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As American International Group (AIG) Stock Price Declined, Holder Markston International Has Upped Its Stake; Johnson Investment Counsel Stake in Red Hat (RHT) Cut by $1.47 Million as Market Valuation Rose

Markston International Llc increased its stake in American International Group (AIG) by 7.03% based on its latest 2017Q3 regulatory filing with the SEC. Markston International Llc bought 11,889 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 181,061 shares of the finance company at the end of 2017Q3, valued at $11.12M, up from 169,172 at the end of the previous reported quarter. Markston International Llc who had been investing in American International Group for a number of months, seems to be bullish on the $55.19 billion market cap company. The stock decreased 0.05% or $0.03 during the last trading session, reaching $61.39. About 1.61 million shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since January 18, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Johnson Investment Counsel Inc decreased its stake in Red Hat Inc. (RHT) by 44.15% based on its latest 2017Q3 regulatory filing with the SEC. Johnson Investment Counsel Inc sold 13,342 shares as the company’s stock rose 4.33% with the market. The institutional investor held 16,877 shares of the technology company at the end of 2017Q3, valued at $1.87 million, down from 30,219 at the end of the previous reported quarter. Johnson Investment Counsel Inc who had been investing in Red Hat Inc. for a number of months, seems to be less bullish one the $22.17B market cap company. The stock decreased 1.04% or $1.32 during the last trading session, reaching $125.28. About 417,713 shares traded. Red Hat, Inc. (NYSE:RHT) has risen 18.97% since January 18, 2017 and is uptrending. It has outperformed by 2.27% the S&P500.

Johnson Investment Counsel Inc, which manages about $8.19B and $3.78 billion US Long portfolio, upped its stake in Mc Cormick And Company (NYSE:MKC) by 22,150 shares to 26,559 shares, valued at $2.73 million in 2017Q3, according to the filing. It also increased its holding in Ingredion Incorporated (NYSE:INGR) by 131,294 shares in the quarter, for a total of 137,738 shares, and has risen its stake in Class B.

Investors sentiment decreased to 1.23 in Q3 2017. Its down 0.02, from 1.25 in 2017Q2. It dropped, as 43 investors sold RHT shares while 154 reduced holdings. 65 funds opened positions while 177 raised stakes. 157.62 million shares or 0.16% less from 157.87 million shares in 2017Q2 were reported. Conning invested in 0.02% or 4,369 shares. Louisiana State Employees Retirement, Louisiana-based fund reported 11,100 shares. Oakbrook Investments Ltd Liability Co accumulated 13,775 shares. Intrust Bancorporation Na holds 2,120 shares. Zweig has 0.04% invested in Red Hat, Inc. (NYSE:RHT). First Quadrant Lp Ca has 0.34% invested in Red Hat, Inc. (NYSE:RHT). Moreover, Glenmede Na has 0% invested in Red Hat, Inc. (NYSE:RHT) for 2,920 shares. Shine Invest Advisory Services Inc owns 1,188 shares or 0.07% of their US portfolio. Sheets Smith Wealth Mngmt reported 2,850 shares or 0.08% of all its holdings. Norinchukin Natl Bank The has invested 0.03% in Red Hat, Inc. (NYSE:RHT). Gofen Glossberg Limited Liability Corporation Il invested in 0.17% or 40,147 shares. De Burlo Group Inc accumulated 7,100 shares or 0.17% of the stock. Telemark Asset Mngmt Ltd Liability Corp owns 100,000 shares. Guggenheim stated it has 0.19% of its portfolio in Red Hat, Inc. (NYSE:RHT). Piedmont Invest Advsrs Ltd stated it has 0.11% in Red Hat, Inc. (NYSE:RHT).

Among 34 analysts covering Red Hat (NYSE:RHT), 25 have Buy rating, 1 Sell and 8 Hold. Therefore 74% are positive. Red Hat had 111 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Tuesday, June 20. KeyBanc Capital Markets maintained Red Hat, Inc. (NYSE:RHT) on Monday, December 4 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, December 20. Credit Suisse maintained it with “Buy” rating and $88 target in Tuesday, September 22 report. The rating was maintained by Jefferies with “Hold” on Friday, August 25. BMO Capital Markets maintained Red Hat, Inc. (NYSE:RHT) rating on Tuesday, March 28. BMO Capital Markets has “Market Perform” rating and $90 target. The firm has “Hold” rating by BMO Capital Markets given on Monday, August 14. The firm has “Buy” rating given on Wednesday, June 21 by Oppenheimer. The firm earned “Buy” rating on Wednesday, December 20 by RBC Capital Markets. The company was maintained on Thursday, March 30 by IBC.

Investors sentiment increased to 0.79 in 2017 Q3. Its up 0.15, from 0.64 in 2017Q2. It improved, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Westchester Cap Mngmt Ltd Co accumulated 868,600 shares. 52,619 were reported by Buckhead Capital Mgmt Limited Liability. Commerzbank Aktiengesellschaft Fi holds 146,026 shares. Mcf Advsrs Limited Liability Company accumulated 0.01% or 1,134 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest, a Alberta – Canada-based fund reported 77,197 shares. World Asset Mgmt invested in 0.18% or 88,570 shares. Salem Counselors owns 0% invested in American International Group, Inc. (NYSE:AIG) for 100 shares. Boston Prtn invested in 7.84 million shares. Patten Patten Incorporated Tn holds 0.65% or 100,044 shares. Massachusetts Financial Ma holds 0% or 119,763 shares in its portfolio. Employees Retirement Sys Of Texas invested 0.23% of its portfolio in American International Group, Inc. (NYSE:AIG). Livforsakringsbolaget Skandia Omsesidigt holds 52,688 shares or 0.29% of its portfolio. Kentucky Retirement reported 0.25% stake. Eos Mgmt LP holds 0.56% or 30,000 shares. Rech Investors holds 1.07% of its portfolio in American International Group, Inc. (NYSE:AIG) for 57.56 million shares.

Among 21 analysts covering American International Group (NYSE:AIG), 12 have Buy rating, 2 Sell and 7 Hold. Therefore 57% are positive. American International Group had 70 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Mkt Perform” on Monday, November 28. The firm has “Mkt Perform” rating given on Friday, October 2 by FBR Capital. FBR Capital maintained the shares of AIG in report on Wednesday, August 5 with “Outperform” rating. The firm has “Market Perform” rating given on Friday, February 26 by FBR Capital. The firm has “Buy” rating given on Wednesday, August 5 by Argus Research. Wells Fargo maintained the stock with “Buy” rating in Wednesday, August 2 report. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, May 16 report. The company was upgraded on Monday, December 12 by BMO Capital Markets. On Tuesday, October 10 the stock rating was maintained by Morgan Stanley with “Buy”. The rating was downgraded by Atlantic Securities to “Neutral” on Wednesday, August 9.

Markston International Llc, which manages about $1.63B and $974.38M US Long portfolio, decreased its stake in U.S. Bancorp (NYSE:USB) by 13,812 shares to 173,178 shares, valued at $9.28M in 2017Q3, according to the filing. It also reduced its holding in Goldman Sachs Group Inc. (NYSE:GS) by 2,704 shares in the quarter, leaving it with 37,634 shares, and cut its stake in Honeywell International Inc. (NYSE:HON).

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