Aegon (AEG) Projected to Post Quarterly Earnings on Thursday

Aegon (NYSE:AEG) is projected to post its results before the market opens on Thursday, March 26th. Analysts expect Aegon to post earnings of $0.4808 per share for the quarter.

Aegon Price Performance

AEG stock opened at $6.96 on Thursday. The business’s 50-day moving average is $7.52 and its two-hundred day moving average is $7.63. The firm has a market capitalization of $13.96 billion, a P/E ratio of -43.49, a P/E/G ratio of 0.44 and a beta of 0.78. Aegon has a 1 year low of $5.42 and a 1 year high of $8.15.

Aegon Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 15th will be issued a $0.2469 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a yield of 671.0%. Aegon’s dividend payout ratio (DPR) is -237.50%.

Institutional Trading of Aegon

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its holdings in shares of Aegon by 2.1% in the 1st quarter. Royal Bank of Canada now owns 77,076 shares of the financial services provider’s stock valued at $507,000 after buying an additional 1,551 shares in the last quarter. AQR Capital Management LLC raised its stake in Aegon by 16.3% during the 1st 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 in the last quarter. Acadian Asset Management LLC lifted its position in Aegon by 20.0% in the first 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 during the last quarter. Sivia Capital Partners LLC purchased a new stake in Aegon in the second quarter valued at $165,000. Finally, Rhumbline Advisers boosted its stake in Aegon by 3.3% in the second quarter. Rhumbline Advisers now owns 92,294 shares of the financial services provider’s stock valued at $668,000 after acquiring an additional 2,921 shares in the last quarter. Institutional investors and hedge funds own 4.32% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on AEG. Wall Street Zen downgraded shares of Aegon from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Morgan Stanley reissued an “overweight” rating on shares of Aegon in a research report on Friday, January 9th. UBS Group cut shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 3rd. Weiss Ratings downgraded shares of Aegon from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, March 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Aegon in a report on Wednesday, January 7th. They issued a “hold” rating on the stock. One 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Aegon

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.