40,000 Shares in Aegon Ltd. (NYSE:AEG) Bought by Barclays PLC

Barclays PLC acquired a new position in shares of Aegon Ltd. (NYSE:AEG - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 40,000 shares of the financial services provider's stock, valued at approximately $236,000.

Several other large investors have also recently modified their holdings of AEG. O Shaughnessy Asset Management LLC grew its position in Aegon by 1.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 145,663 shares of the financial services provider's stock worth $858,000 after purchasing an additional 1,779 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Aegon by 1.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 126,041 shares of the financial services provider's stock worth $742,000 after purchasing an additional 2,094 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its position in Aegon by 13.7% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 17,757 shares of the financial services provider's stock worth $105,000 after purchasing an additional 2,142 shares during the last quarter. Orion Portfolio Solutions LLC grew its position in Aegon by 12.2% during the 4th quarter. Orion Portfolio Solutions LLC now owns 20,015 shares of the financial services provider's stock worth $118,000 after purchasing an additional 2,170 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in Aegon by 3.0% during the 4th quarter. Russell Investments Group Ltd. now owns 76,168 shares of the financial services provider's stock worth $449,000 after purchasing an additional 2,241 shares during the last quarter. Institutional investors own 4.32% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. StockNews.com downgraded shares of Aegon from a "buy" rating to a "hold" rating in a research report on Tuesday, May 13th. BNP Paribas Exane raised shares of Aegon from a "neutral" rating to an "outperform" rating in a report on Wednesday, May 7th. Finally, BNP Paribas raised shares of Aegon from a "hold" rating to an "outperform" rating in a report on Wednesday, May 7th.

Aegon Trading Down 0.8%

Shares of AEG stock traded down $0.06 during trading hours on Friday, hitting $6.92. The company's stock had a trading volume of 14,529,283 shares, compared to its average volume of 5,250,857. The company has a 50 day moving average of $6.40 and a 200 day moving average of $6.33. The stock has a market cap of $15.24 billion, a PE ratio of 7.20 and a beta of 0.91. Aegon Ltd. has a 12-month low of $5.42 and a 12-month high of $6.99.

Aegon announced that its Board of Directors has initiated a share buyback program on Friday, May 16th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

Aegon Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, July 7th. Stockholders of record on Tuesday, June 17th will be issued a $0.1992 dividend. This is an increase from Aegon's previous semi-annual dividend of $0.17. This represents a dividend yield of 5.3%. The ex-dividend date of this dividend is Tuesday, June 17th. Aegon's dividend payout ratio is 34.38%.

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.