Pathstone Holdings LLC reduce its stake in shares of American Worldwide Group, Inc. (NYSE:AIG – Free Report) by 1.3% within the third quarter, Holdings Channel stories. The institutional investor owned 89,466 shares of the insurance coverage supplier’s inventory after promoting 1,172 shares throughout the quarter. Pathstone Holdings LLC’s holdings in American Worldwide Group had been value $6,552,000 on the finish of the newest quarter.
A variety of different institutional traders and hedge funds have additionally made adjustments to their positions in AIG. Swedbank AB acquired a brand new place in American Worldwide Group within the first quarter valued at $99,951,000. Diamond Hill Capital Administration Inc. lifted its stake in shares of American Worldwide Group by 5.6% within the third quarter. Diamond Hill Capital Administration Inc. now owns 13,685,138 shares of the insurance coverage supplier’s inventory valued at $1,002,163,000 after buying an extra 722,237 shares within the final quarter. Financial institution of Montreal Can lifted its stake in shares of American Worldwide Group by 83.6% within the 2nd quarter. Financial institution of Montreal Can now owns 1,312,741 shares of the insurance coverage supplier’s inventory valued at $97,825,000 after buying an extra 597,765 shares within the final quarter. Marshall Wace LLP grew its holdings in shares of American Worldwide Group by 2,493.5% throughout the 2nd quarter. Marshall Wace LLP now owns 349,341 shares of the insurance coverage supplier’s inventory value $25,935,000 after buying an extra 335,871 shares throughout the interval. Lastly, AustralianSuper Pty Ltd elevated its place in American Worldwide Group by 41.5% throughout the third quarter. AustralianSuper Pty Ltd now owns 1,028,532 shares of the insurance coverage supplier’s inventory value $75,319,000 after buying an extra 301,637 shares within the final quarter. 90.60% of the inventory is at present owned by institutional traders and hedge funds.
American Worldwide Group Inventory Efficiency
AIG inventory opened at $76.06 on Friday. The inventory’s fifty day transferring common is $75.50 and its two-hundred day transferring common is $75.62. The inventory has a market capitalization of $47.44 billion, a price-to-earnings ratio of -22.44, a PEG ratio of seven.45 and a beta of 1.05. The corporate has a debt-to-equity ratio of 0.22, a fast ratio of 0.65 and a present ratio of 0.65. American Worldwide Group, Inc. has a 1 12 months low of $64.54 and a 1 12 months excessive of $80.83.
American Worldwide Group (NYSE:AIG – Get Free Report) final introduced its earnings outcomes on Monday, November 4th. The insurance coverage supplier reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.13. The agency had income of $6.75 billion for the quarter, in comparison with the consensus estimate of $6.62 billion. American Worldwide Group had a optimistic return on fairness of 8.63% and a adverse internet margin of 6.19%. Throughout the identical quarter within the earlier 12 months, the enterprise earned $1.61 EPS. On common, analysis analysts predict that American Worldwide Group, Inc. will put up 5.13 EPS for the present 12 months.
American Worldwide Group Dividend Announcement
The corporate additionally just lately introduced a quarterly dividend, which shall be paid on Monday, December thirtieth. Shareholders of document on Monday, December sixteenth shall be given a $0.40 dividend. The ex-dividend date is Monday, December sixteenth. This represents a $1.60 dividend on an annualized foundation and a yield of two.10%. American Worldwide Group’s dividend payout ratio (DPR) is -47.20%.
Insider Exercise
In different information, main shareholder Worldwide Group American bought 5,000,000 shares of the agency’s inventory in a transaction on Monday, September sixteenth. The inventory was bought at a mean worth of $28.86, for a complete transaction of $144,300,000.00. Following the completion of the sale, the insider now straight owns 279,238,898 shares of the corporate’s inventory, valued at $8,058,834,596.28. This commerce represents a 1.76 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which is out there by way of this hyperlink. Insiders personal 0.61% of the corporate’s inventory.
Analyst Upgrades and Downgrades
AIG has been the topic of a number of current analysis stories. Evercore ISI dropped their worth goal on shares of American Worldwide Group from $79.00 to $78.00 and set an “in-line” ranking for the corporate in a analysis report on Wednesday, October ninth. StockNews.com upgraded American Worldwide Group from a “promote” ranking to a “maintain” ranking in a report on Friday, November eighth. JPMorgan Chase & Co. upgraded American Worldwide Group from a “impartial” ranking to an “chubby” ranking and lowered their worth goal for the inventory from $93.00 to $89.00 in a analysis be aware on Thursday, October tenth. TD Cowen lowered their goal worth on American Worldwide Group from $83.00 to $80.00 and set a “maintain” ranking for the corporate in a analysis be aware on Tuesday, August thirteenth. Lastly, Piper Sandler decreased their worth goal on American Worldwide Group from $89.00 to $86.00 and set an “chubby” ranking for the corporate in a report on Friday, August 2nd. Eight analysts have rated the inventory with a maintain ranking and eight have assigned a purchase ranking to the inventory. In keeping with MarketBeat, the corporate presently has a mean ranking of “Reasonable Purchase” and a consensus goal worth of $84.80.
View Our Newest Inventory Evaluation on American Worldwide Group
American Worldwide Group Profile
American Worldwide Group, Inc gives insurance coverage merchandise for business, institutional, and particular person prospects in North America and internationally. It operates by way of three segments: Common Insurance coverage, Life and Retirement, and Different Operations. The Common Insurance coverage section offers business and industrial property insurance coverage, together with enterprise interruption and bundle insurance coverage that cowl publicity to made and pure disasters; basic legal responsibility, environmental, business vehicle legal responsibility, staff’ compensation, extra casualty, and disaster administration insurance coverage merchandise; {and professional} legal responsibility insurance coverage.
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