AEGON (NYSE:AEG) gapped down before the market opened on Wednesday . The stock had previously closed at $6.90, but opened at $6.75. AEGON shares last traded at $6.56, with a volume of 2013422 shares traded.
Several equities research analysts have commented on AEG shares. Zacks Investment Research upgraded AEGON from a “hold” rating to a “strong-buy” rating and set a $7.75 price target for the company in a research note on Tuesday, April 10th. ValuEngine upgraded AEGON from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 7th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. AEGON currently has an average rating of “Buy” and an average price target of $6.30.
The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.60. The company has a market cap of $13.38 billion, a PE ratio of 7.71 and a beta of 1.37.
Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of AEGON by 50.2% in the first quarter. BlackRock Inc. now owns 4,753,136 shares of the financial services provider’s stock valued at $32,179,000 after buying an additional 1,589,110 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of AEGON by 209.7% in the first quarter. Wells Fargo & Company MN now owns 2,400,031 shares of the financial services provider’s stock valued at $16,248,000 after buying an additional 1,625,192 shares in the last quarter. Northern Trust Corp grew its stake in shares of AEGON by 1.3% in the first quarter. Northern Trust Corp now owns 1,793,285 shares of the financial services provider’s stock valued at $12,141,000 after buying an additional 23,446 shares in the last quarter. Raymond James & Associates grew its stake in shares of AEGON by 83.4% in the fourth quarter. Raymond James & Associates now owns 1,699,710 shares of the financial services provider’s stock valued at $10,708,000 after buying an additional 772,984 shares in the last quarter. Finally, Franklin Resources Inc. acquired a new stake in shares of AEGON in the first quarter valued at about $10,600,000. Institutional investors and hedge funds own 9.04% of the company’s stock.
Aegon N.V. provides life insurance, pensions, and asset management services. It offers life and protection products, such as traditional and universal life insurance products, as well as employer, endowment, term, and whole life insurance products; and supplemental health, accidental death and dismemberment insurance, critical illness, cancer treatment, credit/disability, income protection, travel, and long-term care insurance products.
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