American Intl Group INC (AIG) Share Value Declined While Hotchkis & Wiley Capital Management LLC Has Cut Its Stake by $77.95 Million

September 17, 2017 - By Henry Gaston

Investors sentiment increased to 0.61 in Q4 2016. Its up 0.03, from 0.58 in 2016Q3. It is positive, as 69 investors sold AIG shares while 385 reduced holdings. 82 funds opened positions while 197 raised stakes. 815.98 million shares or 2.49% less from 836.82 million shares in 2016Q3 were reported. Ubs Oconnor Ltd Liability Com has invested 0% of its portfolio in American International Group Inc (NYSE:AIG). Mayo Invest Advisers Limited Liability, a Massachusetts-based fund reported 216,800 shares. Hbk Ltd Partnership invested in 0.57% or 813,400 shares. Virginia Retirement Sys Et Al holds 0.24% of its portfolio in American International Group Inc (NYSE:AIG) for 265,700 shares. Ent Fincl Service has invested 0.02% in American International Group Inc (NYSE:AIG). Prudential Public Ltd Liability invested in 0.15% or 637,857 shares. Dimensional Fund Advisors Limited Partnership invested in 6.88M shares. Sva Plumb Wealth Management Llc accumulated 0.05% or 5,608 shares. D L Carlson Gru Inc reported 60,220 shares stake. Strategic Lc holds 0.62% or 18,114 shares. Jackson Park Capital Limited Liability stated it has 41,000 shares or 4.99% of all its holdings. Kensico holds 10.15% or 8.97M shares in its portfolio. Gotham Asset Mgmt Ltd Company has 0% invested in American International Group Inc (NYSE:AIG). Highland Ltd stated it has 5,191 shares. Lsv Asset has invested 0.04% in American International Group Inc (NYSE:AIG).

Since May 18, 2017, it had 1 buy, and 0 insider sales for $4.92 million activity.

Hotchkis & Wiley Capital Management Llc decreased its stake in American Intl Group Inc (AIG) by 7.35% based on its latest 2016Q4 regulatory filing with the SEC. Hotchkis & Wiley Capital Management Llc sold 1.20M shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 15.13 million shares of the finance company at the end of 2016Q4, valued at $987.91M, down from 16.33M at the end of the previous reported quarter. Hotchkis & Wiley Capital Management Llc who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $53.86B market cap company. The stock decreased 0.32% or $0.19 on September 15, reaching $59.62. About 9.33M shares traded or 74.07% up from the average. American International Group Inc (NYSE:AIG) has risen 8.59% since September 17, 2016 and is uptrending. It has underperformed by 8.11% the S&P500.

Hotchkis & Wiley Capital Management Llc, which manages about $25.96 billion and $24.82B US Long portfolio, upped its stake in Magna Intl Inc (NYSE:MGA) by 1.77M shares to 4.04M shares, valued at $175.44M in 2016Q4, according to the filing. It also increased its holding in Cit Group Inc (NYSE:CIT) by 349,800 shares in the quarter, for a total of 2.48 million shares, and has risen its stake in Enstar Group Limited (NASDAQ:ESGR).

Analysts expect American International Group Inc (NYSE:AIG) to report $1.16 EPS on November, 1.They anticipate $0.16 EPS change or 16.00 % from last quarter’s $1 EPS. AIG’s profit would be $1.05 billion giving it 12.85 P/E if the $1.16 EPS is correct. After having $1.53 EPS previously, American International Group Inc’s analysts see -24.18 % EPS growth.

More notable recent American International Group Inc (NYSE:AIG) news were published by: Nasdaq.com which released: “Why Is American International (AIG) Down 11.6% Since the Last Earnings Report?” on September 08, 2017, also Seekingalpha.com with their article: “Hurricane Irma Insurance For AIG” published on September 08, 2017, Nasdaq.com published: “Ex-Dividend Reminder: Valley National Bancorp, American International Group …” on September 12, 2017. More interesting news about American International Group Inc (NYSE:AIG) were released by: Seekingalpha.com and their article: “AIG: Down But Not Out” published on September 15, 2017 as well as Seekingalpha.com‘s news article titled: “Irma could help AIG’s SIFI case” with publication date: September 11, 2017.

American International Group Inc (NYSE:AIG) Ratings Coverage

Among 19 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 3 Sell and 3 Hold. Therefore 68% are positive. American International Group has $80.0 highest and $7 lowest target. $67.24’s average target is 12.78% above currents $59.62 stock price. American International Group had 57 analyst reports since August 5, 2015 according to SRatingsIntel. Atlantic Securities downgraded the stock to “Neutral” rating in Wednesday, August 9 report. The company was downgraded on Wednesday, November 4 by Atlantic Securities. The rating was downgraded by FBR Capital on Friday, October 2 to “Mkt Perform”. Buckingham Research initiated American International Group Inc (NYSE:AIG) on Monday, September 11 with “Sell” rating. The firm has “Outperform” rating given on Tuesday, February 16 by RBC Capital Markets. The company was maintained on Wednesday, August 5 by Citigroup. Credit Suisse initiated the stock with “Neutral” rating in Friday, October 7 report. Keefe Bruyette & Woods maintained American International Group Inc (NYSE:AIG) rating on Wednesday, August 2. Keefe Bruyette & Woods has “Buy” rating and $7500 target. Deutsche Bank maintained the stock with “Hold” rating in Friday, March 11 report. On Monday, May 29 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”.

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