American Century Companies Inc. Boosts Stake in Aegon NV $AEG

American Century Companies Inc. increased its stake in Aegon NV (NYSE:AEG) by 9.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,042,581 shares of the financial services provider’s stock after purchasing an additional 93,388 shares during the quarter. American Century Companies Inc. owned approximately 0.05% of Aegon worth $7,548,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. SVB Wealth LLC purchased a new stake in Aegon in the first quarter worth about $42,000. Deutsche Bank AG purchased a new stake in shares of Aegon in the first quarter worth $61,000. Earned Wealth Advisors LLC bought a new stake in shares of Aegon during the 2nd quarter valued at $74,000. Vestmark Advisory Solutions Inc. purchased a new position in shares of Aegon during the 2nd quarter valued at $74,000. Finally, HB Wealth Management LLC bought a new position in Aegon in the 2nd quarter worth $77,000. Institutional investors own 4.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wall Street Zen raised Aegon from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. UBS Group lowered Aegon from a “buy” rating to a “neutral” rating in a research note on Wednesday. Zacks Research downgraded Aegon from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aegon in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Aegon Price Performance

NYSE:AEG opened at $7.82 on Friday. The company has a market cap of $15.69 billion, a price-to-earnings ratio of -30.08, a PEG ratio of 0.21 and a beta of 0.79. Aegon NV has a 1 year low of $5.42 and a 1 year high of $8.15. The stock’s 50 day simple moving average is $7.67 and its two-hundred day simple moving average is $7.44.

Aegon Company 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.