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Auxier Asset Management Has Raised Its Position in American International Group (AIG) as Stock Value Declined; Martin Investment Management Trimmed Its Holding in Travelers Cos Inc/The (TRV) by $4.78 Million as Market Value Declined

Auxier Asset Management increased its stake in American International Group (AIG) by 53.53% based on its latest 2017Q3 regulatory filing with the SEC. Auxier Asset Management bought 28,023 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 80,373 shares of the finance company at the end of 2017Q3, valued at $4.93 million, up from 52,350 at the end of the previous reported quarter. Auxier Asset Management who had been investing in American International Group for a number of months, seems to be bullish on the $54.21 billion market cap company. The stock increased 0.18% or $0.11 during the last trading session, reaching $60.07. About 5.61 million shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since February 25, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Martin Investment Management Llc decreased its stake in Travelers Cos Inc/The (TRV) by 48.02% based on its latest 2017Q3 regulatory filing with the SEC. Martin Investment Management Llc sold 39,145 shares as the company’s stock declined 0.95% while stock markets rallied. The institutional investor held 42,381 shares of the finance company at the end of 2017Q3, valued at $5.19 million, down from 81,526 at the end of the previous reported quarter. Martin Investment Management Llc who had been investing in Travelers Cos Inc/The for a number of months, seems to be less bullish one the $37.93 billion market cap company. The stock increased 1.53% or $2.1 during the last trading session, reaching $139.74. About 2.01M shares traded or 8.63% up from the average. The Travelers Companies, Inc. (NYSE:TRV) has risen 9.71% since February 25, 2017 and is uptrending. It has underperformed by 6.99% the S&P500.

Analysts await The Travelers Companies, Inc. (NYSE:TRV) to report earnings on April, 19. They expect $2.80 earnings per share, up 29.63% or $0.64 from last year’s $2.16 per share. TRV’s profit will be $759.99 million for 12.48 P/E if the $2.80 EPS becomes a reality. After $2.28 actual earnings per share reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts 22.81% EPS growth.

Among 17 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Travelers had 54 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Thursday, July 13 with “Buy”. The company was upgraded on Friday, January 26 by Atlantic Securities. The rating was downgraded by FBR Capital to “Mkt Perform” on Monday, February 13. Citigroup maintained The Travelers Companies, Inc. (NYSE:TRV) rating on Friday, October 20. Citigroup has “Buy” rating and $151 target. The stock has “Outperform” rating by BMO Capital Markets on Monday, December 12. The company was maintained on Monday, October 26 by Argus Research. As per Monday, December 4, the company rating was maintained by Keefe Bruyette & Woods. RBC Capital Markets maintained it with “Buy” rating and $158.0 target in Tuesday, January 23 report. RBC Capital Markets maintained the shares of TRV in report on Wednesday, October 21 with “Outperform” rating. RBC Capital Markets maintained the stock with “Buy” rating in Monday, September 25 report.

Martin Investment Management Llc, which manages about $585.57M and $358.13M US Long portfolio, upped its stake in Accenture Plc (NYSE:ACN) by 10,102 shares to 81,187 shares, valued at $10.97 million in 2017Q3, according to the filing.

Since February 15, 2018, it had 0 insider purchases, and 2 selling transactions for $331,484 activity. $209,164 worth of American International Group, Inc. (NYSE:AIG) was sold by Macia Seraina.

Among 21 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 62% are positive. American International Group had 74 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of American International Group, Inc. (NYSE:AIG) has “Outperform” rating given on Wednesday, August 5 by RBC Capital Markets. The company was upgraded on Tuesday, January 19 by Standpoint Research. The company was maintained on Monday, December 4 by Keefe Bruyette & Woods. The company was downgraded on Thursday, August 27 by Vetr. Keefe Bruyette & Woods maintained American International Group, Inc. (NYSE:AIG) on Thursday, December 21 with “Buy” rating. Credit Suisse upgraded American International Group, Inc. (NYSE:AIG) on Friday, January 6 to “Outperform” rating. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Tuesday, December 15. The company was maintained on Monday, July 10 by RBC Capital Markets. Deutsche Bank upgraded the stock to “Hold” rating in Wednesday, December 6 report. Barclays Capital maintained it with “Overweight” rating and $60 target in Friday, February 12 report.

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