Canada Pension Plan Investment Board Has Lowered Its American Intl Group INC Com New (AIG) Position as Stock Value Declined

February 11, 2018 - By Migdalia James

Investors sentiment increased to 0.79 in Q3 2017. Its up 0.15, from 0.64 in 2017Q2. It is positive, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Ejf Limited Liability Corp reported 75,000 shares or 0.48% of all its holdings. Gardner Russo Gardner Ltd Liability Co invested in 0% or 5,735 shares. First Quadrant Limited Partnership Ca, California-based fund reported 26,200 shares. Bancorp Of Nova Scotia invested in 0.18% or 507,893 shares. Eos LP has invested 0.56% in American International Group, Inc. (NYSE:AIG). Cs Mckee LP reported 396,192 shares. Plante Moran Fincl Advsr Lc holds 0.01% in American International Group, Inc. (NYSE:AIG) or 329 shares. Lsv Asset Mgmt holds 290,298 shares or 0.03% of its portfolio. 721,505 were reported by Balyasny Asset Mgmt Lc. Mirae Asset Glob Investments Limited owns 52,394 shares or 0.06% of their US portfolio. American Assets Mngmt Ltd Liability Corp holds 20,000 shares or 0.25% of its portfolio. Parkside State Bank And Trust holds 429 shares or 0.01% of its portfolio. Moreover, Murphy Management has 0.61% invested in American International Group, Inc. (NYSE:AIG). Lazard Asset Ltd accumulated 30 shares. Loomis Sayles & Company Limited Partnership holds 0.1% of its portfolio in American International Group, Inc. (NYSE:AIG) for 731,849 shares.

Canada Pension Plan Investment Board decreased its stake in American Intl Group Inc Com New (AIG) by 5.27% based on its latest 2017Q3 regulatory filing with the SEC. Canada Pension Plan Investment Board sold 612,958 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 11.02 million shares of the finance company at the end of 2017Q3, valued at $676.45 million, down from 11.63 million at the end of the previous reported quarter. Canada Pension Plan Investment Board who had been investing in American Intl Group Inc Com New for a number of months, seems to be less bullish one the $54.14 billion market cap company. The stock increased 3.33% or $1.94 during the last trading session, reaching $60.22. About 15.13 million shares traded or 170.37% up from the average. American International Group, Inc. (NYSE:AIG) has risen 8.59% since February 11, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Canada Pension Plan Investment Board, which manages about $48.95B US Long portfolio, upped its stake in Brunswick Corp Com (NYSE:BC) by 218,000 shares to 305,400 shares, valued at $17.09 million in 2017Q3, according to the filing. It also increased its holding in Nasdaq Inc Com (NASDAQ:NDAQ) by 100,000 shares in the quarter, for a total of 100,072 shares, and has risen its stake in Intl Paper Co Com (NYSE:IP).

More notable recent American International Group, Inc. (NYSE:AIG) news were published by: Benzinga.com which released: “Bank Of America: AIG Earnings Show Improvement In US Commercial Insurance” on February 09, 2018, also Seekingalpha.com with their article: “AIG: Game Changer?” published on January 24, 2018, Nasdaq.com published: “Earnings Reaction History: American International Group, Inc., 63.6% Follow …” on February 08, 2018. More interesting news about American International Group, Inc. (NYSE:AIG) were released by: Investorplace.com and their article: “American International Group Inc Is Plagued By Core Issues” published on January 23, 2018 as well as Seekingalpha.com‘s news article titled: “American International Group (AIG) Q4 2017 Results – Earnings Call Transcript” with publication date: February 09, 2018.

American International Group, Inc. (NYSE:AIG) Ratings Coverage

Among 21 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 62% are positive. American International Group has $80.0 highest and $7 lowest target. $67.43’s average target is 11.97% above currents $60.22 stock price. American International Group had 72 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Friday, February 9. The stock of American International Group, Inc. (NYSE:AIG) has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. Deutsche Bank downgraded the stock to “Sell” rating in Monday, March 13 report. The firm has “Overweight” rating by Barclays Capital given on Friday, February 12. On Wednesday, December 6 the stock rating was upgraded by Deutsche Bank to “Hold”. The firm earned “Buy” rating on Thursday, October 5 by Keefe Bruyette & Woods. The firm earned “Sell” rating on Monday, September 11 by Buckingham Research. The stock of American International Group, Inc. (NYSE:AIG) earned “Buy” rating by Wells Fargo on Thursday, April 13. As per Tuesday, May 30, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained American International Group, Inc. (NYSE:AIG) on Tuesday, February 16 with “Outperform” rating.

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