Grand Jean Capital Management Has Cut Its American International (AIG) Position by $4.91 Million; As Advance Auto Parts (AAP) Stock Declined, Poplar Forest Capital Has Trimmed Its Holding by $2.92 Million

American International Group, Inc. (NYSE:AIG) Logo

Poplar Forest Capital Llc decreased its stake in Advance Auto Parts Inc (AAP) by 5.25% based on its latest 2018Q4 regulatory filing with the SEC. Poplar Forest Capital Llc sold 18,624 shares as the company’s stock declined 11.48% while stock markets rallied. The institutional investor held 336,433 shares of the other specialty stores company at the end of 2018Q4, valued at $52.98 million, down from 355,057 at the end of the previous reported quarter. Poplar Forest Capital Llc who had been investing in Advance Auto Parts Inc for a number of months, seems to be less bullish one the $11.26B market cap company. The stock increased 0.74% or $1.15 during the last trading session, reaching $156.99. About 859,848 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 34.80% since May 16, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical AAP News: 22/05/2018 – Advance Auto Parts 1Q Net $136.7M; 02/04/2018 – ADVANCE AUTO PARTS SAYS JEFF SHEPHERD WILL SERVE AS INTERIM CFO; 29/03/2018 AAP IMPLANTATE – MADE SUBSTANTIAL PROGRESS IN PREPARING HUMAN CLINICAL STUDY FOR AIMED CE AND FDA APPROVAL OF ITS ANTIBACTERIAL SILVER COATING TECHNOLOGY IN RECENT MONTHS; 02/04/2018 – Advance Auto Parts Announces CFO Transition; 02/04/2018 – ADVANCE AUTO PARTS INC – TOM OKRAY HAS DECIDED TO LEAVE ORGANIZATION, EFFECTIVE APRIL 15, 2018; 29/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Advance Auto Parts, Inc. Shareholders and a Lead Plai; 22/05/2018 – ADVANCE AUTO PARTS SAYS EFFECTIVE MAY 16, BOARD ABOLISHED STANDING FINANCE COMMITTEE – SEC FILING; 29/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Advance Auto Parts, Inc. Shareholders and a Lead Plaintiff Deadline of April 9, 2018 (AAP)

Grand Jean Capital Management Inc decreased its stake in American International Corp (AIG) by 94.94% based on its latest 2018Q4 regulatory filing with the SEC. Grand Jean Capital Management Inc sold 125,795 shares as the company’s stock declined 1.83% while stock markets rallied. The institutional investor held 6,700 shares of the finance company at the end of 2018Q4, valued at $264,000, down from 132,495 at the end of the previous reported quarter. Grand Jean Capital Management Inc who had been investing in American International Corp for a number of months, seems to be less bullish one the $45.55B market cap company. The stock increased 0.99% or $0.52 during the last trading session, reaching $52.37. About 3.71 million shares traded. American International Group, Inc. (NYSE:AIG) has declined 22.95% since May 16, 2018 and is downtrending. It has underperformed by 27.32% the S&P500. Some Historical AIG News: 27/03/2018 – AIG Pays Duperreault $43.1 Million in First Year as Firm’s CEO; 19/04/2018 – AIG – NEW STEPS PROVIDES CLIENTS CERTAINTY OF UNINTERRUPTED UK, EUROPEAN INSURANCE COVERAGE AS PART OF CO’S PLANNED RESTRUCTURE OF EUROPEAN BUSINESS; 12/04/2018 – AIG and EY Announce Strategic Tax Compliance and Technology Agreement; 09/05/2018 – AIG Announces Results of Its 2018 Annual Meeting of Shareholders; 09/05/2018 – AIG SHAREHOLDERS BACK EXECUTIVE PAY PLAN, RE-ELECT DIRECTORS; 27/03/2018 – AIG SAYS CEO BRIAN DUPERREAULT’S TOTAL COMPENSATION WAS $43.1 MLN FOR THE PERIOD MAY 14 TO DEC 31, 2017 – SEC FILING; 24/05/2018 – AIG Names Lisa Sun as Chief Executive Officer of AIG Insurance Company China, Ltd; 22/03/2018 – Monteverde & Associates PC Announces An Investigation Of Validus Holdings, Ltd. – VR; 16/05/2018 – Activists Buy Newell, Citi; Sell AIG, Mondelez: 13F Roundup; 26/03/2018 – AIG Names Ed Dandridge as Head of Marketing and Communications, General Insurance

Investors sentiment decreased to 1.18 in 2018 Q4. Its down 0.02, from 1.2 in 2018Q3. It worsened, as 36 investors sold AAP shares while 144 reduced holdings. 67 funds opened positions while 145 raised stakes. 71.89 million shares or 4.22% more from 68.98 million shares in 2018Q3 were reported. 183 were accumulated by Parkside Bancorporation & Tru. Jlb reported 2,061 shares. Norinchukin Fincl Bank The has 0.03% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 13,354 shares. Dupont Capital Corp holds 1,043 shares. Northern reported 0.04% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Hl Finance Services has 1,272 shares. Element Capital Management Limited Liability Corporation invested in 0.72% or 160,636 shares. Dimensional Fund Advsrs Limited Partnership owns 718,023 shares or 0.05% of their US portfolio. The California-based Lateef Mgmt LP has invested 0.07% in Advance Auto Parts, Inc. (NYSE:AAP). France-based Tobam has invested 0.29% in Advance Auto Parts, Inc. (NYSE:AAP). Smith Asset Mgmt Group Limited Partnership owns 196,350 shares or 1.09% of their US portfolio. Rampart Investment Mngmt Lc has invested 0.31% in Advance Auto Parts, Inc. (NYSE:AAP). Oppenheimer Asset Mngmt Inc reported 72,298 shares. Moreover, Yorktown & has 0.27% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 5,100 shares. 14,067 were accumulated by Comerica Bancorporation.

Poplar Forest Capital Llc, which manages about $919.26 million and $1.35B US Long portfolio, upped its stake in Msc Indl Direct Inc (NYSE:MSM) by 186,074 shares to 823,055 shares, valued at $63.31 million in 2018Q4, according to the filing. It also increased its holding in Dxc Technology Co by 298,696 shares in the quarter, for a total of 353,492 shares, and has risen its stake in Reliance Steel & Aluminum Co (NYSE:RS).

More important recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: Seekingalpha.com which released: “Consumer Reports: Retail Sales, Sentiment And Earnings – Seeking Alpha” on May 13, 2019, also Globenewswire.com published article titled: “Update: Lawsuit for Investors in NYSE: AAP shares against Advance Auto Parts, Inc. announced by Shareholders Foundation – GlobeNewswire”, Finance.Yahoo.com published: “If You Had Bought Advance Auto Parts (NYSE:AAP) Shares A Year Ago You’d Have Made 39% – Yahoo Finance” on May 07, 2019. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) was released by: Streetinsider.com and their article: “Starboard Value Enters Cerner (CERN), eBay (EBAY), MGM (MGM) (more…) – 13F – StreetInsider.com” with publication date: May 15, 2019.

Analysts await Advance Auto Parts, Inc. (NYSE:AAP) to report earnings on May, 22 before the open. They expect $2.36 earnings per share, up 12.38% or $0.26 from last year’s $2.1 per share. AAP’s profit will be $169.25 million for 16.63 P/E if the $2.36 EPS becomes a reality. After $1.17 actual earnings per share reported by Advance Auto Parts, Inc. for the previous quarter, Wall Street now forecasts 101.71% EPS growth.

Investors sentiment decreased to 0.66 in Q4 2018. Its down 0.01, from 0.67 in 2018Q3. It dived, as 95 investors sold AIG shares while 249 reduced holdings. 63 funds opened positions while 163 raised stakes. 768.29 million shares or 2.02% more from 753.05 million shares in 2018Q3 were reported. Provise Management Gp Ltd Llc, Florida-based fund reported 6,020 shares. Pictet Cie (Europe) Sa owns 9,330 shares. Delta Asset Mgmt Ltd Liability Tn reported 0% stake. Credit Suisse Ag holds 0.08% or 1.96M shares. Deutsche Bancshares Ag reported 0.06% stake. Murphy Cap stated it has 0.34% in American International Group, Inc. (NYSE:AIG). Fifth Third Fincl Bank holds 0.03% or 94,267 shares. Addison accumulated 40,208 shares. State Common Retirement Fund stated it has 2.88M shares. Riverhead Capital Mgmt owns 13,477 shares for 0.02% of their portfolio. Korea-based Mirae Asset Invests Com Ltd has invested 0.03% in American International Group, Inc. (NYSE:AIG). Kentucky Retirement Insurance Tru Fund accumulated 17,499 shares or 0.17% of the stock. Assetmark accumulated 1,222 shares. The Vermont-based Of Vermont has invested 0.01% in American International Group, Inc. (NYSE:AIG). Cramer Rosenthal Mcglynn has 1.23M shares.

More notable recent American International Group, Inc. (NYSE:AIG) news were published by: Businesswire.com which released: “Avery Dennison Signs Agreement Transferring $750 Million in Pension Obligations to AIG Life & Retirement – Business Wire” on April 24, 2019, also Fool.com with their article: “Stock Market News: AIG Posts an Impressive Quarter; Anadarko Officially Embraces New Bid – Motley Fool” published on May 07, 2019, Businesswire.com published: “AIG 2019 Annual Meeting Webcast Details – Business Wire” on April 23, 2019. More interesting news about American International Group, Inc. (NYSE:AIG) were released by: Insurancenewsnet.com and their article: “AIG Life & Retirement Names Terri Fiedler President and Chief Executive Officer, AIG Financial Distributors – Insurance News Net” published on May 10, 2019 as well as Businesswire.com‘s news article titled: “AIG Board of Directors Declares Common Stock Dividend of $0.32 Per Share – Business Wire” with publication date: May 06, 2019.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on August, 1. They expect $1.13 earnings per share, up 7.62% or $0.08 from last year’s $1.05 per share. AIG’s profit will be $982.74M for 11.59 P/E if the $1.13 EPS becomes a reality. After $1.58 actual earnings per share reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts -28.48% negative EPS growth.

American International Group, Inc. (NYSE:AIG) Institutional Positions Chart

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