Aegon (NYSE:AEG - Get Free Report) was upgraded by research analysts at StockNews.com from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Monday.
Aegon Price Performance
AEG traded down $0.52 during trading on Monday, hitting $5.77. The stock had a trading volume of 13,630,485 shares, compared to its average volume of 3,886,938. The company has a 50 day moving average price of $6.47 and a 200-day moving average price of $6.32. Aegon has a one year low of $5.66 and a one year high of $6.96. The firm has a market cap of $12.71 billion, a price-to-earnings ratio of 6.01 and a beta of 1.03.
Hedge Funds Weigh In On Aegon
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in Aegon in the fourth quarter valued at about $15,397,000. BNP Paribas Financial Markets increased its holdings in Aegon by 517.6% in the 4th quarter. BNP Paribas Financial Markets now owns 1,220,786 shares of the financial services provider's stock valued at $7,190,000 after buying an additional 1,023,116 shares during the period. OLD Mission Capital LLC raised its position in shares of Aegon by 450.5% in the 4th quarter. OLD Mission Capital LLC now owns 1,028,750 shares of the financial services provider's stock valued at $6,059,000 after buying an additional 841,863 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of Aegon during the 4th quarter worth approximately $4,733,000. Finally, Wellington Management Group LLP boosted its position 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 owned by institutional investors and hedge funds.
Aegon Company Profile
(
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.
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