Aegon NV (NYSE:AEG) Receives Consensus Rating of "Buy" from Analysts

Shares of Aegon NV (NYSE:AEG - Get Free Report) have received an average rating of "Buy" from the five analysts that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company.

A number of equities research analysts have commented on the company. Zacks Research raised Aegon from a "hold" rating to a "strong-buy" rating in a report on Monday, September 29th. Wall Street Zen lowered Aegon from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Weiss Ratings reaffirmed a "buy (b+)" rating on shares of Aegon in a research report on Friday.

Aegon Trading Down 0.1%

Shares of AEG opened at $7.41 on Friday. The business's fifty day simple moving average is $7.72 and its two-hundred day simple moving average is $7.19. Aegon has a 12 month low of $5.42 and a 12 month high of $8.15. The company has a market cap of $14.86 billion, a price-to-earnings ratio of 7.71, a P/E/G ratio of 0.23 and a beta of 0.97.

Aegon Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were given a dividend of $0.1876 per share. The ex-dividend date was Thursday, September 4th. This represents a dividend yield of 584.0%. Aegon's dividend payout ratio (DPR) is 39.58%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bessemer Group Inc. raised its position in shares of Aegon by 526.8% during the 1st quarter. Bessemer Group Inc. now owns 4,325 shares of the financial services provider's stock valued at $29,000 after buying an additional 3,635 shares during the period. Charles Schwab Investment Management Inc. raised its position in Aegon by 27.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 170,827 shares of the financial services provider's stock valued at $1,126,000 after purchasing an additional 36,511 shares during the period. Wellington Management Group LLP grew its stake in shares of Aegon by 13.8% in the first quarter. Wellington Management Group LLP now owns 4,801,133 shares of the financial services provider's stock worth $31,639,000 after acquiring an additional 582,622 shares in the last quarter. Todd Asset Management LLC acquired a new position in shares of Aegon in the first quarter worth $3,615,000. Finally, FORA Capital LLC acquired a new position in shares of Aegon in the first quarter worth $411,000. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Company 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.

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