What’s in American International Group Inc After Today’s Bearish Options Activity?

 What's in American International Group Inc After Today's Bearish Options Activity?

In today’s session American International Group Inc (AIG) recorded an unusually high (1,532) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious AIG decrease. With 1,532 contracts traded and 91644 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: AIG170120P00052500 closed last at: $0.23 or 4.2% down. About 2.74 million shares traded hands. American International Group Inc (NYSE:AIG) has risen 15.17% since April 25, 2016 and is uptrending. It has outperformed by 9.16% the S&P500.

Analysts await American International Group Inc (NYSE:AIG) to report earnings on February, 9. They expect $1.24 EPS, up 212.73% or $2.34 from last year’s $-1.1 per share. AIG’s profit will be $1.28B for 12.83 P/E if the $1.24 EPS becomes a reality. After $1.00 actual EPS reported by American International Group Inc for the previous quarter, Wall Street now forecasts 24.00% EPS growth.

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 38 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of American International Group Inc (NYSE:AIG) has “Buy” rating given on Tuesday, January 19 by Standpoint Research. As per Friday, February 12, the company rating was maintained by Credit Suisse. Standpoint Research downgraded the shares of AIG in a report on Monday, November 23 to “Hold” rating. The rating was downgraded by William Blair on Wednesday, February 3 to “Market Perform”. The rating was maintained by RBC Capital Markets on Tuesday, February 16 with “Outperform”. S&P Research maintained the stock with “Buy” rating in Wednesday, August 5 report. Credit Suisse initiated American International Group Inc (NYSE:AIG) on Friday, October 7 with “Neutral” rating. The rating was maintained by Deutsche Bank on Thursday, August 11 with “Hold”. The stock has “Overweight” rating given by Barclays Capital on Friday, February 12. Keefe Bruyette & Woods upgraded the stock to “Outperform” rating in Tuesday, December 15 report.

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 Q2 2016. 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.
Mackenzie Fincl last reported 6.66 million shares in the company. Aviance Capital Prns Limited Liability Co holds 5,000 shares or 0.1% of its portfolio. Parkside Bancshares & last reported 0% of its portfolio in the stock. The Guernsey-based Bluecrest Ltd has invested 0.53% in American International Group Inc (NYSE:AIG). Moreover, National Planning has 0.03% invested in American International Group Inc (NYSE:AIG) for 7,927 shares. Blackrock Grp Limited, a United Kingdom-based fund reported 9.33M shares. Ameritas Investment has invested 0.08% of its portfolio in American International Group Inc (NYSE:AIG). Silver Point Cap L P has 2.14M shares for 12.8% of their US portfolio. Windward Management Com Ca last reported 0.95% of its portfolio in the stock. Cubist Systematic Strategies Limited Liability Co owns 42,941 shares or 0.13% of their US portfolio. Washington Tru accumulated 1.35% or 376,679 shares. The Ohio-based Strs Ohio has invested 0.23% in American International Group Inc (NYSE:AIG). Moreover, Gendell Jeffrey L has 0.29% invested in American International Group Inc (NYSE:AIG) for 26,710 shares. The Pennsylvania-based Peoples Fincl Serv has invested 0% in American International Group Inc (NYSE:AIG). Busey Comm has invested 0.21% of its portfolio in American International Group Inc (NYSE:AIG).

American International Group, Inc. is an insurance company. The company has a market cap of $65.47 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 119.61 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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