Wellington Management Group LLP Has $28.66 Million Stock Position in Aegon Ltd. (NYSE:AEG)

Wellington Management Group LLP increased its holdings in Aegon Ltd. (NYSE:AEG - Free Report) by 21.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,484,791 shares of the financial services provider's stock after acquiring an additional 780,339 shares during the period. Wellington Management Group LLP owned about 0.20% of Aegon worth $28,658,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AEG. Dimensional Fund Advisors LP raised its stake in shares of Aegon by 8.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,920,536 shares of the financial services provider's stock worth $30,163,000 after purchasing an additional 394,114 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Aegon by 5.7% during the 3rd quarter. Raymond James & Associates now owns 2,517,071 shares of the financial services provider's stock valued at $16,084,000 after acquiring an additional 136,208 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Aegon by 5.3% during the 2nd quarter. American Century Companies Inc. now owns 814,739 shares of the financial services provider's stock valued at $4,994,000 after acquiring an additional 41,028 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Aegon by 15.7% during the 2nd quarter. Sei Investments Co. now owns 578,652 shares of the financial services provider's stock valued at $3,547,000 after acquiring an additional 78,322 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Aegon by 1.6% during the 3rd quarter. Stifel Financial Corp now owns 415,492 shares of the financial services provider's stock valued at $2,655,000 after acquiring an additional 6,461 shares during the last quarter. 4.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Aegon Stock Performance

Shares of NYSE AEG traded up $0.04 during mid-day trading on Friday, reaching $6.36. 2,912,644 shares of the company traded hands, compared to its average volume of 2,527,316. The company's fifty day moving average is $6.37 and its two-hundred day moving average is $6.27. Aegon Ltd. has a fifty-two week low of $5.53 and a fifty-two week high of $6.96.

Aegon Profile

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.