American International Intrinsic Stock Value – Nuveen Asset Management LLC Unloads 534,169 Shares of American International Group, Inc
December 6, 2023
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AMERICAN ($NYSE:AIG): AIG is a major player in the insurance industry, offering products such as life insurance, property and casualty insurance, retirement services, annuities, investments, and residential mortgage insurance.
Price History
On Tuesday, shares of American International Group, Inc (AIG) opened at 65.8 and closed at 65.9, representing a slight decrease of 0.2% from the prior day’s closing price of 66.0. The news of Nuveen Asset Management LLC unloading their shares in AIG did not have any significant impact on the company’s stock prices, despite the fact that Nuveen is a major investor in AIG. However, it is likely that this move could lead to an increased investor confidence in the company, as it reflects the company’s commitment to enhancing shareholder value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for American International. More…
| Total Revenues | Net Income | Net Margin |
| 51.03k | 4.12k | 8.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for American International. More…
| Operations | Investing | Financing |
| 4.86k | -5.43k | 604 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for American International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 521.52k | 478.31k | 56.95 |
Key Ratios Snapshot
Some of the financial key ratios for American International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.6% | – | 14.0% |
| FCF Margin | ROE | ROA |
| 9.5% | 10.8% | 0.9% |
Analysis – American International Intrinsic Stock Value
At GoodWhale, we have thoroughly evaluated the fundamentals of AMERICAN INTERNATIONAL. Our proprietary Valuation Line puts the fair value of the stock at around $59.2. This means that the current trading price of $65.9 is overvalued by 11.3%. We believe that investors should take caution when considering the purchase of AMERICAN INTERNATIONAL shares at this price. More…
Peers
Its competitors include Old Republic International Corp, UNIQA Insurance Group AG, and Zavarovalnica Triglav DD.
– Old Republic International Corp ($NYSE:ORI)
Old Republic International Corp is a holding company that operates in three segments: Insurance Group, Title Insurance Group, and the Commercial Group. The Insurance Group offers property and casualty insurance products, such as automobile and homeowners insurance, to individuals and businesses in the United States. The Title Insurance Group provides title insurance and related real estate products and services in the United States. The Commercial Group offers a range of products and services, including surety bonds, commercial credit insurance, and commercial title insurance.
– UNIQA Insurance Group AG ($LTS:0GDR)
UNIQA Insurance Group AG is one of the leading insurance groups in Austria and Central and Eastern Europe with a market share of around 15 per cent. The Group is represented in more than 20 countries with around 9,000 employees. In the 2019 financial year, UNIQA generated gross premiums written of EUR 5.6 billion. UNIQA Group is part of UNIQA Insurance Group AG.
– Zavarovalnica Triglav DD ($LTS:0KFO)
Triglav is the largest Slovenian insurance company and one of the leading insurers in the Adriatic region. It has been operating for over 125 years and offers a wide range of insurance products for individuals, families and businesses. Triglav is also active in the field of asset management. The company’s share is listed on the Prague and Ljubljana Stock Exchanges.
Triglav’s market capitalization is 726.75 million as of 2022. The company’s return on equity is 10.44%. Triglav is a leading insurer in the Adriatic region with a wide range of insurance products for individuals, families and businesses. The company is also active in asset management.
Summary
AIG is a major insurance and financial services provider, although the majority of its business comes from the insurance side. Analysts suggest that this sell may indicate that there may be some underlying concerns about the company’s ability to navigate a continuously changing landscape of regulation and competition.
In addition, some point to the repatriation of capital back to the United States as a possible factor that could affect AIG’s profits. Despite these developments, AIG continues to be well-positioned for growth, with a strong balance sheet and strong fundamentals. Investors should keep an eye on AIG’s stock as it has significant upside potential.
