Zacks Investment Research downgraded shares of AEGON (NYSE:AEG) from a buy rating to a hold rating in a research report sent to investors on Wednesday, March 7th.
According to Zacks, “Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company’s other lines of business include property and casualty insurance and financial services. “
Separately, ValuEngine raised AEGON from a buy rating to a strong-buy rating in a report on Wednesday, March 7th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. AEGON presently has an average rating of Buy and an average price target of $6.05.
Shares of AEGON (NYSE:AEG) traded up $0.09 during trading on Wednesday, hitting $6.90. The stock had a trading volume of 985,704 shares, compared to its average volume of 2,731,525. AEGON has a 1 year low of $4.73 and a 1 year high of $7.03. The stock has a market cap of $13,872.00, a price-to-earnings ratio of 8.10 and a beta of 1.40. The company has a current ratio of 0.09, a quick ratio of 0.10 and a debt-to-equity ratio of 0.59.
AEGON (NYSE:AEG) last announced its earnings results on Thursday, February 15th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter. AEGON had a return on equity of 6.57% and a net margin of 7.24%. The firm had revenue of $10.33 billion during the quarter. equities analysts forecast that AEGON will post 0.83 EPS for the current fiscal year.
The company also recently disclosed a semiannual dividend, which will be paid on Friday, June 22nd. Investors of record on Wednesday, May 23rd will be issued a $0.1745 dividend. The ex-dividend date of this dividend is Tuesday, May 22nd. This represents a yield of 5.09%. This is a positive change from AEGON’s previous semiannual dividend of $0.15. AEGON’s dividend payout ratio (DPR) is 19.53%.
A number of institutional investors and hedge funds have recently made changes to their positions in AEG. Campbell & CO Investment Adviser LLC grew its holdings in AEGON by 124.7% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 24,632 shares of the financial services provider’s stock valued at $143,000 after buying an additional 13,672 shares in the last quarter. Glenmede Trust Co. NA boosted its position in shares of AEGON by 276.6% during the 4th quarter. Glenmede Trust Co. NA now owns 31,781 shares of the financial services provider’s stock valued at $199,000 after acquiring an additional 23,343 shares during the last quarter. Lourd Capital LLC bought a new stake in shares of AEGON during the 4th quarter valued at about $238,000. Yorktown Management & Research Co Inc bought a new stake in shares of AEGON during the 3rd quarter valued at about $266,000. Finally, HBK Investments L P boosted its position in shares of AEGON by 82.4% during the 4th quarter. HBK Investments L P now owns 43,231 shares of the financial services provider’s stock valued at $272,000 after acquiring an additional 19,531 shares during the last quarter. 8.54% of the stock is owned by institutional investors.
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AEGON Company Profile
Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.
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