According to Zacks, “Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company’s other lines of business include property and casualty insurance and financial services. “
AEG has been the subject of a number of other research reports. Keefe, Bruyette & Woods lowered AEGON from a market perform rating to an underperform rating in a research note on Friday, October 11th. ValuEngine upgraded AEGON from a sell rating to a hold rating in a research note on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. AEGON presently has a consensus rating of Hold and an average target price of $5.38.
NYSE AEG traded down $0.10 on Tuesday, reaching $4.47. 1,637,733 shares of the company’s stock traded hands, compared to its average volume of 1,660,876. AEGON has a fifty-two week low of $3.69 and a fifty-two week high of $5.72. The firm has a market cap of $11.96 billion, a price-to-earnings ratio of 4.97 and a beta of 1.32. The stock has a 50 day moving average price of $4.36 and a 200-day moving average price of $4.52.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new stake in AEGON in the second quarter valued at approximately $43,000. Wells Fargo & Company MN raised its position in AEGON by 22.9% during the second quarter. Wells Fargo & Company MN now owns 501,990 shares of the financial services provider’s stock worth $2,485,000 after acquiring an additional 93,668 shares during the period. Citadel Advisors LLC raised its position in AEGON by 40.2% during the second quarter. Citadel Advisors LLC now owns 946,918 shares of the financial services provider’s stock worth $4,687,000 after acquiring an additional 271,529 shares during the period. Ballentine Partners LLC raised its position in AEGON by 54.6% during the third quarter. Ballentine Partners LLC now owns 23,937 shares of the financial services provider’s stock worth $99,000 after acquiring an additional 8,457 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in AEGON by 226.7% during the third quarter. Parallel Advisors LLC now owns 9,739 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 6,758 shares in the last quarter. 6.20% of the stock is currently owned by hedge funds and other institutional investors.
Aegon N.V. provides insurance, pensions, and asset management services worldwide. It offers life, accident, and health insurance; property and casualty insurance; home and car insurance; individual investment accounts; annuities; retirement plan services; stable value solutions; retail and institutional investment management solutions; savings products; group pensions; mortgage loans; and bank accounts.
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