Norman Fields Gottscho Capital Management adds American International Group Inc (AIG) to its portfolio

American International Group Inc (AIG) : Norman Fields Gottscho Capital Management added new position in American International Group Inc during the most recent quarter end. The investment management firm now holds 3,500 shares of American International Group Inc which is valued at $209,650 , the company said in a statement filed on Oct 4, 2016 with the SEC.American International Group Inc makes up approximately 0.14% of Norman Fields Gottscho Capital Management’s portfolio.

Other Hedge Funds, Including , Eqis Capital Management boosted its stake in AIG in the latest quarter, The investment management firm added 240 additional shares and now holds a total of 8,092 shares of American International Group Inc which is valued at $484,711. American International Group Inc makes up approx 0.03% of Eqis Capital Management’s portfolio.Beacon Financial Group reduced its stake in AIG by selling 485 shares or 9.69% in the most recent quarter. The Hedge Fund company now holds 4,518 shares of AIG which is valued at $270,628. American International Group Inc makes up approx 0.06% of Beacon Financial Group’s portfolio.

American International Group Inc opened for trading at $58.82 and hit $59.26 on the upside on Tuesday, eventually ending the session at $59.08, with a gain of 0.27% or 0.16 points. The heightened volatility saw the trading volume jump to 59,90,138 shares. Company has a market cap of $63,255 M.

On the company’s financial health, American International Group Inc reported $0.98 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.94.Analysts expectations of $ 13096.15.During the same quarter in the previous year, the company posted $1.39 EPS.

Many Wall Street Analysts have commented on American International Group Inc. Company shares were Reiterated by Deutsche Bank on Aug 11, 2016 to “Hold”, Firm has raised the Price Target to $ 61 from a previous price target of $59 .Company shares were Reiterated by Deutsche Bank on Aug 3, 2016 to “Hold”, Firm has raised the Price Target to $ 59 from a previous price target of $58 .

American International Group Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance life insurance retirement products mortgage insurance and other financial services. Its various offerings include products and services that help businesses and individuals protect their assets manage risks and provide for retirement security. The Company’s AIG Global Benefits Network provides administrative and marketing services to insurance companies offering benefit solutions to multinational employers. AIG Global Benefits Network can develop global benefit plan solutions for multinational clients by tapping the coverage options offered by carriers throughout the network. AIG operates through two segments: Commercial Insurance and Consumer Insurance. Commercial Insurance is a provider of insurance products and services for commercial and institutional customers.

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