Dimensional Fund Advisors LP Has $31.89 Million Stock Position in Aegon Ltd. (NYSE:AEG)

Dimensional Fund Advisors LP raised its stake in Aegon Ltd. (NYSE:AEG - Free Report) by 5.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,413,607 shares of the financial services provider's stock after buying an additional 298,679 shares during the quarter. Dimensional Fund Advisors LP owned about 0.25% of Aegon worth $31,886,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wealthstar Advisors LLC bought a new stake in Aegon in the 4th quarter valued at $601,000. Savant Capital LLC boosted its position in shares of Aegon by 6.4% during the fourth quarter. Savant Capital LLC now owns 37,744 shares of the financial services provider's stock worth $222,000 after buying an additional 2,275 shares during the period. OLD Mission Capital LLC grew its holdings in shares of 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 worth $6,059,000 after buying an additional 841,863 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in Aegon by 51.0% in 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 buying an additional 68,310 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Aegon in the 4th quarter valued at approximately $15,397,000. Institutional investors and hedge funds own 4.32% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Aegon from a "hold" rating to a "buy" rating in a research note on Monday, March 31st.

Aegon Price Performance

Shares of NYSE:AEG opened at $6.67 on Tuesday. The company's 50-day moving average price is $6.30 and its two-hundred day moving average price is $6.30. Aegon Ltd. has a one year low of $5.42 and a one year high of $6.96. The stock has a market capitalization of $14.70 billion, a PE ratio of 6.95 and a beta of 0.91.

Aegon Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, July 7th. Investors of record on Tuesday, June 17th will be given a dividend of $0.1992 per share. The ex-dividend date is Tuesday, June 17th. This is a boost from Aegon's previous semi-annual dividend of $0.17. This represents a yield of 5.3%. 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.

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