153,064 Shares in Aegon NV $AEG Bought by New York State Common Retirement Fund

New York State Common Retirement Fund bought a new position in Aegon NV (NYSE:AEG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 153,064 shares of the financial services provider’s stock, valued at approximately $1,223,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sequoia Financial Advisors LLC boosted its position 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 worth $171,000 after buying an additional 1,440 shares during the period. Royal Bank of Canada boosted its position in 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 acquiring an additional 1,551 shares during the last quarter. Personal CFO Solutions LLC grew its stake in shares of Aegon by 7.0% during the 2nd quarter. Personal CFO Solutions LLC now owns 25,740 shares of the financial services provider’s stock worth $186,000 after acquiring an additional 1,689 shares in the last quarter. Jackson Thornton Wealth Management LLC grew its stake in shares of Aegon by 16.3% during the 3rd quarter. Jackson Thornton Wealth Management LLC now owns 13,265 shares of the financial services provider’s stock worth $102,000 after acquiring an additional 1,855 shares in the last quarter. Finally, Contravisory Investment Management Inc. raised its holdings in shares of Aegon by 6.2% in the third quarter. Contravisory Investment Management Inc. now owns 39,655 shares of the financial services provider’s stock valued at $317,000 after purchasing an additional 2,322 shares during the last quarter. Institutional investors and hedge funds own 4.32% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on AEG. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Aegon in a research report on Monday, December 29th. Wall Street Zen upgraded Aegon from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Deutsche Bank Aktiengesellschaft started coverage on Aegon in a report on Wednesday, January 7th. They set a “hold” rating on the stock. UBS Group downgraded Aegon from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 3rd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Aegon in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Aegon has a consensus rating of “Moderate Buy”.

Aegon Stock Up 0.6%

NYSE:AEG opened at $7.93 on Tuesday. Aegon NV has a 12-month low of $5.42 and a 12-month high of $8.15. The firm has a market capitalization of $15.91 billion, a price-to-earnings ratio of -49.56, a P/E/G ratio of 0.22 and a beta of 0.79. The stock’s 50 day moving average price is $7.71 and its two-hundred day moving average price is $7.65.

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.