Aegon NV (NYSE:AEG) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 5,187,564 shares, an increase of 106.8% from the October 14th total of 2,508,500 shares. Based on an average trading volume of 2,510,707 shares, the short-interest ratio is currently 2.1 days. Currently, 0.2% of the shares of the company are short sold.

A number of research firms have weighed in on AEG. TheStreet raised shares of Aegon NV from a “sell” rating to a “hold” rating in a research report on Monday. Zacks Investment Research raised shares of Aegon NV from a “sell” rating to a “hold” rating in a research report on Friday, September 2nd. Bank of America Corp. set a $5.00 target price on shares of Aegon NV and gave the stock a “hold” rating in a research report on Monday, November 14th. Macquarie started coverage on shares of Aegon NV in a research report on Tuesday, October 11th. They set an “outperform” rating for the company. Finally, Societe Generale lowered shares of Aegon NV from a “buy” rating to a “hold” rating in a research report on Wednesday, October 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. Aegon NV has a consensus rating of “Hold” and an average target price of $5.38.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp increased its position in shares of Aegon NV by 1.4% in the second quarter. Fifth Third Bancorp now owns 40,197 shares of the company’s stock worth $161,000 after buying an additional 573 shares during the period. Highland Capital Management LLC increased its position in shares of Aegon NV by 1.2% in the third quarter. Highland Capital Management LLC now owns 83,128 shares of the company’s stock worth $321,000 after buying an additional 1,000 shares during the period. FDx Advisors Inc. increased its position in shares of Aegon NV by 6.9% in the second quarter. FDx Advisors Inc. now owns 28,498 shares of the company’s stock worth $114,000 after buying an additional 1,831 shares during the period. Buckingham Asset Management LLC increased its position in shares of Aegon NV by 8.6% in the second quarter. Buckingham Asset Management LLC now owns 27,636 shares of the company’s stock worth $111,000 after buying an additional 2,183 shares during the period. Finally, Genesee Valley Trust Co. increased its position in shares of Aegon NV by 3.9% in the third quarter. Genesee Valley Trust Co. now owns 61,612 shares of the company’s stock worth $238,000 after buying an additional 2,292 shares during the period. 7.04% of the stock is owned by institutional investors.

Shares of Aegon NV (NYSE:AEG) opened at 5.19 on Wednesday. The company’s market cap is $10.65 billion. The company has a 50-day moving average of $4.46 and a 200-day moving average of $4.31. Aegon NV has a 1-year low of $3.36 and a 1-year high of $6.19.

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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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