Aegon NV (NYSE:AEG) was downgraded by investment analysts at Societe Generale from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

AEG has been the topic of a number of other research reports. TheStreet lowered shares of Aegon NV from a “hold” rating to a “sell” rating in a research note on Friday, August 19th. Zacks Investment Research lowered shares of Aegon NV from a “hold” rating to a “sell” rating in a research note on Tuesday, July 19th. JPMorgan Chase & Co. lowered shares of Aegon NV from an “overweight” rating to a “neutral” rating in a research note on Tuesday, June 28th. Barclays PLC lowered shares of Aegon NV from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, June 29th. Finally, Macquarie started coverage on shares of Aegon NV in a research note on Tuesday. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $6.50.

Analyst Recommendations for Aegon NV (NYSE:AEG)

Shares of Aegon NV (NYSE:AEG) traded up 2.93% on Wednesday, reaching $4.21. 2,822,630 shares of the company’s stock were exchanged. Aegon NV has a 12 month low of $3.36 and a 12 month high of $6.38. The firm’s 50-day moving average price is $3.96 and its 200 day moving average price is $4.56. The company’s market cap is $8.64 billion.

The company also recently declared a dividend, which was paid on Friday, September 16th. Stockholders 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 dividend payout ratio (DPR) is presently -125.00%.

Several hedge funds have recently modified their holdings of the company. Dodge & Cox increased its stake in shares of 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. Cambiar Investors LLC increased its stake 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 worth $74,218,000 after buying an additional 949,402 shares during the period. Brandes Investment Partners LP increased its stake in shares of 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. Private Management Group Inc. increased its stake in shares of 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, Franklin Resources Inc. increased its stake in shares of Aegon NV by 6.6% in the first quarter. Franklin Resources Inc. now owns 1,591,261 shares of the company’s stock worth $8,752,000 after buying an additional 98,871 shares during the period. 6.81% of the stock is owned by 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.

5 Day Chart for NYSE:AEG

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