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Aegon (NYSE:AEG) Shares Gap Up - What's Next?

Aegon logo with Finance background

Aegon Ltd. (NYSE:AEG - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $6.33, but opened at $6.50. Aegon shares last traded at $6.46, with a volume of 623,728 shares trading hands.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of Aegon from a "neutral" rating to a "buy" rating in a research report on Tuesday, October 22nd.

Get Our Latest Research Report on Aegon

Aegon Stock Up 1.8 %

The company has a 50 day simple moving average of $6.28 and a two-hundred day simple moving average of $6.30.

Aegon Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 5th were given a dividend of $0.1723 per share. The ex-dividend date was Thursday, September 5th. This represents a dividend yield of 4.9%.

Institutional Trading of Aegon

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dorsey Wright & Associates grew its position in shares of Aegon by 13.0% during the third quarter. Dorsey Wright & Associates now owns 410,865 shares of the financial services provider's stock valued at $2,625,000 after purchasing an additional 47,412 shares in the last quarter. XTX Topco Ltd purchased a new position in Aegon during the 3rd quarter valued at approximately $595,000. National Bank of Canada FI increased its stake in Aegon by 6.7% in the 3rd quarter. National Bank of Canada FI now owns 138,736 shares of the financial services provider's stock worth $887,000 after acquiring an additional 8,675 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in Aegon in the 3rd quarter worth approximately $85,000. Finally, Wellington Management Group LLP raised its holdings in shares of Aegon by 21.1% during the 3rd quarter. Wellington Management Group LLP now owns 4,484,791 shares of the financial services provider's stock worth $28,658,000 after acquiring an additional 780,339 shares in the last quarter. 4.32% of the stock is currently owned by institutional investors.

About Aegon

(Get Free Report)

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.

See Also

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