Zacks Investment Research upgraded shares of Aegon NV (NYSE:AEG) from a sell rating to a hold rating in a research note issued to investors on Tuesday.

According to Zacks, “Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company’s other lines of business include property and casualty insurance and financial services. “

A number of other brokerages also recently commented on AEG. Societe Generale downgraded shares of Aegon NV from a buy rating to a hold rating in a research note on Wednesday, October 12th. Macquarie began coverage on shares of Aegon NV in a research note on Tuesday, October 11th. They set an outperform rating on the stock. Barclays PLC downgraded shares of Aegon NV from an equal weight rating to an underweight rating in a research note on Wednesday, June 29th. JPMorgan Chase & Co. downgraded shares of Aegon NV from an overweight rating to a neutral rating in a research note on Tuesday, June 28th. Finally, TheStreet downgraded shares of Aegon NV from a hold rating to a sell rating in a research note on Friday, August 19th. Two 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. Aegon NV presently has an average rating of Hold and an average target price of $6.50.

Shares of Aegon NV (NYSE:AEG) opened at 4.15 on Tuesday. The stock’s market cap is $8.52 billion. The company’s 50-day moving average is $3.99 and its 200-day moving average is $4.51. Aegon NV has a 52-week low of $3.36 and a 52-week high of $6.38.

A number of hedge funds and other institutional investors have recently bought and sold shares of AEG. Buckingham Asset Management LLC boosted its position in Aegon NV by 8.6% in the second quarter. Buckingham Asset Management LLC now owns 27,636 shares of the company’s stock valued at $111,000 after buying an additional 2,183 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Aegon NV by 36.5% in the second quarter. Bank of New York Mellon Corp now owns 120,512 shares of the company’s stock valued at $482,000 after buying an additional 32,252 shares during the last quarter. BB&T Corp boosted its position in shares of Aegon NV by 24.6% in the second quarter. BB&T Corp now owns 608,780 shares of the company’s stock valued at $2,440,000 after buying an additional 120,258 shares during the last quarter. Cambiar Investors LLC boosted 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. Finally, Genesee Valley Trust Co. boosted its position in shares of Aegon NV by 4.6% in the second quarter. Genesee Valley Trust Co. now owns 59,320 shares of the company’s stock valued at $238,000 after buying an additional 2,582 shares during the last quarter. Institutional investors own 6.81% of the company’s stock.

Aegon NV Company Profile

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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