Aegon NV (NYSE:AEG) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Aegon NV (NYSE:AEG) have been assigned an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

AEG has been the subject of a number of research reports. Wall Street Zen cut Aegon from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Aegon in a research note on Wednesday, January 7th. They issued a “hold” rating on the stock. Morgan Stanley reissued an “overweight” rating on shares of Aegon in a research report on Friday, January 9th. Weiss Ratings lowered shares of Aegon from a “buy (a-)” rating to a “buy (b)” rating in a report on Monday, March 9th. Finally, UBS Group cut shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 3rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Aegon by 104.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 21,006,803 shares of the financial services provider’s stock valued at $152,089,000 after buying an additional 10,732,972 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Aegon by 306.1% during the second quarter. BNP Paribas Financial Markets now owns 6,169,541 shares of the financial services provider’s stock worth $44,667,000 after buying an additional 4,650,272 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Aegon by 27.5% during the third quarter. Dimensional Fund Advisors LP now owns 9,869,198 shares of the financial services provider’s stock worth $78,853,000 after buying an additional 2,127,932 shares during the last quarter. ABC Arbitrage SA bought a new stake in Aegon during the third quarter worth $16,634,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in Aegon during the third quarter worth $15,408,000. 4.32% of the stock is owned by institutional investors and hedge funds.

Aegon Stock Up 4.7%

Shares of Aegon stock opened at $7.26 on Wednesday. The company has a market capitalization of $14.55 billion, a P/E ratio of -45.34, a price-to-earnings-growth ratio of 0.44 and a beta of 0.78. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.07 and a quick ratio of 0.06. The business has a 50-day moving average of $7.39 and a two-hundred day moving average of $7.58. Aegon has a 1 year low of $5.42 and a 1 year high of $8.15.

Aegon Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be paid a $0.2469 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a dividend yield of 671.0%. Aegon’s dividend payout ratio (DPR) is currently -262.50%.

Aegon Company Profile

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.