Creative Planning Acquires 55,028 Shares of Aegon NV $AEG

Creative Planning raised its holdings in shares of Aegon NV (NYSE:AEG) by 15.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 401,101 shares of the financial services provider’s stock after purchasing an additional 55,028 shares during the period. Creative Planning’s holdings in Aegon were worth $2,904,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AEG. Sequoia Financial Advisors LLC increased its stake in shares of 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 period. Royal Bank of Canada boosted its holdings in Aegon by 2.1% in the first quarter. Royal Bank of Canada now owns 77,076 shares of the financial services provider’s stock valued at $507,000 after acquiring an additional 1,551 shares in the last quarter. Sei Investments Co. boosted its holdings in Aegon by 0.4% in the first quarter. Sei Investments Co. now owns 487,913 shares of the financial services provider’s stock valued at $3,215,000 after acquiring an additional 1,772 shares in the last quarter. Wealthstar Advisors LLC increased its position in Aegon by 2.1% during the 2nd quarter. Wealthstar Advisors LLC now owns 96,994 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 1,955 shares during the period. Finally, Contravisory Investment Management Inc. raised its holdings in Aegon by 6.4% in the 2nd quarter. Contravisory Investment Management Inc. now owns 37,333 shares of the financial services provider’s stock worth $270,000 after purchasing an additional 2,234 shares in the last quarter. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Aegon Price Performance

NYSE:AEG opened at $7.46 on Monday. The firm has a market capitalization of $14.97 billion, a P/E ratio of -28.69, a PEG ratio of 0.24 and a beta of 0.99. Aegon NV has a one year low of $5.42 and a one year high of $8.15. The company’s 50-day simple moving average is $7.68 and its 200 day simple moving average is $7.38.

Wall Street Analyst Weigh In

AEG has been the topic of a number of research reports. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aegon in a research note on Wednesday, October 8th. Zacks Research cut Aegon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Finally, Wall Street Zen upgraded Aegon from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Aegon presently 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.