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Aegon (NYSE:AEG) Sees Strong Trading Volume

Aegon logo with Finance background

Shares of Aegon Ltd. (NYSE:AEG - Get Free Report) saw an uptick in trading volume on Friday . 5,221,080 shares traded hands during trading, an increase of 122% from the previous session's volume of 2,348,478 shares.The stock last traded at $6.73 and had previously closed at $6.69.

Analyst Ratings Changes

Separately, StockNews.com lowered Aegon from a "buy" rating to a "hold" rating in a research note on Monday, May 13th.

Check Out Our Latest Stock Analysis on Aegon

Aegon Stock Performance

The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.48. The company's 50-day simple moving average is $6.23 and its 200 day simple moving average is $5.86.

Aegon Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Monday, July 8th. Shareholders of record on Monday, June 17th will be given a dividend of $0.1734 per share. This represents a yield of 4.9%. This is an increase from Aegon's previous semi-annual dividend of $0.15. The ex-dividend date is Monday, June 17th.

Hedge Funds Weigh In On Aegon

Hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP acquired a new stake in shares of Aegon in the fourth quarter valued at about $25,961,000. Raymond James & Associates acquired a new stake in Aegon during the first quarter worth about $16,482,000. Point72 Europe London LLP acquired a new stake in Aegon during the fourth quarter worth about $4,118,000. Brandes Investment Partners LP grew its position in Aegon by 45.5% during the fourth quarter. Brandes Investment Partners LP now owns 1,922,545 shares of the financial services provider's stock worth $11,074,000 after buying an additional 601,003 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Aegon by 10.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,140,423 shares of the financial services provider's stock worth $23,849,000 after buying an additional 389,582 shares in the last quarter. 4.32% of the stock is owned by institutional investors and hedge funds.


About Aegon

(Get Free Report)

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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