Quadrant Capital Group LLC Grows Position in AEGON (NYSE:AEG)

Quadrant Capital Group LLC boosted its stake in AEGON (NYSE:AEG) by 820.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 79,750 shares of the financial services provider’s stock after purchasing an additional 71,089 shares during the quarter. Quadrant Capital Group LLC’s holdings in AEGON were worth $393,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. grew its stake in AEGON by 3,800.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 600,812 shares of the financial services provider’s stock worth $2,878,000 after buying an additional 585,409 shares during the period. Deutsche Bank AG purchased a new stake in AEGON during the fourth quarter worth approximately $2,377,000. Marshall Wace LLP purchased a new stake in AEGON during the first quarter worth approximately $868,000. Brandes Investment Partners LP grew its stake in AEGON by 3.9% during the first quarter. Brandes Investment Partners LP now owns 4,769,621 shares of the financial services provider’s stock worth $22,846,000 after buying an additional 180,224 shares during the period. Finally, Northern Trust Corp grew its stake in AEGON by 5.4% during the fourth quarter. Northern Trust Corp now owns 2,085,678 shares of the financial services provider’s stock worth $9,699,000 after buying an additional 106,137 shares during the period. Hedge funds and other institutional investors own 6.06% of the company’s stock.

Shares of NYSE AEG traded down $0.23 during trading on Friday, reaching $4.55. 2,071,329 shares of the stock were exchanged, compared to its average volume of 1,021,703. The business’s 50-day moving average price is $4.97. AEGON has a twelve month low of $4.42 and a twelve month high of $6.81. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.60. The company has a market cap of $12.81 billion, a P/E ratio of 5.06 and a beta of 1.19.

AEG has been the subject of several research reports. Keefe, Bruyette & Woods upgraded shares of AEGON from an “underperform” rating to a “market perform” rating in a research note on Tuesday, May 28th. Citigroup upgraded shares of AEGON from a “sell” rating to a “neutral” rating in a research note on Monday, June 10th. Zacks Investment Research upgraded shares of AEGON from a “sell” rating to a “hold” rating in a research note on Tuesday, July 23rd. ING Group upgraded shares of AEGON from a “hold” rating to a “buy” rating in a research note on Tuesday, May 21st. Finally, CL King upgraded shares of AEGON from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. AEGON presently has a consensus rating of “Hold” and an average target price of $5.38.

About AEGON

Aegon N.V. provides insurance, pensions, and asset management services worldwide. It offers life, accident, and health insurance; property and casualty insurance; home and car insurance; individual investment accounts; annuities; retirement plan services; stable value solutions; retail and institutional investment management solutions; savings products; group pensions; mortgage loans; and bank accounts.

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Institutional Ownership by Quarter for AEGON (NYSE:AEG)

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