Varma Mutual Pension Insurance Co increased its stake in American International Group (AIG) by 21.9% in Q3, now holding 141,330 shares valued at $11.1 million, contributing to institutional ownership of 90.6%. AIG surpassed Q4 EPS estimates with $1.96 but missed revenue, and announced a quarterly dividend of $0.45. Despite several analysts raising price targets, the stock maintains a consensus “Hold” rating with an average target of $87.32.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
American International Group, Inc. $AIG Stock Holdings Boosted by Varma Mutual Pension Insurance Co
Varma Mutual Pension Insurance Co increased its stake in American International Group (AIG) by 21.9% in Q3, now holding 141,330 shares valued at $11.1 million, contributing to institutional ownership of 90.6%. AIG surpassed Q4 EPS estimates with $1.96 but missed revenue, and announced a quarterly dividend of $0.45. Despite several analysts raising price targets, the stock maintains a consensus “Hold” rating with an average target of $87.32.