Larson Financial Group LLC Raises Stock Holdings in Aegon NV (NYSE:AEG)

Larson Financial Group LLC increased its position in shares of Aegon NV (NYSE:AEG - Free Report) by 119,047.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 100,084 shares of the financial services provider's stock after acquiring an additional 100,000 shares during the quarter. Larson Financial Group LLC's holdings in Aegon were worth $660,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of AEG. Raymond James Financial Inc. acquired a new position in shares of Aegon in the 4th quarter valued at about $15,397,000. BNP Paribas Financial Markets increased its stake in Aegon by 517.6% in the 4th quarter. BNP Paribas Financial Markets now owns 1,220,786 shares of the financial services provider's stock valued at $7,190,000 after buying an additional 1,023,116 shares during the period. OLD Mission Capital LLC increased its stake in shares of Aegon by 450.5% during the 4th quarter. OLD Mission Capital LLC now owns 1,028,750 shares of the financial services provider's stock worth $6,059,000 after purchasing an additional 841,863 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Aegon during the 4th quarter worth $4,733,000. Finally, Northern Trust Corp increased its stake in shares of Aegon by 91.7% during the 4th quarter. Northern Trust Corp now owns 1,419,940 shares of the financial services provider's stock worth $8,363,000 after purchasing an additional 679,126 shares during the last quarter. Hedge funds and other institutional investors own 4.32% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AEG. BNP Paribas Exane raised shares of Aegon from a "neutral" rating to an "outperform" rating in a report on Wednesday, May 7th. Berenberg Bank raised shares of Aegon to a "strong-buy" rating in a research note on Thursday, May 29th. Wall Street Zen lowered shares of Aegon from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Finally, BNP Paribas upgraded shares of Aegon from a "hold" rating to an "outperform" rating in a research note on Wednesday, May 7th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

Aegon Stock Performance

AEG stock traded up $0.01 during trading on Friday, reaching $7.08. The stock had a trading volume of 7,233,267 shares, compared to its average volume of 6,555,701. The firm has a market cap of $15.61 billion, a PE ratio of 7.38, a PEG ratio of 0.27 and a beta of 0.91. The stock's 50 day moving average is $7.04 and its two-hundred day moving average is $6.59. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.50. Aegon NV has a 52 week low of $5.42 and a 52 week high of $7.32.

Aegon declared that its board has approved a stock buyback program on Friday, May 16th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

Aegon Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, June 17th were given a dividend of $0.1992 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This is a positive change from Aegon's previous semi-annual dividend of $0.17. This represents a yield of 5.3%. Aegon's payout ratio is 38.54%.

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.