Aegon (NYSE:AEG) Shares Down 2.6%

Aegon Ltd. (NYSE:AEG) fell 2.6% on Thursday . The stock traded as low as $6.01 and last traded at $6.03. 409,360 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 2,073,541 shares. The stock had previously closed at $6.19.

Aegon Trading Down 1.2 %

The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.48. The company has a 50-day simple moving average of $5.87 and a two-hundred day simple moving average of $5.53.

Aegon Increases Dividend

The business 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 $0.1734 dividend. 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. This represents a yield of 4.9%.

Institutional Investors Weigh In On Aegon

Several large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP bought a new position in shares of Aegon in the first quarter worth $117,160,000. Morgan Stanley grew its stake in shares of Aegon by 1.4% in the third quarter. Morgan Stanley now owns 6,338,637 shares of the financial services provider’s stock worth $30,425,000 after purchasing an additional 85,055 shares in the last quarter. BlackRock Inc. grew its stake in shares of Aegon by 14.5% in the third quarter. BlackRock Inc. now owns 5,503,613 shares of the financial services provider’s stock worth $21,794,000 after purchasing an additional 697,389 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Aegon by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 4,937,745 shares of the financial services provider’s stock worth $25,034,000 after purchasing an additional 79,456 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Aegon by 10.4% in 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 purchasing an additional 389,582 shares in the last quarter. 4.32% of the stock is owned by institutional investors and hedge funds.

Aegon Company Profile

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.