Shares of Aegon Ltd. (NYSE:AEG - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 5,114,410 shares traded hands during trading, an increase of 12% from the previous session's volume of 4,548,567 shares.The stock last traded at $6.51 and had previously closed at $6.53.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Aegon from a "hold" rating to a "buy" rating in a report on Monday, March 31st.
Check Out Our Latest Stock Analysis on Aegon
Aegon Price Performance
The business's 50-day moving average is $6.26 and its 200 day moving average is $6.29. The firm has a market capitalization of $14.38 billion, a P/E ratio of 6.80 and a beta of 0.84.
Aegon Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Monday, July 7th. Stockholders of record on Tuesday, June 17th will be given a $0.1992 dividend. This represents a dividend yield of 5.3%. This is an increase from Aegon's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Tuesday, June 17th. Aegon's payout ratio is presently 34.38%.
Institutional Investors Weigh In On Aegon
A number of large investors have recently added to or reduced their stakes in AEG. NewEdge Advisors LLC grew its stake in Aegon by 1,136.2% during the fourth quarter. NewEdge Advisors LLC now owns 4,846 shares of the financial services provider's stock worth $29,000 after buying an additional 4,454 shares in the last quarter. Bessemer Group Inc. increased its stake in Aegon by 526.8% in the first quarter. Bessemer Group Inc. now owns 4,325 shares of the financial services provider's stock valued at $29,000 after acquiring an additional 3,635 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Aegon during the third quarter valued at approximately $48,000. Smartleaf Asset Management LLC boosted its holdings in shares of Aegon by 70.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 9,184 shares of the financial services provider's stock valued at $54,000 after purchasing an additional 3,802 shares in the last quarter. Finally, Waverly Advisors LLC bought a new position in shares of Aegon in the 4th quarter valued at $65,000. Institutional investors and hedge funds own 4.32% of the company's stock.
About Aegon
(
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.
Further Reading
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