Aegon NV (NYSE:AEG) Given Average Recommendation of “Moderate Buy” by Analysts

Aegon NV (NYSE:AEG) has been given an average rating of “Moderate Buy” by the six research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

A number of analysts have recently issued reports on AEG shares. Zacks Research downgraded shares of Aegon from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. UBS Group lowered Aegon from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 3rd. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aegon in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised Aegon from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th.

Aegon Price Performance

Shares of AEG opened at $7.46 on Monday. Aegon has a 1-year low of $5.42 and a 1-year high of $8.15. The company has a market capitalization of $14.96 billion, a P/E ratio of -28.67, a P/E/G ratio of 0.20 and a beta of 0.79. The firm’s 50 day simple moving average is $7.62 and its 200 day simple moving average is $7.48.

Hedge Funds Weigh In On Aegon

Institutional investors and hedge funds have recently made changes to their positions in the business. Sequoia Financial Advisors LLC raised its stake in Aegon by 6.5% during the second quarter. Sequoia Financial Advisors LLC now owns 23,576 shares of the financial services provider’s stock valued at $171,000 after buying an additional 1,440 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Aegon by 8.1% during the third quarter. Parallel Advisors LLC now owns 20,041 shares of the financial services provider’s stock valued at $160,000 after acquiring an additional 1,494 shares in the last quarter. Royal Bank of Canada raised its position in shares of Aegon by 2.1% in the 1st quarter. Royal Bank of Canada now owns 77,076 shares of the financial services provider’s stock worth $507,000 after purchasing an additional 1,551 shares during the last quarter. Personal CFO Solutions LLC raised its position in shares of Aegon by 7.0% in the 2nd quarter. Personal CFO Solutions LLC now owns 25,740 shares of the financial services provider’s stock worth $186,000 after purchasing an additional 1,689 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its stake in Aegon by 1.0% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 169,119 shares of the financial services provider’s stock worth $1,351,000 after purchasing an additional 1,731 shares in the last quarter. Institutional investors own 4.32% of the company’s stock.

About Aegon

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.