The shares of American International Group, Inc. (NYSE:AIG) has been pegged with a rating of In-line by Evercore ISI in its latest research note that was published on November 7th, 2018. Evercore ISI wasn’t the only research firm that published a report of American International Group, Inc., with other equities research analysts also giving their opinion on the stock. Deutsche Bank advised investors in its research note published on October 22nd, 2018, to Hold the AIG stock while also putting a $52 price target. The stock had earned Neutral rating from JP Morgan when it published its report on May 25th, 2018. That day the JP Morgan set price target on the stock to $63. The stock was given Buy rating by Goldman in its report released on May 10th, 2018. Buckingham Research was of a view that AIG is Neutral in its latest report on April 27th, 2018. Barclays thinks that AIG is worth Overweight rating. This was contained in the firm’s report on February 20th, 2018 in which the stock’s price target was also moved to $71.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $55.80. The price of the stock the last time has raised by 0.31% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 26.53.
The shares of the company dipped by -3.34% during the trading session on Thursday, reaching a low of $38.5 while ending the day at $39.41. During the trading session, a total of 14.28 million shares were traded which represents a -102.62% decline from the average session volume which is 7.05M shares. AIG had ended its last session trading at 40.77. American International Group, Inc. currently has a market cap of $35.02B, while its P/E ratio stands at 54.58, while its P/E earnings growth sits at 0.73, with a beta of 1.50. American International Group, Inc. debt-to-equity ratio currently stands at 0.59, while its quick ratio hovers at . AIG 52-week low price stands at $39.29 while its 52-week high price is $65.05.
The company in its last quarterly report recorded -$0.34 earnings per share which is below the $0.06 predicted by most analysts. The American International Group, Inc. generated $11,486.00 million in revenue during the last quarter, which is slightly lower than the $12,443.50 million predicted by analysts. In the second quarter last year, the firm recorded $1.05 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 408.82%. American International Group, Inc. has the potential to record 0.72 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Evercore ISI published a research note on November 15th, 2018 where it informed investors and clients that Kimco Realty Corporation (NYSE:KIM) is now rated as In-line. Deutsche Bank also rated KIM as Reiterated on October 22nd, 2018, with its price target of $52 suggesting that KIM could down by -0.41% from its current share price. Even though the stock has been trading at $16.21/share, analysts expect it to surge higher by 5.31% to reach $17.00/share. It started the day trading at $17.09 and traded between $16.02 and $17.07 throughout the trading session.
A look at its technical shows that KIM’s 50-day SMA is 15.79 while its 200-day SMA stands at 15.73. The stock has a high of $19.11 for the year while the low is $13.16. The company’s P/E ratio currently sits at 32.33, while the P/B ratio is 1.33. The company’s average trading volume currently stands at 3.76M shares, which means that the short-interest ratio is just 3.44 days. Over the past seven days, the company moved, with its shift of 7.16%. Looking further, the stock has dropped -2.35% over the past 90 days while it gained 4.85% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more KIM shares, decreasing its portfolio by -0.24% during the last quarter. This move now sees The Vanguard Group Inc selling -157,835 shares in the last quarter, thus it now holds 64,583,366 shares of KIM, with a total valuation of $1,039,146,359. BlackRock Fund Advisors meanwhile bought more KIM shares in the recently filed quarter, changing its stake to $462,331,251 worth of shares. SSgA Funds Management Inc followed the path by increasing its KIM portfolio by +2.92% in the quarter. This means that SSgA Funds Management Inc bought 705,201 shares in the last quarter and now controls 24,833,321 shares of the KIM stock, with the valuation hitting $399,568,135.
Similarly, BNY Mellon Asset Management North increased its Kimco Realty Corporation shares by +20.88% during the recently filed quarter. After buying 2,312,838 shares in the last quarter, the firm now controls 13,388,234 shares of Kimco Realty Corporation which are valued at $215,416,685. In the same vein, Capital Research Management Co increased its Kimco Realty Corporation shares by during the most recent reported quarter. The firm bought 9,059 shares during the quarter which increased its stakes to 9,553,059 shares and is now valued at $153,708,719. Following these latest developments, around 0.10% of Kimco Realty Corporation stocks are owned by institutional investors and hedge funds.