Bank of America Corp DE lowered its holdings in shares of AEGON (NYSE:AEG) by 22.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,040,728 shares of the financial services provider’s stock after selling 298,585 shares during the period. Bank of America Corp DE’s holdings in AEGON were worth $4,840,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Dodge & Cox raised its position in AEGON by 1.4% during the third quarter. Dodge & Cox now owns 107,339,450 shares of the financial services provider’s stock worth $690,193,000 after acquiring an additional 1,522,608 shares during the last quarter. Private Management Group Inc. grew its holdings in shares of AEGON by 0.4% during the fourth quarter. Private Management Group Inc. now owns 6,516,227 shares of the financial services provider’s stock worth $30,300,000 after buying an additional 23,306 shares in the last quarter. Northern Trust Corp grew its holdings in shares of AEGON by 5.4% during the fourth quarter. Northern Trust Corp now owns 2,085,678 shares of the financial services provider’s stock worth $9,699,000 after buying an additional 106,137 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of AEGON by 16.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,174,957 shares of the financial services provider’s stock worth $7,555,000 after buying an additional 164,603 shares in the last quarter. Finally, Institute for Wealth Management LLC. grew its holdings in shares of AEGON by 11.2% during the fourth quarter. Institute for Wealth Management LLC. now owns 168,020 shares of the financial services provider’s stock worth $776,000 after buying an additional 16,907 shares in the last quarter. Institutional investors own 6.13% of the company’s stock.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of AEGON from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a report on Thursday, January 3rd. ValuEngine downgraded shares of AEGON from a “hold” rating to a “sell” rating in a report on Thursday, April 4th. Finally, Citigroup downgraded shares of AEGON from a “neutral” rating to a “sell” rating in a report on Thursday, January 17th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $5.13.

Shares of NYSE AEG opened at $5.10 on Wednesday. The stock has a market cap of $13.91 billion, a PE ratio of 5.67 and a beta of 1.15. AEGON has a 12 month low of $4.42 and a 12 month high of $7.48. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.60.

The company also recently declared a monthly dividend, which will be paid on Friday, June 21st. Stockholders of record on Wednesday, May 22nd will be issued a dividend of $0.1691 per share. The ex-dividend date of this dividend is Tuesday, May 21st. This represents a $2.03 dividend on an annualized basis and a dividend yield of 39.78%. AEGON’s dividend payout ratio (DPR) is presently 31.11%.

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About AEGON

Aegon N.V. provides insurance, pensions, and asset management services worldwide. It offers life, accident, and health insurance; property and casualty insurance; home and car insurance; individual investment accounts; annuities; retirement plan services; stable value solutions; retail and institutional investment management solutions; savings products; group pensions; mortgage loans; and bank accounts.

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Institutional Ownership by Quarter for AEGON (NYSE:AEG)

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