Aegon NV (AEG) Research Coverage Started at Macquarie
Research analysts at Macquarie initiated coverage on shares of Aegon NV (NYSE:AEG) in a research note issued to investors on Tuesday, The Fly reports. The firm set an “outperform” rating on the stock.
Several other brokerages have also issued reports on AEG. Zacks Investment Research upgraded Aegon NV from a “sell” rating to a “hold” rating in a research note on Friday, September 2nd. Barclays PLC lowered Aegon NV from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, June 29th. JPMorgan Chase & Co. lowered Aegon NV from an “overweight” rating to a “neutral” rating in a research report on Tuesday, June 28th. Finally, TheStreet lowered Aegon NV from a “hold” rating to a “sell” rating in a research report on Friday, August 19th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $6.50.
Shares of Aegon NV (NYSE:AEG) traded up 0.98% during midday trading on Tuesday, hitting $4.12. The company’s stock had a trading volume of 1,286,481 shares. The company has a 50-day moving average price of $3.95 and a 200 day moving average price of $4.56. The company’s market cap is $8.46 billion. Aegon NV has a 1-year low of $3.36 and a 1-year high of $6.38.
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The business also recently announced a dividend, which was paid on Friday, September 16th. Shareholders of record on Monday, August 22nd were issued a dividend of $0.124 per share. The ex-dividend date was Thursday, August 18th. Aegon NV’s payout ratio is presently -125.00%.
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cambiar Investors LLC increased its position in shares of Aegon NV by 5.4% in the second quarter. Cambiar Investors LLC now owns 18,508,180 shares of the company’s stock valued at $74,218,000 after buying an additional 949,402 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Aegon NV by 27.1% in the first quarter. Goldman Sachs Group Inc. now owns 661,812 shares of the company’s stock valued at $3,641,000 after buying an additional 141,296 shares during the last quarter. Bank of Montreal Can bought a new position in shares of Aegon NV during the second quarter valued at approximately $358,000. Envestnet Asset Management Inc. increased its position in shares of Aegon NV by 10.2% in the first quarter. Envestnet Asset Management Inc. now owns 560,451 shares of the company’s stock valued at $3,082,000 after buying an additional 51,891 shares during the last quarter. Finally, Commerce Bank increased its position in shares of Aegon NV by 94.9% in the second quarter. Commerce Bank now owns 78,091 shares of the company’s stock valued at $313,000 after buying an additional 38,021 shares during the last quarter. 6.81% of the stock is currently owned by hedge funds and other institutional investors.
About Aegon NV
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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