Aegon (NYSE:AEG) Rating Lowered to “Neutral” at UBS Group

Aegon (NYSE:AEG) was downgraded by investment analysts at UBS Group from a “buy” rating to a “neutral” rating in a report issued on Wednesday, Marketbeat reports.

Other equities analysts have also recently issued research reports about the stock. Wall Street Zen upgraded shares of Aegon from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Zacks Research lowered shares of Aegon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Aegon in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Aegon Trading Down 0.4%

Shares of NYSE AEG opened at $7.83 on Wednesday. The firm has a market capitalization of $15.71 billion, a price-to-earnings ratio of -30.12, a PEG ratio of 0.21 and a beta of 0.79. Aegon has a one year low of $5.42 and a one year high of $8.15. The business has a fifty day simple moving average of $7.67 and a 200 day simple moving average of $7.44.

Institutional Trading of Aegon

Large investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC boosted its holdings in shares of Aegon by 2,348.0% in the 2nd quarter. Acadian Asset Management LLC now owns 3,482,943 shares of the financial services provider’s stock worth $25,200,000 after acquiring an additional 3,340,666 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Aegon by 27.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 170,827 shares of the financial services provider’s stock valued at $1,126,000 after purchasing an additional 36,511 shares in the last quarter. Focus Partners Advisor Solutions LLC bought a new position in Aegon in the 2nd quarter valued at $80,000. Creative Planning boosted its stake in Aegon by 15.9% in the second quarter. Creative Planning now owns 401,101 shares of the financial services provider’s stock worth $2,904,000 after purchasing an additional 55,028 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC boosted its stake in Aegon by 407.9% in the second quarter. Campbell & CO Investment Adviser LLC now owns 201,002 shares of the financial services provider’s stock worth $1,455,000 after purchasing an additional 161,423 shares in the last quarter. 4.32% of the stock is owned by institutional investors.

Aegon Company 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.