Aegon Ltd. (NYSE:AEG) Short Interest Down 5.9% in April

Aegon Ltd. (NYSE:AEG) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 2,540,000 shares, a drop of 5.9% from the March 31st total of 2,700,000 shares. Based on an average daily trading volume, of 2,420,000 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are short sold.

Aegon Stock Up 0.8 %

Shares of AEG stock opened at $6.25 on Tuesday. The business has a 50 day moving average of $5.94 and a two-hundred day moving average of $5.64. Aegon has a 52 week low of $4.22 and a 52 week high of $6.38. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.08.

Aegon Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Aegon from a “buy” rating to a “hold” rating in a report on Friday.

Hedge Funds Weigh In On Aegon

Several hedge funds and other institutional investors have recently modified their holdings of the company. Perigon Wealth Management LLC bought a new stake in shares of Aegon during the first quarter valued at approximately $64,000. Summit Global Investments grew its holdings in Aegon by 0.4% in the 1st quarter. Summit Global Investments now owns 1,039,545 shares of the financial services provider’s stock worth $6,289,000 after buying an additional 4,303 shares in the last quarter. Raymond James & Associates acquired a new stake in Aegon in the 1st quarter valued at approximately $16,482,000. Legacy Wealth Asset Management LLC raised its stake in Aegon by 2.1% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 91,827 shares of the financial services provider’s stock valued at $556,000 after acquiring an additional 1,849 shares in the last quarter. Finally, Wealthstar Advisors LLC boosted its position in Aegon by 4.3% during the 1st quarter. Wealthstar Advisors LLC now owns 96,697 shares of the financial services provider’s stock worth $585,000 after acquiring an additional 4,028 shares during the period. Institutional investors and hedge funds own 4.32% of the company’s stock.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.