Stifel Financial Corp Lowers Holdings in Aegon Ltd. (NYSE:AEG)

Stifel Financial Corp lessened its position in shares of Aegon Ltd. (NYSE:AEG - Free Report) by 11.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 366,490 shares of the financial services provider's stock after selling 49,002 shares during the quarter. Stifel Financial Corp's holdings in Aegon were worth $2,159,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in shares of Aegon by 1,136.2% during the fourth quarter. NewEdge Advisors LLC now owns 4,846 shares of the financial services provider's stock worth $29,000 after purchasing an additional 4,454 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Aegon during the 3rd quarter worth $48,000. Smartleaf Asset Management LLC increased its position in Aegon by 70.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 9,184 shares of the financial services provider's stock valued at $54,000 after buying an additional 3,802 shares in the last quarter. Alliance Wealth Advisors LLC UT purchased a new stake in Aegon in the fourth quarter valued at about $68,000. Finally, GeoWealth Management LLC boosted its holdings in Aegon by 56.8% in the fourth quarter. GeoWealth Management LLC now owns 13,036 shares of the financial services provider's stock worth $77,000 after acquiring an additional 4,721 shares in the last quarter. Hedge funds and other institutional investors own 4.32% of the company's stock.

Analyst Ratings Changes

AEG has been the topic of several recent analyst reports. StockNews.com upgraded shares of Aegon from a "hold" rating to a "buy" rating in a report on Monday, March 31st. BNP Paribas upgraded shares of Aegon from a "hold" rating to an "outperform" rating in a research note on Wednesday. Finally, BNP Paribas Exane upgraded shares of Aegon from a "neutral" rating to an "outperform" rating in a research note on Wednesday.

Aegon Trading Up 1.4 %

Shares of AEG stock traded up $0.09 during mid-day trading on Friday, reaching $6.71. The stock had a trading volume of 15,613,134 shares, compared to its average volume of 4,990,860. Aegon Ltd. has a 1-year low of $5.42 and a 1-year high of $6.96. The firm has a market cap of $14.79 billion, a price-to-earnings ratio of 6.99 and a beta of 0.91. The business's fifty day moving average is $6.34 and its 200-day moving average is $6.31.

Aegon Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, July 7th. Shareholders 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 positive change from Aegon's previous semi-annual dividend of $0.17. This represents a yield of 5.3%. Aegon's dividend payout ratio (DPR) is currently 34.38%.

Aegon 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.