Suncor Energy New (SU) Shareholder Nexus Investment Management Trimmed Its Holding by $355,464; American Intl Group (AIG) Share Value Declined While Beaumont Financial Partners Has Decreased Its Stake

May 26, 2018 - By Peter Erickson

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

Nexus Investment Management Inc decreased its stake in Suncor Energy Inc New (SU) by 2.14% based on its latest 2017Q4 regulatory filing with the SEC. Nexus Investment Management Inc sold 9,874 shares as the company’s stock declined 2.02% with the market. The institutional investor held 451,840 shares of the integrated oil company at the end of 2017Q4, valued at $16.66M, down from 461,714 at the end of the previous reported quarter. Nexus Investment Management Inc who had been investing in Suncor Energy Inc New for a number of months, seems to be less bullish one the $63.83B market cap company. The stock decreased 3.12% or $1.26 during the last trading session, reaching $39.17. About 3.73 million shares traded or 9.50% up from the average. Suncor Energy Inc. (NYSE:SU) has risen 13.82% since May 26, 2017 and is uptrending. It has outperformed by 2.27% the S&P500.

Beaumont Financial Partners Llc decreased its stake in American Intl Group Inc (AIG) by 10.4% based on its latest 2017Q4 regulatory filing with the SEC. Beaumont Financial Partners Llc sold 20,035 shares as the company’s stock declined 9.32% with the market. The institutional investor held 172,686 shares of the finance company at the end of 2017Q4, valued at $10.29M, down from 192,721 at the end of the previous reported quarter. Beaumont Financial Partners Llc who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $47.85 billion market cap company. The stock decreased 0.76% or $0.41 during the last trading session, reaching $53.3. About 2.88 million shares traded. American International Group, Inc. (NYSE:AIG) has declined 11.73% since May 26, 2017 and is downtrending. It has underperformed by 23.28% the S&P500.

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. As per Thursday, April 13, the company rating was maintained by Wells Fargo. On Tuesday, February 16 the stock rating was maintained by RBC Capital Markets with “Outperform”. RBC Capital Markets maintained it with “Buy” rating and $73.0 target in Monday, November 13 report. The rating was maintained by Argus Research with “Buy” on Wednesday, August 5. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. The rating was maintained by S&P Research on Wednesday, August 5 with “Buy”. Wells Fargo maintained the shares of AIG in report on Monday, February 26 with “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Thursday, August 3. As per Tuesday, December 15, the company rating was upgraded by Keefe Bruyette & Woods. Wells Fargo maintained the shares of AIG in report on Friday, April 21 with “Buy” rating.

Since February 15, 2018, it had 2 insider buys, and 2 sales for $47,270 activity. $128,875 worth of American International Group, Inc. (NYSE:AIG) was bought by LEONARDI THOMAS B on Friday, May 4. The insider Macia Seraina sold 3,503 shares worth $209,164. Macartney Claudine sold $122,320 worth of American International Group, Inc. (NYSE:AIG) on Thursday, February 15.

More notable recent American International Group, Inc. (NYSE:AIG) news were published by: Benzinga.com which released: “Goldman Turns Bullish On AIG Ahead Of Projected Q4 Catalyst” on May 10, 2018, also Seekingalpha.com with their article: “Icahn throws in the towel in AIG” published on May 07, 2018, Seekingalpha.com published: “The Dangers Of Portfolio Concentration” on May 26, 2018. More interesting news about American International Group, Inc. (NYSE:AIG) were released by: Streetinsider.com and their article: “JPMorgan Reinstates American International Group (AIG) at Neutral Citing Balanced Risk/Reward” published on May 25, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: AIG, Baxter, Cisco, Eiger Bio, Energy Transfer, Juniper, NOV, Phillips 66 …” with publication date: May 17, 2018.

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.09, from 0.79 in 2017Q3. It turned negative, as 85 investors sold AIG shares while 290 reduced holdings. 74 funds opened positions while 189 raised stakes. 747.27 million shares or 0.10% less from 748.00 million shares in 2017Q3 were reported. 57,465 were accumulated by Beech Hill Advsrs Incorporated. Ifc Hldgs Fl stated it has 0.02% of its portfolio in American International Group, Inc. (NYSE:AIG). Element Lc has invested 0.47% in American International Group, Inc. (NYSE:AIG). Bowling Portfolio Management Ltd Liability Company reported 0.17% in American International Group, Inc. (NYSE:AIG). Cleararc Capital invested 0.19% of its portfolio in American International Group, Inc. (NYSE:AIG). Cubist Systematic Strategies Lc holds 0.08% in American International Group, Inc. (NYSE:AIG) or 25,501 shares. Kirr Marbach Commerce Ltd In owns 222,285 shares for 2.66% of their portfolio. Sol Capital Mngmt holds 26,774 shares or 0.46% of its portfolio. Beaumont Prns Limited Company holds 1.21% or 172,686 shares. 22,640 were accumulated by Telemus Ltd Liability. Mutual Of America Capital Llc holds 0.15% or 163,615 shares in its portfolio. Mason Street Ltd holds 0.17% of its portfolio in American International Group, Inc. (NYSE:AIG) for 125,218 shares. Finance Advisers Lc has 242,522 shares for 0.11% of their portfolio. City Hldgs invested 0.01% in American International Group, Inc. (NYSE:AIG). Point72 Asia (Hong Kong) Ltd, Hong Kong-based fund reported 20 shares.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on August, 1. They expect $1.26 EPS, down 17.65% or $0.27 from last year’s $1.53 per share. AIG’s profit will be $1.13B for 10.58 P/E if the $1.26 EPS becomes a reality. After $1.04 actual EPS reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts 21.15% EPS growth.

Beaumont Financial Partners Llc, which manages about $2.17 billion and $853.24M US Long portfolio, upped its stake in Ishares Tr (IWD) by 10,615 shares to 13,618 shares, valued at $1.69M in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (MUB) by 5,050 shares in the quarter, for a total of 74,910 shares, and has risen its stake in Ishares Tr (EEM).

Analysts await Suncor Energy Inc. (NYSE:SU) to report earnings on July, 25. They expect $0.47 earnings per share, up 422.22% or $0.38 from last year’s $0.09 per share. SU’s profit will be $765.88 million for 20.84 P/E if the $0.47 EPS becomes a reality. After $0.48 actual earnings per share reported by Suncor Energy Inc. for the previous quarter, Wall Street now forecasts -2.08% negative EPS growth.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>