Aegon (NYSE:AEG) Sets New 52-Week High at $6.38

Aegon Ltd. (NYSE:AEG)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $6.38 and last traded at $6.34, with a volume of 280053 shares traded. The stock had previously closed at $6.30.

Aegon Price Performance

The firm has a 50-day moving average price of $5.86 and a 200-day moving average price of $5.52. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.08 and a quick ratio of 0.08.

Aegon Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Monday, July 8th. Investors of record on Monday, June 17th will be given a dividend of $0.1734 per share. This represents a yield of 4.9%. The ex-dividend date of this dividend is Monday, June 17th. This is a positive change from Aegon’s previous semi-annual dividend of $0.15.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AEG. Bell Investment Advisors Inc increased its position in Aegon by 461.5% during the 4th quarter. Bell Investment Advisors Inc now owns 4,301 shares of the financial services provider’s stock valued at $25,000 after buying an additional 3,535 shares in the last quarter. BNP Paribas Arbitrage SNC bought a new position in Aegon during the 3rd quarter valued at approximately $26,000. Fortis Capital Advisors LLC bought a new position in Aegon during the 1st quarter valued at approximately $34,000. Belpointe Asset Management LLC increased its position in Aegon by 3,154.7% during the 1st quarter. Belpointe Asset Management LLC now owns 8,625 shares of the financial services provider’s stock valued at $37,000 after buying an additional 8,360 shares in the last quarter. Finally, Allworth Financial LP increased its position in Aegon by 144.8% during the 3rd quarter. Allworth Financial LP now owns 8,201 shares of the financial services provider’s stock valued at $39,000 after buying an additional 4,851 shares in the last quarter. Institutional investors own 4.32% of the company’s stock.

About Aegon

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.