shares. Amundi Pioneer Asset reported 0.08% of its portfolio in American International Group, Inc. (NYSE:AIG). The California-based Grassi Investment Management has invested 0.13% in American International Group, Inc. (NYSE:AIG). Finance Engines Llc, California-based fund reported 642 shares. Mutual Of America Mgmt Ltd invested in 0.13% or 170,883 shares. Fdx Advsr holds 11,591 shares or 0.02% of its portfolio. Old Mutual Glob Investors (Uk) Limited accumulated 113,012 shares. Macroview Invest Mngmt, a Maryland-based fund reported 33 shares. Addison Capital, a Pennsylvania-based fund reported 46,477 shares.

Since May 4, 2018, it had 2 buys, and 0 sales for $378,754 activity. The insider LEONARDI THOMAS B bought 2,500 shares worth $128,875.

Analysts expect American International Group, Inc. (NYSE:AIG) to report $1.21 EPS on November, 1.They anticipate $2.43 EPS change or 199.18 % from last quarter’s $-1.22 EPS. AIG’s profit would be $1.08B giving it 10.98 P/E if the $1.21 EPS is correct. After having $1.05 EPS previously, American International Group, Inc.’s analysts see 15.24 % EPS growth. The stock increased 0.11% or $0.06 during the last trading session, reaching $53.14. About 1.54 million shares traded. American International Group, Inc. (NYSE:AIG) has declined 14.51% since October 2, 2017 and is downtrending. It has underperformed by 30.13% the S&P500.

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

Among 9 analysts covering American International Group (NYSE:AIG), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. American International Group had 9 analyst reports since April 16, 2018 according to SRatingsIntel. FBR Capital maintained it with “Hold” rating and $5900 target in Monday, April 16 report. The stock has “Buy” rating by UBS on Thursday, May 17. Deutsche Bank maintained it with “Hold” rating and $58 target in Thursday, May 3 report. The stock has “Buy” rating by Goldman Sachs on Thursday, May 10. The stock has “Buy” rating by Argus Research on Friday, August 10. The stock of American International Group, Inc. (NYSE:AIG) has “Neutral” rating given on Friday, April 27 by Buckingham Research. The stock has “Buy” rating by Wells Fargo on Monday, May 14. The rating was maintained by Morgan Stanley on Friday, May 4 with “Overweight”.

American International Group, Inc. provides insurance products for commercial, institutional, and individual clients primarily in the United States, Europe, and Japan. The company has market cap of $47.21 billion. The company??s Commercial Insurance segment offers general liability, environmental, commercial automobile liability, workers?? compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; aerospace, political risk, trade credit, surety, and marine insurance; and various insurance products for small and medium sized enterprises. It currently has negative earnings. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers liability, fidelity, employment practices, fiduciary liability, cybersecurity risk, kidnap and ransom, and errors and omissions insurance.

Another recent and important American International Group, Inc. (NYSE:AIG) news was published by Businesswire.com which published an article titled: “AIG to Acquire Glatfelter Insurance Group” on September 21, 2018.

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

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