Aegon (NYSE:AEG – Get Rating)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $4.57, but opened at $4.18. Aegon shares last traded at $4.21, with a volume of 968,208 shares changing hands.
Wall Street Analyst Weigh In
Several brokerages have weighed in on AEG. Barclays lifted their target price on Aegon from €5.30 ($5.70) to €5.50 ($5.91) in a research note on Tuesday, November 22nd. UBS Group raised Aegon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 12th. Finally, StockNews.com began coverage on Aegon in a research note on Thursday. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $5.15.
Aegon Stock Up 1.4 %
The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.09 and a current ratio of 0.09. The stock has a 50 day moving average price of $5.26 and a 200 day moving average price of $4.83. The company has a market cap of $11.58 billion, a P/E ratio of 6.19 and a beta of 1.13.
Aegon Increases Dividend
Hedge Funds Weigh In On Aegon
A number of hedge funds have recently modified their holdings of the stock. Claro Advisors LLC grew its holdings in shares of Aegon by 12.1% in the 4th quarter. Claro Advisors LLC now owns 32,397 shares of the financial services provider’s stock worth $163,000 after acquiring an additional 3,509 shares during the last quarter. Capital Asset Advisory Services LLC acquired a new position in shares of Aegon in the 4th quarter worth $101,000. Macquarie Group Ltd. grew its holdings in shares of Aegon by 19.9% in the 4th quarter. Macquarie Group Ltd. now owns 41,400 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 6,885 shares during the last quarter. AlphaQ Advisors LLC acquired a new position in shares of Aegon in the 4th quarter worth $91,000. Finally, CI Private Wealth LLC acquired a new position in shares of Aegon in the 4th quarter worth $658,000. 19.30% of the stock is currently owned by institutional investors and hedge funds.
Aegon Company Profile
Aegon NV is an international financial services company, which engages in the provision of investment, protection, and retirement solutions. It operates through the following segments: Americas, The Netherlands, United Kingdom, International, Asset Management, and Holding and Other Activities. The Americas segment covers business units in the United States and Brazil, including any of the units’ activities located outside these countries.
- Get a free copy of the StockNews.com research report on Aegon (AEG)
- Don’t Miss Out: $2 Trillion Could be Headed to the Banking Sector
- A Weakening Economy Suggests Caution Before Buying Five Below
- Williams-Sonoma: Time To Buy At Rock-Bottom Prices
- Why DraftKings Could Keep Outperforming in 2023
- Charles Schwab And The Safest 30% You Can Make This Year
Receive News & Ratings for Aegon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegon and related companies with MarketBeat.com's FREE daily email newsletter.