Aegon NV (NYSE:AEG) Upgraded to Hold by BidaskClub
Aegon NV (NYSE:AEG) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Friday, July 7th.
Other analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Aegon NV from a “hold” rating to a “sell” rating in a report on Friday, May 12th. TheStreet downgraded shares of Aegon NV from a “b-” rating to a “c” rating in a report on Thursday, May 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $5.63.
Shares of Aegon NV (NYSE:AEG) traded up 0.53% during midday trading on Friday, reaching $5.67. The company’s stock had a trading volume of 800,445 shares. Aegon NV has a 52 week low of $3.70 and a 52 week high of $5.84. The stock has a market capitalization of $11.57 billion, a PE ratio of 18.53 and a beta of 1.39. The company has a 50 day moving average price of $5.26 and a 200-day moving average price of $5.27.
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A number of hedge funds have recently bought and sold shares of AEG. Brandes Investment Partners LP increased its stake in Aegon NV by 5.3% in the first quarter. Brandes Investment Partners LP now owns 12,039,754 shares of the financial services provider’s stock valued at $61,764,000 after buying an additional 609,480 shares during the period. Comerica Bank increased its stake in Aegon NV by 15.2% in the fourth quarter. Comerica Bank now owns 150,183 shares of the financial services provider’s stock valued at $829,000 after buying an additional 19,860 shares during the period. Dodge & Cox bought a new stake in Aegon NV during the fourth quarter valued at $600,457,000. Fifth Third Bancorp increased its stake in Aegon NV by 72.9% in the first quarter. Fifth Third Bancorp now owns 111,771 shares of the financial services provider’s stock valued at $573,000 after buying an additional 47,122 shares during the period. Finally, Bronfman E.L. Rothschild L.P. increased its stake in Aegon NV by 1,549.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 23,961 shares of the financial services provider’s stock valued at $123,000 after buying an additional 22,508 shares during the period. Hedge funds and other institutional investors own 10.33% of the company’s stock.
About Aegon NV
Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.
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