Aegon (NYSE:AEG)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $4.82, but opened at $4.71. Aegon shares last traded at $4.72, with a volume of 64,293 shares trading hands.
A number of research analysts recently weighed in on AEG shares. Berenberg Bank reaffirmed a “buy” rating on shares of Aegon in a research note on Thursday, March 25th. Zacks Investment Research lowered shares of Aegon from a “hold” rating to a “sell” rating in a research note on Wednesday, March 31st. Morgan Stanley reissued an “equal weight” rating on shares of Aegon in a research note on Tuesday, January 19th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aegon in a report on Wednesday, January 6th. Finally, Societe Generale restated a “sell” rating on shares of Aegon in a report on Friday, February 19th. Five equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $3.25.
The firm has a market capitalization of $12.68 billion, a PE ratio of 5.24 and a beta of 1.37. The company’s 50-day moving average price is $4.81 and its 200-day moving average price is $3.85.
The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 7th. Stockholders of record on Tuesday, June 8th will be given a dividend of $0.0727 per share. This is a boost from Aegon’s previous semi-annual dividend of $0.07. This represents a dividend yield of 2.7%. The ex-dividend date is Monday, June 7th. Aegon’s payout ratio is 15.22%.
Several institutional investors have recently added to or reduced their stakes in AEG. Fieldpoint Private Securities LLC purchased a new stake in shares of Aegon during the 4th quarter worth $27,000. Squarepoint Ops LLC purchased a new stake in shares of Aegon during the 4th quarter worth $92,000. Advisor Partners LLC lifted its position in shares of Aegon by 14.7% during the 3rd quarter. Advisor Partners LLC now owns 64,343 shares of the financial services provider’s stock worth $165,000 after purchasing an additional 8,253 shares during the last quarter. First Trust Advisors LP purchased a new stake in Aegon in the fourth quarter valued at $190,000. Finally, Virtu Financial LLC purchased a new stake in Aegon in the fourth quarter valued at $212,000.
Aegon Company Profile (NYSE:AEG)
Aegon N.V. provides insurance, pensions, and asset management services in the Americas, Europe, and Asia. Its insurance products include life, accident, and health insurance; property and casualty insurance; and household and car insurance. The company also offers savings products, such as retirement plan services; annuities; mutual funds; and stable value solutions.
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