Miller Investment Management LP Boosted Position in Crown Holdings (CCK) as Stock Value Rose; American Intl Group (AIG) Holder Atria Investments Lowered Holding

February 17, 2018 - By reb123z

Miller Investment Management Lp increased its stake in Crown Holdings Inc (CCK) by 141.08% based on its latest 2017Q3 regulatory filing with the SEC. Miller Investment Management Lp bought 22,926 shares as the company’s stock rose 6.12% with the market. The hedge fund held 39,176 shares of the consumer durables company at the end of 2017Q3, valued at $2.34M, up from 16,250 at the end of the previous reported quarter. Miller Investment Management Lp who had been investing in Crown Holdings Inc for a number of months, seems to be bullish on the $6.92B market cap company. The stock increased 0.06% or $0.03 during the last trading session, reaching $51.5. About 1.28M shares traded. Crown Holdings, Inc. (NYSE:CCK) has risen 7.50% since February 17, 2017 and is uptrending. It has underperformed by 9.20% the S&P500.

Atria Investments Llc decreased its stake in American Intl Group Inc (AIG) by 19.23% based on its latest 2017Q3 regulatory filing with the SEC. Atria Investments Llc sold 5,383 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 22,614 shares of the finance company at the end of 2017Q3, valued at $1.39M, down from 27,997 at the end of the previous reported quarter. Atria Investments Llc who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $53.46 billion market cap company. The stock increased 0.41% or $0.24 during the last trading session, reaching $59.47. About 6.83M shares traded or 19.68% up from the average. American International Group, Inc. (NYSE:AIG) has risen 8.59% since February 17, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Atria Investments Llc, which manages about $2.88B and $1.84B US Long portfolio, upped its stake in Ishares Tr (IWM) by 2,056 shares to 28,262 shares, valued at $4.19M in 2017Q3, according to the filing. It also increased its holding in Select Sector Spdr Tr (XLF) by 25,998 shares in the quarter, for a total of 103,424 shares, and has risen its stake in Pimco Etf Tr.

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 72 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America to “Neutral” on Friday, November 3. Piper Jaffray maintained American International Group, Inc. (NYSE:AIG) rating on Tuesday, November 3. Piper Jaffray has “Overweight” rating and $77 target. The firm has “Buy” rating by Wells Fargo given on Wednesday, July 5. The stock of American International Group, Inc. (NYSE:AIG) has “Buy” rating given on Wednesday, August 5 by Citigroup. The firm earned “Buy” rating on Monday, August 8 by Goldman Sachs. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, December 4. The rating was maintained by Morgan Stanley with “Buy” on Tuesday, October 10. Standpoint Research upgraded the shares of AIG in report on Tuesday, January 19 to “Buy” rating. As per Thursday, August 24, the company rating was maintained by Deutsche Bank. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Buy”.

Investors sentiment increased to 0.79 in 2017 Q3. Its up 0.15, from 0.64 in 2017Q2. It is positive, 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. Norinchukin State Bank The invested in 68,186 shares or 0.08% of the stock. Moreover, Moon Cap Mngmt Ltd Liability has 5.9% invested in American International Group, Inc. (NYSE:AIG) for 82,992 shares. Peddock Advsrs Limited Liability Company reported 0.08% in American International Group, Inc. (NYSE:AIG). Liberty Mutual Grp Inc Asset has invested 0.12% in American International Group, Inc. (NYSE:AIG). Brandes Investment Ptnrs Limited Partnership reported 1.53% in American International Group, Inc. (NYSE:AIG). Fiduciary Trust holds 0.07% or 36,472 shares in its portfolio. Wall Street Access Asset Mgmt Ltd stated it has 0.94% of its portfolio in American International Group, Inc. (NYSE:AIG). 151,039 were accumulated by Strategy Asset Managers Limited Liability. Glendon Mgmt Ltd Partnership has invested 1.66% in American International Group, Inc. (NYSE:AIG). Arete Wealth Advsrs Lc owns 0.73% invested in American International Group, Inc. (NYSE:AIG) for 29,645 shares. Comml Bank reported 0.04% of its portfolio in American International Group, Inc. (NYSE:AIG). Pub Employees Retirement Sys Of Ohio stated it has 0.2% in American International Group, Inc. (NYSE:AIG). Birinyi Assocs Inc stated it has 0.13% of its portfolio in American International Group, Inc. (NYSE:AIG). First Manhattan Company reported 1.30M shares. 1.12M are held by Confluence Invest Mgmt Limited Liability Corporation.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.31, from 0.85 in 2017Q2. It improved, as 23 investors sold CCK shares while 96 reduced holdings. 43 funds opened positions while 95 raised stakes. 119.77 million shares or 0.32% less from 120.15 million shares in 2017Q2 were reported. 6,052 were reported by Vident Investment Advisory Ltd. Hightower Limited Com reported 5,196 shares. Icon Advisers Inc Communications holds 25,000 shares or 0.1% of its portfolio. Dorsey & Whitney Company owns 5,335 shares. Point72 Asia (Hong Kong) Limited holds 508 shares. Fmr Ltd Com holds 122,059 shares. California Public Employees Retirement Sys reported 302,138 shares stake. Ubs Oconnor Limited Liability Corp invested 0.35% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). 8,100 are owned by Fayez Sarofim Communications. Tarbox Family Office holds 0.13% in Crown Holdings, Inc. (NYSE:CCK) or 5,100 shares. 375,490 are owned by Ubs Asset Mngmt Americas. Cibc Ww Markets has invested 0% in Crown Holdings, Inc. (NYSE:CCK). Bb&T Ltd Liability Corporation reported 13,805 shares. Lazard Asset Lc reported 10.34M shares. Schwab Charles Inv Mngmt reported 458,359 shares.

Among 15 analysts covering Crown Holdings (NYSE:CCK), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Crown Holdings had 43 analyst reports since July 22, 2015 according to SRatingsIntel. Macquarie Research initiated it with “Outperform” rating and $60 target in Tuesday, November 10 report. The firm has “Neutral” rating by Bank of America given on Tuesday, September 15. RBC Capital Markets maintained it with “Buy” rating and $71.0 target in Tuesday, October 17 report. Robert W. Baird maintained Crown Holdings, Inc. (NYSE:CCK) rating on Tuesday, October 10. Robert W. Baird has “Buy” rating and $70.0 target. RBC Capital Markets maintained Crown Holdings, Inc. (NYSE:CCK) rating on Monday, June 5. RBC Capital Markets has “Buy” rating and $6200 target. The rating was maintained by Jefferies with “Buy” on Thursday, July 13. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, July 18 report. The firm has “Buy” rating given on Thursday, April 13 by Jefferies. Barclays Capital maintained Crown Holdings, Inc. (NYSE:CCK) rating on Monday, July 24. Barclays Capital has “Overweight” rating and $69 target. BMO Capital Markets maintained the shares of CCK in report on Friday, June 23 with “Buy” rating.

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