M&G Plc lifted its place in shares of American Worldwide Group, Inc. (NYSE:AIG – Free Report) by 2.9% through the third quarter, in response to its most up-to-date disclosure with the Securities & Change Fee. The agency owned 121,697 shares of the insurance coverage supplier’s inventory after buying a further 3,480 shares through the quarter. M&G Plc’s holdings in American Worldwide Group had been price $8,884,000 on the finish of the newest reporting interval.
A lot of different giant traders additionally lately modified their holdings of the corporate. AIA Group Ltd acquired a brand new place in American Worldwide Group through the 1st quarter valued at about $301,000. Empowered Funds LLC grew its holdings in American Worldwide Group by 20.9% through the first quarter. Empowered Funds LLC now owns 10,871 shares of the insurance coverage supplier’s inventory price $850,000 after shopping for a further 1,877 shares within the final quarter. Oppenheimer & Co. Inc. raised its place in American Worldwide Group by 0.5% within the 1st quarter. Oppenheimer & Co. Inc. now owns 38,260 shares of the insurance coverage supplier’s inventory valued at $2,991,000 after shopping for a further 200 shares over the last quarter. Illinois Municipal Retirement Fund lifted its stake in American Worldwide Group by 19.0% through the 1st quarter. Illinois Municipal Retirement Fund now owns 156,150 shares of the insurance coverage supplier’s inventory valued at $12,206,000 after buying a further 24,906 shares within the final quarter. Lastly, Atomi Monetary Group Inc. boosted its holdings in American Worldwide Group by 8.3% through the 1st quarter. Atomi Monetary Group Inc. now owns 8,016 shares of the insurance coverage supplier’s inventory price $627,000 after buying a further 612 shares over the last quarter. 90.60% of the inventory is presently owned by institutional traders.
American Worldwide Group Worth Efficiency
NYSE AIG opened at $75.60 on Friday. The corporate has a fast ratio of 0.67, a present ratio of 0.67 and a debt-to-equity ratio of 0.22. The corporate has a market cap of $48.68 billion, a PE ratio of -22.30, a price-to-earnings-growth ratio of 5.26 and a beta of 1.05. American Worldwide Group, Inc. has a 52 week low of $62.75 and a 52 week excessive of $80.83. The agency’s 50-day easy shifting common is $75.15 and its two-hundred day easy shifting common is $75.66.
American Worldwide Group (NYSE:AIG – Get Free Report) final posted its quarterly earnings outcomes on Monday, November 4th. The insurance coverage supplier reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.13. The corporate had income of $6.75 billion for the quarter, in comparison with analyst estimates of $6.62 billion. American Worldwide Group had a destructive web margin of 6.19% and a constructive return on fairness of 8.49%. Throughout the identical quarter within the earlier yr, the agency posted $1.61 earnings per share. Analysis analysts predict that American Worldwide Group, Inc. will publish 4.99 earnings per share for the present yr.
American Worldwide Group Dividend Announcement
The enterprise additionally lately declared a quarterly dividend, which can be paid on Monday, December thirtieth. Stockholders of report on Monday, December sixteenth can be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized foundation and a dividend yield of two.12%. The ex-dividend date is Monday, December sixteenth. American Worldwide Group’s payout ratio is presently -47.20%.
Insider Exercise
In associated information, main shareholder Worldwide Group American bought 5,000,000 shares of the inventory in a transaction dated Monday, September sixteenth. The inventory was bought at a mean value of $28.86, for a complete transaction of $144,300,000.00. Following the sale, the insider now owns 279,238,898 shares of the corporate’s inventory, valued at roughly $8,058,834,596.28. This represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is accessible via this hyperlink. 0.61% of the inventory is owned by firm insiders.
Wall Avenue Analyst Weigh In
A lot of analysis analysts lately weighed in on AIG shares. Citigroup dropped their value goal on shares of American Worldwide Group from $89.00 to $87.00 and set a “purchase” score on the inventory in a analysis report on Tuesday, July twenty third. Evercore ISI dropped their goal value on shares of American Worldwide Group from $79.00 to $78.00 and set an “in-line” score on the inventory in a analysis report on Wednesday, October ninth. BMO Capital Markets downgraded American Worldwide Group from an “outperform” score to a “market carry out” score and reduce their goal value for the inventory from $90.00 to $84.00 in a analysis notice on Tuesday, October fifteenth. UBS Group elevated their value goal on American Worldwide Group from $84.00 to $88.00 and gave the corporate a “purchase” score in a analysis report on Tuesday, October fifteenth. Lastly, Keefe, Bruyette & Woods reduce their value goal on American Worldwide Group from $96.00 to $90.00 and set an “outperform” score on the inventory in a analysis report on Monday, August twelfth. Eight analysis analysts have rated the inventory with a maintain score and 9 have given a purchase score to the corporate. In accordance with knowledge from MarketBeat.com, the corporate presently has a consensus score of “Average Purchase” and a mean value goal of $84.31.
View Our Newest Inventory Report on American Worldwide Group
About American Worldwide Group
American Worldwide Group, Inc gives insurance coverage merchandise for business, institutional, and particular person clients in North America and internationally. It operates via three segments: Common Insurance coverage, Life and Retirement, and Different Operations. The Common Insurance coverage phase offers business and industrial property insurance coverage, together with enterprise interruption and package deal insurance coverage that cowl publicity to made and pure disasters; normal legal responsibility, environmental, business car legal responsibility, employees’ compensation, extra casualty, and disaster administration insurance coverage merchandise; {and professional} legal responsibility insurance coverage.
Really useful Tales
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