American Tower (Reit) (AMT) Share Value Declined While Capital International LTD Upped Its Stake; Towercrest Capital Management Lifted Its American Intl Group Com New (AIG) Position by $1.06 Million as Share Price Declined

June 23, 2018 - By David King

American International Group, Inc. (NYSE:AIG) Logo

Towercrest Capital Management increased its stake in American Intl Group Inc Com New (AIG) by 14.42% based on its latest 2018Q1 regulatory filing with the SEC. Towercrest Capital Management bought 19,630 shares as the company’s stock declined 9.68% with the market. The institutional investor held 155,714 shares of the finance company at the end of 2018Q1, valued at $8.47 million, up from 136,084 at the end of the previous reported quarter. Towercrest Capital Management who had been investing in American Intl Group Inc Com New for a number of months, seems to be bullish on the $48.89B market cap company. The stock increased 0.39% or $0.21 during the last trading session, reaching $54.46. About 5.15M shares traded. American International Group, Inc. (NYSE:AIG) has declined 15.56% since June 23, 2017 and is downtrending. It has underperformed by 28.13% the S&P500. Some Historical AIG News: 07/05/2018 – Yahoo! UK: Investor Carl Icahn sells stake in AIG; 24/05/2018 – AIG SAYS ERIC ZHENG LEAVING CO. TO PURSUE OTHER OPPORTUNITIES; 02/05/2018 – AIG 1Q ADJ. ROE 7.7% VS 9.6% Y/Y; 26/03/2018 – AIG Names Ed Dandridge as Head of Marketing and Commun, General Insurance; 12/04/2018 – AIG and EY Announce Strategic Tax Compliance and Technology Agreement; 20/03/2018 – Moody’s: Rating Outlook for AIG Is Stable; 29/05/2018 – Moody’s Affirms Aig Europe’s Insurance Rating At A2, Rates Two New Entities, Stable Outlook; 27/03/2018 – AIG Also Is Shrinking Its Board, To 11 From 16​; 03/05/2018 – AIG OFFICIAL SAYS DOES NOT EXPECT ”AN IMMEDIATE CHANGE” FROM U.S. APPEALS COURT DECISION INVALIDATING U.S. DEPARTMENT OF LABOR FIDUCIARY RULE; 15/05/2018 – Icahn Carl Exits Position in AIG

Capital International Ltd increased its stake in American Tower Corp (Reit) (AMT) by 174.27% based on its latest 2018Q1 regulatory filing with the SEC. Capital International Ltd bought 27,798 shares as the company’s stock declined 4.49% with the market. The institutional investor held 43,749 shares of the real estate investment trusts company at the end of 2018Q1, valued at $6.36M, up from 15,951 at the end of the previous reported quarter. Capital International Ltd who had been investing in American Tower Corp (Reit) for a number of months, seems to be bullish on the $63.08B market cap company. The stock increased 0.80% or $1.14 during the last trading session, reaching $142.82. About 2.56 million shares traded or 13.22% up from the average. American Tower Corporation (NYSE:AMT) has risen 4.03% since June 23, 2017 and is uptrending. It has underperformed by 8.54% the S&P500.

More important recent American International Group, Inc. (NYSE:AIG) news were published by: Businesswire.com which released: “AM Best Affirms Credit Ratings of American International Group, Inc. and Certain Subsidiaries” on June 20, 2018, also Livetradingnews.com published article titled: “American International Group, Inc. (NYSE:AIG) Heffx Technical Analysis”, 247Wallst.com published: “Why GE’s Dow Jones Industrial Average Removal May Be Biggest Buy Sign Ever” on June 21, 2018. More interesting news about American International Group, Inc. (NYSE:AIG) was released by: Seekingalpha.com and their article: “AIG to buy UK group life specialist Ellipse from Munich Re” with publication date: June 20, 2018.

Since February 15, 2018, it had 2 buys, and 2 sales for $47,270 activity. LEONARDI THOMAS B bought 2,500 shares worth $128,875. Macia Seraina sold $209,164 worth of stock or 3,503 shares. Macartney Claudine sold $122,320 worth of American International Group, Inc. (NYSE:AIG) on Thursday, February 15.

Investors sentiment increased to 1 in Q1 2018. Its up 0.30, from 0.7 in 2017Q4. It increased, as 66 investors sold AIG shares while 249 reduced holdings. 90 funds opened positions while 226 raised stakes. 749.06 million shares or 0.24% more from 747.27 million shares in 2017Q4 were reported. 15,940 are held by Bbva Compass Financial Bank. Hudock Capital Group Ltd Liability Corp invested in 0.01% or 525 shares. 4,652 are held by Smithfield Tru. Employees Retirement Systems Of Texas owns 238,200 shares. Windward Capital Ca stated it has 1.25% of its portfolio in American International Group, Inc. (NYSE:AIG). Mcrae Capital Mngmt reported 9,125 shares stake. Asset Incorporated, New York-based fund reported 5,974 shares. High Pointe Ltd Liability Co stated it has 1.54% in American International Group, Inc. (NYSE:AIG). Regentatlantic Ltd Liability Corp invested 0.07% in American International Group, Inc. (NYSE:AIG). Savant Cap Limited Liability owns 9,702 shares. 423,239 are held by Amp Investors. Arete Wealth Advsrs Limited Liability holds 0.28% of its portfolio in American International Group, Inc. (NYSE:AIG) for 15,404 shares. Utd Serv Automobile Association has 0.1% invested in American International Group, Inc. (NYSE:AIG). Adage Prtn Gru Limited Liability Company has 0.15% invested in American International Group, Inc. (NYSE:AIG). Wall Street Access Asset Mgmt Ltd Limited Liability Company invested in 5,384 shares or 0.4% of the stock.

Among 22 analysts covering American International Group (NYSE:AIG), 15 have Buy rating, 1 Sell and 6 Hold. Therefore 68% are positive. American International Group had 83 analyst reports since August 5, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, February 20 report. The rating was maintained by FBR Capital with “Mkt Perform” on Tuesday, May 10. Morgan Stanley maintained American International Group, Inc. (NYSE:AIG) on Friday, May 4 with “Overweight” rating. As per Wednesday, August 5, the company rating was maintained by FBR Capital. Buckingham Research upgraded the shares of AIG in report on Friday, April 27 to “Neutral” rating. The stock of American International Group, Inc. (NYSE:AIG) has “Hold” rating given on Wednesday, December 6 by Deutsche Bank. The stock of American International Group, Inc. (NYSE:AIG) earned “Market Perform” rating by BMO Capital Markets on Monday, August 22. The stock of American International Group, Inc. (NYSE:AIG) earned “Neutral” rating by Credit Suisse on Friday, October 7. The stock has “Hold” rating by Standpoint Research on Monday, November 23. The firm has “Mkt Perform” rating given on Monday, November 28 by FBR Capital.

Capital International Ltd, which manages about $558.23M US Long portfolio, decreased its stake in Deere And Co (NYSE:DE) by 4,342 shares to 46,106 shares, valued at $7.16M in 2018Q1, according to the filing. It also reduced its holding in Cbs Corp Cl B N/V (NYSE:CBS) by 7,100 shares in the quarter, leaving it with 13,196 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

Investors sentiment decreased to 1.18 in Q1 2018. Its down 0.07, from 1.25 in 2017Q4. It dropped, as 49 investors sold AMT shares while 291 reduced holdings. 94 funds opened positions while 308 raised stakes. 389.87 million shares or 3.17% more from 377.89 million shares in 2017Q4 were reported. Financial Bank Of Ny Mellon Corporation reported 4.10 million shares stake. Moreover, Quadrant Ltd Liability Co has 0.98% invested in American Tower Corporation (NYSE:REIT) for 9,120 shares. The California-based Adelante Capital Ltd Liability Corporation has invested 2.17% in American Tower Corporation (NYSE:REIT). Comm National Bank & Trust holds 0.03% in American Tower Corporation (NYSE:REIT) or 17,690 shares. Eii Capital accumulated 0.06% or 757 shares. 21,817 are owned by Washington Trust Bancorporation. Retirement Of Alabama has invested 0.31% in American Tower Corporation (NYSE:REIT). Ptnrs Grp Ag invested in 2.43% or 148,500 shares. Moreover, Bruni J V has 7.43% invested in American Tower Corporation (NYSE:REIT). Matarin Management Limited Liability Corporation reported 23,138 shares stake. Pinnacle Finance Partners holds 25,015 shares. Duncker Streett And Com Incorporated holds 0% or 39 shares in its portfolio. Parsons Mngmt Inc Ri has 1.04% invested in American Tower Corporation (NYSE:REIT) for 61,330 shares. Westover accumulated 2.2% or 27,754 shares. 41,200 are held by Andra Ap.

American International Group, Inc. (NYSE:AIG) Institutional Positions Chart

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