Aegon NV (AEG) Coverage Initiated by Analysts at Macquarie
Investment analysts at Macquarie assumed coverage on shares of Aegon NV (NYSE:AEG) in a note issued to investors on Tuesday, The Fly reports. The firm set an “outperform” rating on the stock.
AEG has been the topic of several other research reports. TheStreet cut shares of Aegon NV from a “hold” rating to a “sell” rating in a research note on Friday, August 19th. Zacks Investment Research cut shares of Aegon NV from a “hold” rating to a “sell” rating in a research report on Tuesday, July 19th. JPMorgan Chase & Co. cut shares of Aegon NV from an “overweight” rating to a “neutral” rating in a research report on Tuesday, June 28th. Finally, Barclays PLC cut shares of Aegon NV from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Aegon NV presently has an average rating of “Hold” and an average target price of $6.50.
Shares of Aegon NV (NYSE:AEG) traded up 0.711% on Tuesday, reaching $4.109. The company’s stock had a trading volume of 1,308,147 shares. Aegon NV has a 52-week low of $3.36 and a 52-week high of $6.38. The firm has a 50 day moving average of $3.96 and a 200 day moving average of $4.56. The company’s market cap is $8.43 billion.
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The business also recently disclosed a dividend, which was paid on Friday, September 16th. Stockholders of record on Monday, August 22nd were given a dividend of $0.124 per share. The ex-dividend date was Thursday, August 18th. Aegon NV’s dividend payout ratio (DPR) is presently -125.00%.
Several institutional investors have recently added to or reduced their stakes in the company. Dodge & Cox boosted its position in Aegon NV by 3.0% in the second quarter. Dodge & Cox now owns 110,757,413 shares of the company’s stock worth $444,137,000 after buying an additional 3,256,888 shares during the period. Brandes Investment Partners LP boosted its position in Aegon NV by 18.7% in the second quarter. Brandes Investment Partners LP now owns 11,761,239 shares of the company’s stock worth $47,163,000 after buying an additional 1,856,104 shares during the period. Cambiar Investors LLC boosted its position in Aegon NV by 5.4% in the second quarter. Cambiar Investors LLC now owns 18,508,180 shares of the company’s stock worth $74,218,000 after buying an additional 949,402 shares during the period. Private Management Group Inc. boosted its position in Aegon NV by 2.6% in the second quarter. Private Management Group Inc. now owns 5,960,249 shares of the company’s stock worth $23,901,000 after buying an additional 150,010 shares during the period. Finally, US Bancorp DE boosted its position in Aegon NV by 34.0% in the second quarter. US Bancorp DE now owns 575,139 shares of the company’s stock worth $2,307,000 after buying an additional 145,810 shares during the period. 6.81% of the stock is currently owned by institutional investors.
Aegon NV Company Profile
AEGON NV is a life insurance, pensions and asset management company based in the Netherlands. The Company’s products range from life, critical illness and disability insurance, to pensions, annuities, long-term savings and investments. It also offers mortgages, and car, household and travel insurance in some markets.
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