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Generali Asset Management SPA SGR Boosts Holdings in American International Group, Inc. $AIG
Generali Asset Management SPA SGR significantly increased its stake in American International Group (AIG) by 493.8% in Q4, now holding 41,083 shares valued at $3.5 million. This coincides with AIG reporting stronger-than-expected earnings of $2.11 per share and raising its quarterly dividend to $0.50. Analysts currently maintain a “Hold” rating for AIG with an average price target of $88.06.