Aegon (NYSE:AEG - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.
AEG has been the subject of a number of other research reports. BNP Paribas Exane upgraded shares of Aegon from a "neutral" rating to an "outperform" rating in a research report on Wednesday, May 7th. BNP Paribas upgraded shares of Aegon from a "hold" rating to an "outperform" rating in a research report on Wednesday, May 7th. Finally, Berenberg Bank upgraded shares of Aegon to a "strong-buy" rating in a research report on Thursday, May 29th. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Buy".
Read Our Latest Stock Analysis on Aegon
Aegon Price Performance
Shares of Aegon stock traded up $0.12 during trading hours on Friday, reaching $7.79. The stock had a trading volume of 2,656,479 shares, compared to its average volume of 8,545,147. The stock's 50 day moving average is $7.32 and its 200 day moving average is $6.82. The firm has a market capitalization of $15.62 billion, a PE ratio of 8.11, a PEG ratio of 0.26 and a beta of 0.99. Aegon has a twelve month low of $5.42 and a twelve month high of $8.10. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.44.
Aegon announced that its board has approved a share buyback plan on Friday, May 16th that allows the company to repurchase 0 shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its shares are undervalued.
Institutional Trading of Aegon
A number of hedge funds have recently bought and sold shares of AEG. NewEdge Advisors LLC grew its stake in shares of Aegon by 1,136.2% in the 4th quarter. NewEdge Advisors LLC now owns 4,846 shares of the financial services provider's stock valued at $29,000 after buying an additional 4,454 shares during the period. Bessemer Group Inc. grew 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 buying an additional 3,635 shares during the period. SVB Wealth LLC purchased a new stake in shares of Aegon in the 1st quarter valued at approximately $42,000. Deutsche Bank AG purchased a new stake in shares of Aegon in the 1st quarter valued at approximately $61,000. Finally, Waverly Advisors LLC purchased a new stake in shares of Aegon in the 4th quarter valued at approximately $65,000. Institutional investors and hedge funds own 4.32% of the company's stock.
Aegon Company Profile
(
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.
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