Aegon (NYSE:AEG) Earns “Buy (B+)” Rating from Weiss Ratings

Aegon (NYSE:AEG)‘s stock had its “buy (b+)” rating reiterated by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

AEG has been the topic of a number of other reports. Zacks Research raised Aegon from a “hold” rating to a “strong-buy” rating in a report on Monday, September 29th. Wall Street Zen raised Aegon from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 13th. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat.com, Aegon has a consensus rating of “Buy”.

Aegon Price Performance

NYSE:AEG opened at $7.71 on Wednesday. The business’s 50-day simple moving average is $7.67 and its two-hundred day simple moving average is $7.08. The stock has a market cap of $15.47 billion, a PE ratio of 8.03, a P/E/G ratio of 0.24 and a beta of 0.97. Aegon has a 52 week low of $5.42 and a 52 week high of $8.15.

Institutional Investors Weigh In On Aegon

Several large investors have recently added to or reduced their stakes in AEG. Arrowstreet Capital Limited Partnership increased its stake in Aegon by 104.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 21,006,803 shares of the financial services provider’s stock worth $152,089,000 after acquiring an additional 10,732,972 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Aegon by 306.1% during the second quarter. BNP Paribas Financial Markets now owns 6,169,541 shares of the financial services provider’s stock worth $44,667,000 after acquiring an additional 4,650,272 shares during the last quarter. Acadian Asset Management LLC increased its stake in Aegon by 2,348.0% during the second quarter. Acadian Asset Management LLC now owns 3,482,943 shares of the financial services provider’s stock worth $25,200,000 after acquiring an additional 3,340,666 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Aegon by 1,073.4% during the second quarter. JPMorgan Chase & Co. now owns 1,623,496 shares of the financial services provider’s stock worth $11,754,000 after acquiring an additional 1,485,135 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Aegon during the second quarter valued at approximately $8,022,000. 4.32% of the stock is owned by institutional investors.

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.