Aegon Ltd. (NYSE:AEG - Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 2,700,000 shares, a growth of 30.4% from the March 15th total of 2,070,000 shares. Based on an average daily volume of 2,070,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.2% of the company's stock are short sold.
Hedge Funds Weigh In On Aegon
A number of hedge funds have recently added to or reduced their stakes in AEG. Advisor Group Holdings Inc. lifted its position in shares of Aegon by 218.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 40,768 shares of the financial services provider's stock worth $399,000 after buying an additional 27,947 shares during the last quarter. JPMorgan Chase & Co. increased its position in Aegon by 44.5% in the first quarter. JPMorgan Chase & Co. now owns 10,277 shares of the financial services provider's stock worth $53,000 after buying an additional 3,167 shares during the period. American Century Companies Inc. increased its position in Aegon by 62.4% in the first quarter. American Century Companies Inc. now owns 431,303 shares of the financial services provider's stock worth $2,282,000 after buying an additional 165,800 shares during the period. Dimensional Fund Advisors LP lifted its stake in Aegon by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,613,502 shares of the financial services provider's stock valued at $19,115,000 after buying an additional 233,687 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in shares of Aegon during the first quarter valued at $82,000. Institutional investors and hedge funds own 4.32% of the company's stock.
Aegon Trading Down 1.2 %
Shares of Aegon stock traded down $0.07 during trading on Friday, reaching $5.88. The company had a trading volume of 3,764,620 shares, compared to its average volume of 2,002,773. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.08. Aegon has a fifty-two week low of $4.22 and a fifty-two week high of $6.38. The firm's fifty day moving average is $5.88 and its 200-day moving average is $5.54.
Aegon Increases Dividend
The company also recently disclosed a semi-annual dividend, which will be paid on Monday, July 8th. Investors of record on Monday, June 17th will be paid a dividend of $0.1734 per share. The ex-dividend date of this dividend is Monday, June 17th. This is a boost from Aegon's previous semi-annual dividend of $0.15. This represents a yield of 4.9%.
About Aegon
(
Get Free Report)
Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, and mutual funds; mortgage loans; and individual retirement accounts, as well as stable value, investment management, and digital banking solutions.
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