Raymond James & Associates Has $17.24 Million Holdings in Aegon (NYSE:AEG)

Raymond James & Associates boosted its holdings in shares of Aegon (NYSE:AEGGet Rating) by 1.5% in the third quarter, HoldingsChannel reports. The fund owned 4,353,473 shares of the financial services provider’s stock after buying an additional 64,129 shares during the quarter. Raymond James & Associates’ holdings in Aegon were worth $17,240,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Clear Street Markets LLC acquired a new stake in Aegon during the 2nd quarter worth about $26,000. Ronald Blue Trust Inc. purchased a new stake in shares of Aegon during the 2nd quarter worth about $38,000. Baker Tilly Wealth Management LLC bought a new position in shares of Aegon in the 2nd quarter valued at approximately $47,000. JPMorgan Chase & Co. increased its position in Aegon by 44.5% in the 1st quarter. JPMorgan Chase & Co. now owns 10,277 shares of the financial services provider’s stock worth $53,000 after buying an additional 3,167 shares during the period. Finally, Henry James International Management Inc. bought a new position in Aegon in the 2nd quarter worth approximately $81,000. 19.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on AEG. Credit Suisse Group decreased their price target on Aegon from €5.90 ($6.28) to €5.70 ($6.06) and set an “outperform” rating on the stock in a research note on Thursday, October 20th. StockNews.com assumed coverage on Aegon in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Barclays upped their price objective on Aegon from €5.30 ($5.64) to €5.50 ($5.85) in a report on Tuesday, November 22nd. Societe Generale raised Aegon from a “hold” rating to a “buy” rating in a research note on Tuesday, September 13th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Aegon from €4.70 ($5.00) to €5.00 ($5.32) and gave the stock a “hold” rating in a research report on Friday, October 28th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $5.13.

Aegon Stock Performance

Aegon stock opened at $5.19 on Monday. The stock’s fifty day moving average price is $4.88 and its two-hundred day moving average price is $4.54. Aegon has a one year low of $3.76 and a one year high of $6.22. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.09 and a current ratio of 0.09.

Aegon (NYSE:AEGGet Rating) last released its quarterly earnings data on Thursday, November 10th. The financial services provider reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.29) by $0.19. The company had revenue of $6.20 billion for the quarter. Aegon had a return on equity of 2.96% and a net margin of 2.63%. Analysts anticipate that Aegon will post 0.04 EPS for the current year.

About Aegon

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Aegon N.V. provides insurance, pensions, and asset management services in the Americas, the Netherlands, and the United Kingdom. The company offers life, accident, and health insurance; savings, pension, annuities, and mutual funds; property and casualty insurance; retirement plans and individual retirement accounts; voluntary employee benefits; and stable value solutions.

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Institutional Ownership by Quarter for Aegon (NYSE:AEG)

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