American International Group (AIG) Lifted to "Buy" at Bank of America

According to today's trading volume American International Group, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. It also upped Gilead Sciences Inc (NASDAQ:GILD) stake by 77,700 shares and now owns 578,800 shares.

American International Group, Inc is a global insurance company.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -2.95%, and has a solid year to date (YTD) performance of 1.07% which means that the stock is constantly adding to its value from the previous fiscal year end price. About 15.13 million shares traded or 170.37% up from the average. American International Group presently has a consensus rating of "Hold" and a consensus price target of $66.87. (NYSE:AIG) has risen 8.59% since February 11, 2017 and is uptrending. Networks, International Networks, and Education and Other divisions.

Among 21 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 48% are positive. Zacks Investment Research cut shares of American International Group from a "hold" rating to a "sell" rating in a report on Monday, October 30th. The firm has "Neutral" rating given on Friday, February 12 by Credit Suisse. Barclays Capital maintained the shares of C in report on Tuesday, January 3 with "Overweight" rating. The company operates in the Financial Services sector with a market capitalization of 54.72 Million. The ex-dividend date is Wednesday, March 14th. The rating was maintained by S&P Research on Wednesday, August 5 with "Buy". The rating was maintained by Keefe Bruyette & Woods on Monday, May 29 with "Buy". (NYSE:AIG). Amalgamated Commercial Bank reported 104,096 shares.

The return on invested capital is at 0.4%, which is good, compared to its peers. Its up 0.25, from 1.1 in 2017Q2. It is positive, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 1,134 were reported by Exane Derivatives. (NYSE:AIG). Wetherby Asset Mngmt stated it has 16,514 shares or 0.15% of all its holdings. American International Group has a twelve month low of $57.85 and a twelve month high of $67.30. (NYSE:AIG) closed its last session at $60.22. Gemmer Asset Mgmt Ltd Company, California-based fund reported 779 shares. Nine Masts Capital has invested 0.28% in American International Group, Inc. (NYSE:C). Profund Advsr Limited Liability has invested 0.3% of its portfolio in Citigroup Inc. (NYSE:AIG) for 488,065 shares. Eagle Glob Advisors Ltd Co has 0.28% invested in American International Group, Inc. Share performance for the month is now at -1.28%. American International Group's dividend payout ratio (DPR) is -18.63%. Gardner Russo Gardner Limited Com has 5,735 shares. Cambridge Trust Com holds 43,101 shares.

Since January 1, 0001, it had 3 insider buys, and 1 sale for $10.39 million activity. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The firm now has $58.28 price target on the insurance provider's stock, down from their prior price target of $59.40. The stock has "Hold" rating by Deutsche Bank on Friday, March 11. The company was upgraded on Tuesday, March 22 by Atlantic Securities. The rating was downgraded by Moffett Nathanson to "Sell" on Tuesday, September 27. The stock of Discovery Communications, Inc. As per Friday, October 7, the company rating was initiated by Credit Suisse. The rating was downgraded by Bank of America to "Neutral" on Friday, November 3. The rating was maintained by FBR Capital on Wednesday, November 2 with "Mkt Perform". The firm earned "Buy" rating on Monday, November 13 by RBC Capital Markets. (NYSE:AIG). Philadelphia Tru holds 0.88% or 174,608 shares in its portfolio. About 6.30 million shares traded or 70.97% up from the average.

Analysts believe that the company has the potential to earn average revenue of $11.9 Billion for the current quarter. The New York-based United States Steel & Carnegie Pension Fund has invested 2.82% in the stock. Hawkins Lp reported 158,900 shares.

Analysts await Discovery Communications, Inc. (NASDAQ:DISCA) to report earnings on February, 13. They expect $0.38 EPS, down 32.14% or $0.18 from last year's $0.56 per share. DISCA's profit will be $237.04 million for 14.88 P/E if the $0.38 EPS becomes a reality. The insurance provider reported $0.57 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.75 by ($0.18). The stock increased 2.85% or $4.58 during the last trading session, reaching $165.2. Dimensional Fund Advisors LP accumulated 6.05M shares. Discovery Communications, Inc. (DISCA) has declined 0.88% since February 11, 2017 and is downtrending.

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