Aegon NV (NYSE:AEG) Given Average Rating of “Buy” by Analysts

Shares of Aegon NV (NYSE:AEG) have been assigned an average rating of “Buy” from the five ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

Several research analysts have recently issued reports on the company. Zacks Research downgraded Aegon from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Weiss Ratings restated a “buy (b+)” rating on shares of Aegon in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Aegon from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th.

Institutional Investors Weigh In On Aegon

A number of institutional investors and hedge funds have recently bought and sold shares of AEG. Arrowstreet Capital Limited Partnership increased its position in Aegon by 104.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 21,006,803 shares of the financial services provider’s stock worth $152,089,000 after buying an additional 10,732,972 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Aegon by 27.5% during the third quarter. Dimensional Fund Advisors LP now owns 9,869,198 shares of the financial services provider’s stock valued at $78,853,000 after acquiring an additional 2,127,932 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Aegon by 306.1% during the second quarter. BNP Paribas Financial Markets now owns 6,169,541 shares of the financial services provider’s stock valued at $44,667,000 after acquiring an additional 4,650,272 shares during the last quarter. Wellington Management Group LLP increased its position in Aegon by 13.8% during the 1st quarter. Wellington Management Group LLP now owns 4,801,133 shares of the financial services provider’s stock worth $31,639,000 after purchasing an additional 582,622 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in Aegon by 2,348.0% in the 2nd quarter. Acadian Asset Management LLC now owns 3,482,943 shares of the financial services provider’s stock valued at $25,200,000 after purchasing an additional 3,340,666 shares during the last quarter. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Aegon Stock Performance

Shares of AEG stock opened at $7.51 on Thursday. The stock has a fifty day moving average price of $7.67 and a 200 day moving average price of $7.39. The stock has a market cap of $15.06 billion, a PE ratio of -28.87, a P/E/G ratio of 0.24 and a beta of 0.99. Aegon has a 1 year low of $5.42 and a 1 year high of $8.15.

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.