Dimensional Fund Advisors LP Increases Holdings in Aegon Ltd. (NYSE:AEG)

Dimensional Fund Advisors LP increased its stake in shares of Aegon Ltd. (NYSE:AEG - Free Report) by 5.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,413,607 shares of the financial services provider's stock after purchasing an additional 298,679 shares during the period. Dimensional Fund Advisors LP owned 0.25% of Aegon worth $31,886,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in AEG. Raymond James Financial Inc. bought a new stake in shares of Aegon during the fourth quarter valued at about $15,397,000. OLD Mission Capital LLC grew its stake in Aegon by 450.5% during the fourth 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 in the last quarter. ABC Arbitrage SA bought a new stake in Aegon during the 4th quarter worth approximately $3,394,000. Marshall Wace LLP lifted its stake in Aegon by 37.8% in the 4th quarter. Marshall Wace LLP now owns 1,410,756 shares of the financial services provider's stock worth $8,309,000 after purchasing an additional 387,085 shares in the last quarter. Finally, Wealthstar Advisors LLC purchased a new stake in Aegon in the 4th quarter worth approximately $601,000. Institutional investors own 4.32% of the company's stock.

Aegon Stock Up 1.4%

Shares of AEG stock traded up $0.09 during trading on Friday, hitting $6.71. The company had a trading volume of 15,613,134 shares, compared to its average volume of 4,990,860. The stock's 50-day moving average is $6.34 and its two-hundred day moving average is $6.31. The stock has a market capitalization of $14.79 billion, a price-to-earnings ratio of 6.99 and a beta of 0.91. Aegon Ltd. has a 52 week low of $5.42 and a 52 week high of $6.96.

Aegon Increases Dividend

The business also recently declared 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 a positive change from Aegon's previous semi-annual dividend of $0.17. The ex-dividend date is Tuesday, June 17th. This represents a dividend yield of 5.3%. Aegon's dividend payout ratio is presently 34.38%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. BNP Paribas upgraded shares of Aegon from a "hold" rating to an "outperform" rating in a research report on Wednesday. StockNews.com raised Aegon from a "hold" rating to a "buy" rating in a research note on Monday, March 31st. Finally, BNP Paribas Exane upgraded Aegon from a "neutral" rating to an "outperform" rating in a research report on Wednesday.

About Aegon

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.