Larson Financial Group LLC Has $660,000 Position in Aegon NV (NYSE:AEG)

Larson Financial Group LLC raised its position in Aegon NV (NYSE:AEG - Free Report) by 119,047.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,084 shares of the financial services provider's stock after buying an additional 100,000 shares during the period. Larson Financial Group LLC's holdings in Aegon were worth $660,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in shares of Aegon by 5.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,413,607 shares of the financial services provider's stock valued at $31,886,000 after acquiring an additional 298,679 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Aegon in the fourth quarter worth $15,397,000. Voloridge Investment Management LLC increased its stake in shares of Aegon by 27.6% during the fourth quarter. Voloridge Investment Management LLC now owns 1,895,842 shares of the financial services provider's stock valued at $11,167,000 after acquiring an additional 409,694 shares during the period. Northern Trust Corp increased its position 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 valued at $8,363,000 after purchasing an additional 679,126 shares during the period. Finally, Marshall Wace LLP raised its stake in shares of 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 buying an additional 387,085 shares in the last quarter. 4.32% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AEG has been the topic of a number of research analyst reports. BNP Paribas raised Aegon from a "hold" rating to an "outperform" rating in a report on Wednesday, May 7th. BNP Paribas Exane raised shares of Aegon from a "neutral" rating to an "outperform" rating in a research report on Wednesday, May 7th. Berenberg Bank raised shares of Aegon to a "strong-buy" rating in a research note on Thursday, May 29th. Finally, Wall Street Zen cut Aegon from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. One investment 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's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy".

Aegon Price Performance

AEG traded up $0.07 during midday trading on Thursday, reaching $7.08. 4,741,956 shares of the company's stock were exchanged, compared to its average volume of 6,513,469. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $15.60 billion, a price-to-earnings ratio of 7.37, a price-to-earnings-growth ratio of 0.27 and a beta of 0.91. Aegon NV has a one year low of $5.42 and a one year high of $7.32. The business has a 50-day simple moving average of $7.02 and a two-hundred day simple moving average of $6.56.

Aegon Increases Dividend

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

Aegon announced that its board has approved a stock buyback plan on Friday, May 16th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

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.