What’s American International Group Inc Upside After Today’s Bullish Options Activity?

 What's American International Group Inc Upside After Today's Bullish Options Activity?

In today’s session American International Group Inc (AIG) registered an unusually high (1,878) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious AIG increase. With 1,878 contracts traded and 9164 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: AIG180119C00067500 closed last at: $4.9 or 3% down. About 737,757 shares traded hands. American International Group Inc (NYSE:AIG) has risen 16.19% since April 18, 2016 and is uptrending. It has outperformed by 11.76% the S&P500.

American International Group Inc (NYSE:AIG) Ratings Coverage

Out of 17 analysts covering American International Group (NYSE:AIG), 10 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 59% are positive. American International Group has been the topic of 37 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of American International Group Inc (NYSE:AIG) earned “Mkt Perform” rating by FBR Capital on Friday, October 2. On Monday, November 23 the stock rating was downgraded by Standpoint Research to “Hold”. The rating was maintained by Goldman Sachs on Monday, August 8 with “Buy”. The stock has “Neutral” rating given by Credit Suisse on Tuesday, March 29. The company was maintained on Tuesday, May 10 by FBR Capital. Deutsche Bank maintained American International Group Inc (NYSE:AIG) rating on Thursday, August 11. Deutsche Bank has “Hold” rating and $61 price target. The rating was maintained by S&P Research on Wednesday, August 5 with “Buy”. The firm has “Buy” rating given on Thursday, October 29 by S&P Research. RBC Capital Markets maintained it with “Outperform” rating and $69 target price in Wednesday, August 5 report. The stock has “Market Perform” rating given by FBR Capital on Friday, February 26.

According to Zacks Investment Research, “American International Group, Inc., world leaders in insurance and financial services, is the leading international insurance organization with operations in more than one hundred thirty countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world.”

Insitutional Activity: The institutional sentiment increased to 0.58 in 2016 Q2. Its up 0.12, from 0.46 in 2016Q1. The ratio improved, as 88 funds sold all American International Group Inc shares owned while 419 reduced positions. 49 funds bought stakes while 184 increased positions. They now own 874.27 million shares or 6.79% less from 937.91 million shares in 2016Q1.
Rhumbline Advisers accumulated 0.26% or 1.67M shares. Visium Asset Mngmt L P holds 0.35% of its portfolio in American International Group Inc (NYSE:AIG) for 95,187 shares. The New York-based Bluefin Trading Llc has invested 0.06% in American International Group Inc (NYSE:AIG). Oppenheimer & holds 0.17% or 105,611 shares in its portfolio. Cna Fincl has 36,850 shares for 0.48% of their US portfolio. New Mexico Educational Retirement Board last reported 0.31% of its portfolio in the stock. The Montana-based Da Davidson & Co has invested 0.02% in American International Group Inc (NYSE:AIG). The Connecticut-based Arga Management Ltd Partnership has invested 0.36% in American International Group Inc (NYSE:AIG). Segall Bryant Hamill Limited Liability Company last reported 450,401 shares in the company. Ftb Advsr holds 0.01% of its portfolio in American International Group Inc (NYSE:AIG) for 1,857 shares. Marshall Wace Llp reported 130,241 shares or 0.06% of all its holdings. Horrell Mgmt last reported 5,000 shares in the company. Kbc Group Inc Nv has invested 0.33% of its portfolio in American International Group Inc (NYSE:AIG). The Bahamas-based Pictet Natl Bank And Tru Limited has invested 1.67% in American International Group Inc (NYSE:AIG). Washington holds 1.35% of its portfolio in American International Group Inc (NYSE:AIG) for 376,679 shares.

American International Group, Inc. is an insurance company. The company has a market cap of $65.54 billion. The Firm provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to clients in over 100 countries and jurisdictions. It has a 120.36 P/E ratio. The Firm operates through two divisions: Commercial Insurance and Consumer Insurance, as well as a Corporate and Other category.

AIG Company Profile

American International Group, Inc. (AIG), incorporated on June 9, 1967, is an insurance company. The Firm provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to clients in over 100 countries and jurisdictions. The Firm operates through two divisions: Commercial Insurance and Consumer Insurance, as well as a Corporate and Other category. Commercial Insurance has three operating divisions: Property Casualty, Mortgage Guaranty and Institutional Markets. Consumer Insurance also has three operating divisions: Retirement, Life and Personal Insurance. The Company’s Corporate and Other includes the Company, as well as certain legacy assets and run-off insurance businesses. The Firm groups its insurance-related legal entities into two categories: Non-Life Insurance Companies and Life Insurance Companies. The Company’s Non-Life Insurance Companies include property casualty and mortgage guaranty companies, including National Union Fire Insurance Company of Pittsburgh, Pa. (National Union); American Home Assurance Company (American Home); Lexington Insurance Company (Lexington); Fuji Fire and Marine Insurance Company Limited (Fuji Fire); American Home Assurance Company, Ltd. (American Home Japan); AIG Asia Pacific Insurance, Pte, Ltd.; AIG Europe Limited, and United Guaranty Residential Insurance Company (UGRIC). Life Insurance Companies include American General Life Insurance Company (American General Life); The Variable Annuity Life Insurance Company (VALIC); The United States Life Insurance Company in the City of New York (U.S. Life), and AIG Fuji Life Insurance Company Limited (Fuji Life).

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