Quotient Wealth Partners LLC Has $371,000 Stock Position in American International Group, Inc. (NYSE:AIG)

Quotient Wealth Partners LLC decreased its holdings in American International Group, Inc. (NYSE:AIG) by 21.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,097 shares of the insurance provider’s stock after selling 1,426 shares during the period. Quotient Wealth Partners LLC’s holdings in American International Group were worth $371,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AIG. True Wealth Design LLC bought a new stake in American International Group in the 3rd quarter valued at about $29,000. Fortitude Family Office LLC lifted its holdings in shares of American International Group by 58.3% during the 4th quarter. Fortitude Family Office LLC now owns 570 shares of the insurance provider’s stock worth $41,000 after acquiring an additional 210 shares during the period. Continuum Advisory LLC increased its stake in American International Group by 60.7% in the third quarter. Continuum Advisory LLC now owns 548 shares of the insurance provider’s stock valued at $42,000 after acquiring an additional 207 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of American International Group in the 3rd quarter valued at $46,000. Finally, NBC Securities Inc. boosted its stake in American International Group by 241.6% in the third quarter. NBC Securities Inc. now owns 673 shares of the insurance provider’s stock valued at $49,000 after buying an additional 476 shares in the last quarter. 90.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AIG. JPMorgan Chase & Co. decreased their target price on shares of American International Group from $89.00 to $83.00 and set an “overweight” rating on the stock in a research note on Friday, January 3rd. Keefe, Bruyette & Woods decreased their price objective on American International Group from $88.00 to $87.00 and set an “outperform” rating for the company in a report on Tuesday, November 12th. UBS Group upped their target price on American International Group from $84.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Wells Fargo & Company raised their price target on shares of American International Group from $76.00 to $77.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 14th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $79.00 price objective (down from $83.00) on shares of American International Group in a research note on Wednesday, January 8th. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $84.13.

American International Group Stock Performance

Shares of AIG opened at $74.69 on Monday. The stock has a 50-day moving average of $73.44 and a 200-day moving average of $74.48. American International Group, Inc. has a one year low of $67.96 and a one year high of $80.83. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market cap of $46.59 billion, a PE ratio of -22.03, a P/E/G ratio of 5.87 and a beta of 1.05.

About American International Group

American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.