Hennion & Walsh Asset Management Inc. Has $3.15 Million Holdings in Aegon NV $AEG

Hennion & Walsh Asset Management Inc. raised its holdings in shares of Aegon NV (NYSE:AEG) by 33.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 408,724 shares of the financial services provider’s stock after acquiring an additional 103,586 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Aegon were worth $3,151,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership grew its position in Aegon by 104.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 21,006,803 shares of the financial services provider’s stock valued at $152,089,000 after purchasing an additional 10,732,972 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Aegon by 27.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 9,869,198 shares of the financial services provider’s stock valued at $78,853,000 after buying an additional 2,127,932 shares during the period. BNP Paribas Financial Markets lifted its position in Aegon by 306.1% in the 2nd 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 in the last quarter. ABC Arbitrage SA acquired a new stake in shares of Aegon during the 3rd quarter valued at $16,634,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of Aegon during the 3rd quarter valued at $15,408,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on AEG. Weiss Ratings cut shares of Aegon from a “buy (a-)” rating to a “buy (b)” rating in a report on Monday, March 9th. UBS Group lowered Aegon from a “buy” rating to a “neutral” rating in a report on Wednesday, December 3rd. Wall Street Zen cut Aegon from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Morgan Stanley restated an “overweight” rating on shares of Aegon in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Aegon in a research report on Wednesday, January 7th. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Aegon Stock Up 4.7%

AEG opened at $7.26 on Wednesday. The firm has a market cap 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 quick ratio of 0.06 and a current ratio of 0.07. The business has a 50 day moving average price of $7.39 and a 200 day moving average price of $7.58. Aegon NV has a twelve month low of $5.42 and a twelve month high of $8.15.

Aegon Dividend Announcement

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

Aegon 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.