Zacks Investment Research lowered shares of AEGON (NYSE:AEG) from a buy rating to a hold rating in a research report sent to investors on Wednesday, March 7th.
According to Zacks, “Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company’s other lines of business include property and casualty insurance and financial services. “
Separately, ValuEngine cut shares of AEGON from a strong-buy rating to a buy rating in a research note on Thursday, March 1st. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. AEGON presently has an average rating of Buy and a consensus target price of $6.05.
AEGON (NYSE:AEG) last issued its quarterly earnings data on Thursday, February 15th. The financial services provider reported $0.22 earnings per share for the quarter. AEGON had a net margin of 7.24% and a return on equity of 6.57%. The firm had revenue of $10.33 billion for the quarter. sell-side analysts anticipate that AEGON will post 0.83 earnings per share for the current year.
The firm also recently disclosed a semiannual dividend, which will be paid on Friday, June 22nd. Stockholders of record on Wednesday, May 23rd will be paid a $0.1745 dividend. This represents a dividend yield of 5.09%. The ex-dividend date is Tuesday, May 22nd. This is a boost from AEGON’s previous semiannual dividend of $0.15. AEGON’s dividend payout ratio is 19.53%.
Several large investors have recently modified their holdings of the company. Glenmede Trust Co. NA lifted its stake in shares of AEGON by 276.6% in the 4th quarter. Glenmede Trust Co. NA now owns 31,781 shares of the financial services provider’s stock worth $199,000 after purchasing an additional 23,343 shares during the period. Jane Street Group LLC increased its holdings in AEGON by 265.3% in the 4th quarter. Jane Street Group LLC now owns 161,662 shares of the financial services provider’s stock worth $1,018,000 after acquiring an additional 117,405 shares in the last quarter. LPL Financial LLC increased its holdings in AEGON by 46.2% in the 4th quarter. LPL Financial LLC now owns 101,308 shares of the financial services provider’s stock worth $638,000 after acquiring an additional 31,996 shares in the last quarter. Raymond James & Associates increased its holdings in AEGON by 83.4% in the 4th quarter. Raymond James & Associates now owns 1,699,710 shares of the financial services provider’s stock worth $10,708,000 after acquiring an additional 772,984 shares in the last quarter. Finally, HBK Investments L P increased its holdings in AEGON by 82.4% in the 4th quarter. HBK Investments L P now owns 43,231 shares of the financial services provider’s stock worth $272,000 after acquiring an additional 19,531 shares in the last quarter. Hedge funds and other institutional investors own 8.54% of the company’s stock.
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AEGON Company Profile
Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.
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