Economy

LBA Reduced Holding in American International Group Inc (NYSE:AIG)

Orbis Allan Gray Ltd now owns 8,865,081 shares of the insurance provider's stock worth $528,182,000 after acquiring an additional 2,510,464 shares in the last quarter. (NASDAQ:SRPT), its shares were trading at $71.73 a retreat of $-4.64, on the trading floor. American International Group Inc has a 52 week low of $53.34 and a 52 week high of $67.30. (AIG) has made its way to a 12-month decline of -11.87%. It has underperformed by 23.28% the S&P500.

Adelante Capital Management Llc increased its stake in Equinix Inc. (EQIX) by 13.74% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:AIG). Windward Capital Management Co Ca has 157,940 shares. Keefe Bruyette & Woods maintained it with "Hold" rating and $27.0 target in Thursday, December 21 report. Tdam Usa Inc who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $49.11 billion market cap company. The stock decreased 0.18% or $0.75 during the last trading session, reaching $416.27. About 13.71 million shares traded or 135.76% up from the average. Equinix, Inc. (NASDAQ:EQIX) has risen 6.74% since March 29, 2017 and is uptrending. It has underperformed by 55.97% the S&P500. (NASDAQ:MB) rating on Thursday, September 28. 2,000 shares were sold by WILKE JEFFREY A, worth $2.99M on Friday, February 23. (NASDAQ:REIT) on Tuesday, January 16. 3,744 shares were sold by TAYLOR KEITH D, worth $1.47M. Campbell Michael Earl also sold $399,577 worth of Equinix, Inc. Shares for $3.24 million were sold by Zapolsky David on Thursday, February 15. Smith Stephen M sold $4.74M worth of stock. BMO Capital Markets maintained Regional Management Corp. (NYSE:RM). Second Curve Capital Ltd Liability Corporation holds 1.08M shares or 11.16% of its portfolio. It also reduced its holding in Sun Communities Inc. Comerica Bank lifted its stake in American International Group by 1.7% during the 3rd quarter.

Investors sentiment decreased to 1.33 in Q4 2017. Its down 0.09, from 0.79 in 2017Q3. It improved, as 2 investors sold Regional Management Corp. shares while 31 reduced holdings. 52 funds opened positions while 101 raised stakes. London Comm Of Virginia has invested 0% in Amazon.com, Inc. (NASDAQ:REIT). Oregon Employees Retirement Fund owns 18,031 shares. Livforsakringsbolaget Skandia Omsesidigt reported 1,150 shares or 0.05% of all its holdings. M&R Capital Management holds 0.22% or 16,105 shares. Alpine Woods Cap Limited Liability Corporation reported 127,638 shares. Jacobs Levy Equity invested in 76,026 shares or 1.56% of the stock. Sns Fincl Group Limited Liability Company holds 0.15% or 531 shares. Hedge funds and other institutional investors own 87.26% of the company's stock. (NYSE:AIG). Eagleclaw Capital Managment Ltd Llc holds 30,100 shares. (NASDAQ:REIT). 634 are held by Shelton. Commercial Bank Of America De reported 0.05% in Equinix, Inc. The hedge fund held 13,983 shares of the consumer services company at the end of 2017Q4, valued at $16.35 million, up from 10,683 at the end of the previous reported quarter. (NASDAQ:REIT) for 125,721 shares. Markston International LLC lifted its stake in shares of American International Group by 0.5% in the 4th quarter.

Among 7 analysts covering Regional Management Corporation (NYSE:RM), 2 have Buy rating, 0 Sell and 5 Hold. Credit Suisse Group set a $73.00 price target on shares of American International Group and gave the company a "buy" rating in a research report on Monday, January 22nd. J.P. Morgan upgraded Equinix, Inc. UBS has "Buy" rating and $930 target. As per Friday, November 18, the company rating was downgraded by BMO Capital Markets. Wells Fargo reissued a "buy" rating on shares of American International Group in a research note on Tuesday, January 2nd. The rating was maintained by Citigroup on Thursday, April 7 with "Neutral". Keefe Bruyette & Woods maintained the shares of AIG in report on Monday, May 29 with "Buy" rating. The stock of MINDBODY, Inc. The company was maintained on Friday, March 11 by Deutsche Bank. On Friday, February 2 the stock rating was maintained by Canaccord Genuity with "Buy".

Separately, BidaskClub cut NI from a "sell" rating to a "strong sell" rating in a report on Tuesday, December 5th. Therefore 62% are positive. Guggenheim Cap Ltd Liability Co reported 0.12% in American International Group, Inc. The stock has "Buy" rating by RBC Capital Markets on Monday, October 9. On Thursday, October 19 the stock rating was maintained by Piper Jaffray with "Hold". The rating was maintained by Goldman Sachs with "Buy" on Monday, August 8. Atlantic Securities downgraded the shares of AIG in report on Wednesday, November 4 to "Underweight" rating.

Investors sentiment decreased to 0.7 in 2017 Q4. Its down 0.09, from 0.79 in 2017Q3. 74 funds opened positions while 189 raised stakes. (AIG) failed to surprise the stock market in its last reported earnings when it earned $0.57 a piece versus the consensus-estimated $0.75. Hanson Mcclain Inc holds 0% or 47 shares in its portfolio. Mason Street Ltd Com holds 0.03% in Southwestern Energy Company (NYSE:SWN) or 252,456 shares. (NASDAQ:AMZN). Northeast Finance Consultants accumulated 2.38% or 6,112 shares. Balasa Dinverno And Foltz Limited Co accumulated 5,310 shares. Todd Asset Mngmt Llc has 0.38% invested in American International Group, Inc. (NYSE:AIG). Arrowgrass Capital Prtn (Us) Limited Partnership owns 121,868 shares. Gamco Investors Et Al invested in 0.06% or 149,276 shares. Highbridge Ltd Liability Corp accumulated 233,300 shares. Tower Research Capital Lc (Trc) reported 21,364 shares or 0.16% of all its holdings. Fmr Limited Liability owns 0.06% invested in American International Group, Inc. (NYSE:AIG). Blackrock owns 64.27M shares. Jupiter Asset Management Limited invested in 314,410 shares or 0.54% of the stock. Sva Plumb Wealth Limited invested in 0.03% or 5,000 shares. (NYSE:AIG) for 172,686 shares. Lazard Asset Llc holds 74,800 shares. American International Group had a negative net margin of 12.62% and a positive return on equity of 3.10%.

Several research firms have recently issued reports on AIG. They expect $0.22 EPS, up 22.22% or $0.04 from last year's $0.18 per share. AIG's profit will be $1.20 billion for 10.21 P/E if the $1.33 EPS becomes a reality.

In other news, insider Claudine Macartney sold 2,052 shares of the company's stock in a transaction on Thursday, February 15th.

American International Group, Inc is a global insurance company.

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