Aegon Ltd. (NYSE:AEG - Get Free Report) saw unusually-high trading volume on Monday . Approximately 12,333,347 shares traded hands during trading, an increase of 145% from the previous session's volume of 5,024,754 shares.The stock last traded at $6.75 and had previously closed at $6.71.
Analysts Set New Price Targets
AEG has been the topic of several research reports. BNP Paribas raised shares of Aegon from a "hold" rating to an "outperform" rating in a research note on Wednesday, May 7th. BNP Paribas Exane raised shares of Aegon from a "neutral" rating to an "outperform" rating in a research note on Wednesday, May 7th. Finally, StockNews.com downgraded shares of Aegon from a "buy" rating to a "hold" rating in a research note on Tuesday.
Get Our Latest Stock Analysis on AEG
Aegon Price Performance
The firm's 50 day moving average is $6.36 and its 200 day moving average is $6.32. The company has a market capitalization of $15.31 billion, a PE ratio of 7.23 and a beta of 0.91.
Aegon Increases Dividend
The business also recently disclosed a semi-annual dividend, which will be paid on Monday, July 7th. Shareholders of record on Tuesday, June 17th will be given a dividend of $0.1992 per share. This is an increase from Aegon's previous semi-annual dividend of $0.17. This represents a yield of 5.3%. The ex-dividend date of this dividend is Tuesday, June 17th. Aegon's payout ratio is presently 34.38%.
Institutional Trading of Aegon
A number of hedge funds have recently modified their holdings of the business. Wealthstar Advisors LLC purchased a new stake in Aegon during the 4th quarter valued at about $601,000. Savant Capital LLC lifted its stake in Aegon by 6.4% during the 4th quarter. Savant Capital LLC now owns 37,744 shares of the financial services provider's stock valued at $222,000 after acquiring an additional 2,275 shares during the period. OLD Mission Capital LLC lifted its stake in Aegon by 450.5% during 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 acquiring an additional 841,863 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in Aegon by 51.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 202,259 shares of the financial services provider's stock valued at $1,191,000 after acquiring an additional 68,310 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Aegon during the 4th quarter valued at about $15,397,000. Institutional investors own 4.32% of the company's stock.
About Aegon
(
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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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