American International Group, Inc. (NYSE:AIG – Get Rating) was the target of some unusual options trading activity on Monday. Stock investors bought 21,013 put options on the company. This is an increase of approximately 355% compared to the average volume of 4,622 put options.
American International Group Trading Up 2.1 %
AIG opened at $51.12 on Wednesday. American International Group has a 12-month low of $47.05 and a 12-month high of $65.73. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a market capitalization of $37.69 billion, a PE ratio of 4.00, a P/E/G ratio of 0.85 and a beta of 1.15. The firm’s fifty day moving average price is $61.02 and its 200 day moving average price is $58.25.
American International Group (NYSE:AIG – Get Rating) last issued its earnings results on Thursday, February 16th. The insurance provider reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.17. The business had revenue of $11.59 billion for the quarter, compared to analyst estimates of $11.84 billion. American International Group had a net margin of 18.21% and a return on equity of 7.70%. During the same quarter in the prior year, the business posted $1.58 EPS. As a group, research analysts expect that American International Group will post 6.26 EPS for the current fiscal year.
American International Group Dividend Announcement
Wall Street Analyst Weigh In
AIG has been the topic of a number of recent research reports. Royal Bank of Canada boosted their price objective on American International Group from $68.00 to $73.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 14th. JPMorgan Chase & Co. began coverage on American International Group in a research report on Wednesday, November 30th. They set a “neutral” rating on the stock. Atlantic Securities downgraded shares of American International Group from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $70.00 to $65.00 in a research report on Wednesday, February 22nd. Citigroup assumed coverage on shares of American International Group in a research report on Wednesday, December 14th. They set a “buy” rating and a $72.00 target price on the stock. Finally, BMO Capital Markets initiated coverage on shares of American International Group in a report on Thursday, January 19th. They set a “market perform” rating and a $64.00 price target for the company. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $65.08.
Institutional Investors Weigh In On American International Group
Institutional investors have recently made changes to their positions in the company. Accurate Wealth Management LLC acquired a new position in American International Group in the fourth quarter worth $25,000. Arcus Capital Partners LLC bought a new position in shares of American International Group in the 4th quarter worth about $25,000. Chilton Capital Management LLC acquired a new position in shares of American International Group in the 2nd quarter valued at about $26,000. Vigilant Capital Management LLC grew its position in shares of American International Group by 262.3% during the 3rd quarter. Vigilant Capital Management LLC now owns 576 shares of the insurance provider’s stock valued at $27,000 after buying an additional 417 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in American International Group during the fourth quarter worth about $28,000. 89.01% of the stock is currently owned by institutional investors.
American International Group Company Profile
American International Group, Inc engages in the provision of a range of property casualty insurance, life insurance, retirement products, and other financial services to commercial and individual customers. It operates through the following segments: General Insurance, Life and Retirement and Other Operations.
- Get a free copy of the StockNews.com research report on American International Group (AIG)
- Monoclonal Antibodies? Avid Bioservices surges 32% on Blowout Q3
- GitLab Crashes On Guidance; Analysts Defend
- Healthcare Stocks With at Least 30 Years of Dividend Increases
- Coinbase Pops As SVB Crumbles To Dust
- Airlines Update Guidance, Shares Head For Different Destinations
Receive News & Ratings for American International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American International Group and related companies with MarketBeat.com's FREE daily email newsletter.