Aegon (NYSE:AEG)’s share price hit a new 52-week high and low during mid-day trading on Friday . The stock traded as low as $7.28 and last traded at $7.23, with a volume of 486713 shares trading hands. The stock had previously closed at $7.23.
Several equities analysts recently issued reports on AEG shares. Zacks Investment Research raised shares of Aegon from a “hold” rating to a “buy” rating and set a $7.25 price target for the company in a report on Tuesday, January 9th. ValuEngine raised shares of Aegon from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 7th. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company. Aegon presently has an average rating of “Buy” and a consensus target price of $6.18.
The firm has a market cap of $14,749.20, a PE ratio of 8.57 and a beta of 1.40. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.09 and a current ratio of 0.09.
Aegon (NYSE:AEG) last announced its quarterly earnings results on Thursday, February 15th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter. Aegon had a net margin of 7.24% and a return on equity of 6.59%. The firm had revenue of $10.33 billion during the quarter. equities analysts anticipate that Aegon will post 0.83 EPS for the current year.
The business also recently announced a semiannual dividend, which will be paid on Friday, June 22nd. Shareholders of record on Wednesday, May 23rd will be paid a $0.1745 dividend. The ex-dividend date of this dividend is Tuesday, May 22nd. This is an increase from Aegon’s previous semiannual dividend of $0.15. This represents a dividend yield of 5.09%. Aegon’s payout ratio is currently 29.76%.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Glenmede Trust Co. NA raised its stake in shares of Aegon by 276.6% in the fourth quarter. Glenmede Trust Co. NA now owns 31,781 shares of the financial services provider’s stock worth $199,000 after acquiring an additional 23,343 shares during the last quarter. Lourd Capital LLC bought a new position in shares of Aegon in the fourth quarter worth about $238,000. HBK Investments L P raised its stake in shares of Aegon by 82.4% in the fourth quarter. HBK Investments L P now owns 43,231 shares of the financial services provider’s stock worth $272,000 after acquiring an additional 19,531 shares during the last quarter. Susquehanna International Group LLP bought a new position in shares of Aegon in the third quarter worth about $308,000. Finally, Cubist Systematic Strategies LLC raised its stake in shares of Aegon by 123.9% in the third quarter. Cubist Systematic Strategies LLC now owns 73,580 shares of the financial services provider’s stock worth $426,000 after acquiring an additional 40,717 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. provides life insurance, pensions, and asset management services. It offers life and protection products, such as traditional and universal life insurance products, as well as employer, endowment, term, and whole life insurance products; and supplemental health, accidental death and dismemberment insurance, critical illness, cancer treatment, credit/disability, income protection, travel, and long-term care insurance products.
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