QRG Capital Management Inc. Has $214,000 Stake in Aegon NV $AEG

QRG Capital Management Inc. reduced its holdings in Aegon NV (NYSE:AEG) by 74.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,752 shares of the financial services provider’s stock after selling 77,048 shares during the period. QRG Capital Management Inc.’s holdings in Aegon were worth $214,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AEG. Royal Bank of Canada grew its position in shares of Aegon by 2.1% during the 1st quarter. Royal Bank of Canada now owns 77,076 shares of the financial services provider’s stock worth $507,000 after buying an additional 1,551 shares during the period. AQR Capital Management LLC raised its holdings in shares of Aegon by 16.3% during the first quarter. AQR Capital Management LLC now owns 75,569 shares of the financial services provider’s stock worth $498,000 after acquiring an additional 10,591 shares during the period. Acadian Asset Management LLC lifted its position in Aegon by 20.0% in the 1st quarter. Acadian Asset Management LLC now owns 142,277 shares of the financial services provider’s stock valued at $936,000 after acquiring an additional 23,670 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Aegon in the 2nd quarter worth $165,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Aegon by 426.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 62,729 shares of the financial services provider’s stock worth $457,000 after purchasing an additional 50,805 shares during the period. 4.32% of the stock is owned by institutional investors.

Aegon Price Performance

Shares of AEG stock opened at $7.71 on Monday. The company has a fifty day moving average price of $7.68 and a two-hundred day moving average price of $7.60. Aegon NV has a one year low of $5.42 and a one year high of $8.15. The stock has a market cap of $15.46 billion, a P/E ratio of -48.16, a P/E/G ratio of 0.21 and a beta of 0.78.

Wall Street Analyst Weigh In

AEG has been the subject of a number of recent research reports. Zacks Research downgraded Aegon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. UBS Group lowered shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Aegon in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft started coverage on shares of Aegon in a research note on Wednesday, January 7th. They issued a “hold” rating on the stock. Finally, Wall Street Zen downgraded shares of Aegon from a “buy” rating to a “hold” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Aegon Profile

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.