Hantz Financial Services Inc. Acquires 27,033 Shares of Aegon NV $AEG

Hantz Financial Services Inc. boosted its holdings in Aegon NV (NYSE:AEG) by 1,860.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,486 shares of the financial services provider’s stock after acquiring an additional 27,033 shares during the quarter. Hantz Financial Services Inc.’s holdings in Aegon were worth $206,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AEG. SVB Wealth LLC bought a new position in shares of Aegon during the 1st quarter worth approximately $42,000. Deutsche Bank AG bought a new position in shares of Aegon during the 1st quarter worth approximately $61,000. Blueshift Asset Management LLC bought a new position in shares of Aegon during the 1st quarter worth approximately $68,000. Bailard Inc. bought a new position in shares of Aegon during the 1st quarter worth approximately $68,000. Finally, HB Wealth Management LLC bought a new position in shares of Aegon during the 2nd quarter worth approximately $77,000. Institutional investors own 4.32% of the company’s stock.

Aegon Price Performance

AEG opened at $7.58 on Monday. The company has a fifty day moving average price of $7.71 and a 200-day moving average price of $7.26. The firm has a market capitalization of $15.20 billion, a P/E ratio of -29.13, a price-to-earnings-growth ratio of 0.24 and a beta of 0.97. Aegon NV has a one year low of $5.42 and a one year high of $8.15.

Aegon Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were given a dividend of $0.1876 per share. This represents a yield of 584.0%. The ex-dividend date was Thursday, September 4th. Aegon’s dividend payout ratio is presently -142.31%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AEG shares. Wall Street Zen cut shares of Aegon from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 25th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aegon in a research report on Wednesday, October 8th. Finally, Zacks Research cut shares of Aegon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aegon currently has an average rating of “Buy”.

Aegon 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.