Aegon NV (NYSE:AEG) Given Consensus Rating of "Buy" by Brokerages

Key Points

• Aegon NV (NYSE:AEG) is rated as a "Buy" by five analysts, with three giving a buy recommendation and two offering a strong buy.
• The company recently disclosed a semi-annual dividend of $0.1876, resulting in a notable dividend yield of 584.0%.
• Aegon's market cap stands at $16.03 billion, with a P/E ratio of 8.32 and a P/E/G ratio of 0.25.

Shares of Aegon NV (NYSE:AEG - Get Free Report) have been given an average recommendation of "Buy" by the five analysts that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company.

AEG has been the topic of a number of analyst reports. Wall Street Zen raised shares of Aegon from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 13th. Zacks Research raised shares of Aegon from a "hold" rating to a "strong-buy" rating in a research note on Monday.

Aegon Trading Up 0.9%

NYSE:AEG opened at $7.99 on Wednesday. The firm's fifty day moving average is $7.59 and its 200-day moving average is $7.03. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.06 and a current ratio of 0.06. Aegon has a 52 week low of $5.42 and a 52 week high of $8.15. The firm has a market cap of $16.03 billion, a P/E ratio of 8.32, a P/E/G ratio of 0.25 and a beta of 0.99.

Aegon Cuts Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were paid a $0.1876 dividend. This represents a dividend yield of 584.0%. The ex-dividend date of this dividend was Thursday, September 4th. Aegon's dividend payout ratio is currently 39.58%.

Institutional Investors Weigh In On Aegon

Institutional investors have recently modified their holdings of the company. Bessemer Group Inc. boosted its stake in shares of Aegon by 526.8% in the 1st quarter. Bessemer Group Inc. now owns 4,325 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 3,635 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Aegon by 27.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 170,827 shares of the financial services provider's stock worth $1,126,000 after acquiring an additional 36,511 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Aegon by 25.8% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 254,433 shares of the financial services provider's stock worth $1,677,000 after acquiring an additional 52,174 shares in the last quarter. Two Sigma Investments LP bought a new position in Aegon during the fourth quarter worth $645,000. Finally, QRG Capital Management Inc. boosted its stake in Aegon by 5.7% during the first quarter. QRG Capital Management Inc. now owns 93,462 shares of the financial services provider's stock worth $616,000 after acquiring an additional 5,049 shares in the last quarter. 4.32% of the stock is owned by institutional investors.

About Aegon

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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