JPMorgan Chase & Co. decreased its holdings in shares of Aegon Ltd. (NYSE:AEG - Free Report) by 72.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,893 shares of the financial services provider's stock after selling 107,182 shares during the quarter. JPMorgan Chase & Co.'s holdings in Aegon were worth $261,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in Aegon by 21.1% in the third quarter. Wellington Management Group LLP now owns 4,484,791 shares of the financial services provider's stock valued at $28,658,000 after acquiring an additional 780,339 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Aegon by 41,167.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 197,670 shares of the financial services provider's stock valued at $1,263,000 after purchasing an additional 197,191 shares during the last quarter. Raymond James & Associates grew its holdings in Aegon by 5.7% during the third quarter. Raymond James & Associates now owns 2,517,071 shares of the financial services provider's stock worth $16,084,000 after purchasing an additional 136,208 shares during the period. HighTower Advisors LLC increased its position in Aegon by 48.1% during the third quarter. HighTower Advisors LLC now owns 302,262 shares of the financial services provider's stock worth $1,929,000 after buying an additional 98,178 shares during the last quarter. Finally, FMR LLC raised its stake in Aegon by 65.7% in the third quarter. FMR LLC now owns 241,399 shares of the financial services provider's stock valued at $1,543,000 after buying an additional 95,718 shares during the period. Institutional investors own 4.32% of the company's stock.
Aegon Stock Performance
Shares of NYSE AEG traded up $0.07 during mid-day trading on Tuesday, reaching $6.44. 3,310,802 shares of the company were exchanged, compared to its average volume of 5,164,345. Aegon Ltd. has a twelve month low of $5.53 and a twelve month high of $6.96. The company's 50-day simple moving average is $6.19 and its 200-day simple moving average is $6.23.
Analysts Set New Price Targets
Separately, UBS Group raised Aegon from a "neutral" rating to a "buy" rating in a report on Tuesday, October 22nd.
Read Our Latest Stock Analysis on AEG
About Aegon
(
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.
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