Grace & White Inc. NY Sells 35,354 Shares of Aegon Ltd. (NYSE:AEG)

Grace & White Inc. NY reduced its stake in shares of Aegon Ltd. (NYSE:AEG) by 2.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,646,899 shares of the financial services provider’s stock after selling 35,354 shares during the period. Aegon comprises 1.7% of Grace & White Inc. NY’s investment portfolio, making the stock its 20th biggest position. Grace & White Inc. NY’s holdings in Aegon were worth $9,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of AEG. Advisor Resource Council purchased a new stake in Aegon in the 4th quarter worth approximately $69,000. Prime Capital Investment Advisors LLC grew its holdings in Aegon by 48.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 22,817 shares of the financial services provider’s stock worth $131,000 after acquiring an additional 7,492 shares during the last quarter. Blue Trust Inc. grew its holdings in Aegon by 580.7% in the 4th quarter. Blue Trust Inc. now owns 12,069 shares of the financial services provider’s stock worth $70,000 after acquiring an additional 10,296 shares during the last quarter. Legacy Wealth Asset Management LLC bought a new position in Aegon during the fourth quarter valued at approximately $518,000. Finally, Bank of New York Mellon Corp raised its position in Aegon by 12.3% in the third quarter. Bank of New York Mellon Corp now owns 101,302 shares of the financial services provider’s stock worth $486,000 after acquiring an additional 11,117 shares during the period. 4.32% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Aegon from a “hold” rating to a “buy” rating in a research note on Thursday, April 18th.

Aegon Trading Up 2.1 %

Shares of Aegon stock traded up $0.13 on Tuesday, reaching $6.19. The stock had a trading volume of 3,317,043 shares, compared to its average volume of 2,297,188. The company has a 50 day moving average price of $5.89 and a 200 day moving average price of $5.60. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.48. Aegon Ltd. has a 1 year low of $4.22 and a 1 year high of $6.38.

Aegon Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, July 8th. Stockholders of record on Monday, June 17th will be issued a $0.1734 dividend. This is an increase from Aegon’s previous semi-annual dividend of $0.15. This represents a dividend yield of 4.9%. The ex-dividend date is Monday, June 17th.

Aegon Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, and mutual funds; mortgage loans; and individual retirement accounts, as well as stable value, investment management, and digital banking solutions.