O Shaughnessy Asset Management LLC decreased its position in Aegon (NYSE:AEG) by 37.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 208,820 shares of the financial services provider’s stock after selling 124,952 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Aegon were worth $862,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AEG. BlackRock Inc. grew its holdings in Aegon by 505,672.1% in the first quarter. BlackRock Inc. now owns 4,754,258 shares of the financial services provider’s stock valued at $22,487,000 after purchasing an additional 4,753,318 shares during the period. JPMorgan Chase & Co. grew its holdings in Aegon by 12,828.5% in the first quarter. JPMorgan Chase & Co. now owns 1,043,204 shares of the financial services provider’s stock valued at $4,935,000 after purchasing an additional 1,035,135 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Aegon by 20.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 4,914,113 shares of the financial services provider’s stock valued at $23,244,000 after purchasing an additional 838,199 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Aegon by 40.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,791,344 shares of the financial services provider’s stock valued at $11,026,000 after purchasing an additional 807,080 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in Aegon by 49.5% during the first quarter. Morgan Stanley now owns 1,481,029 shares of the financial services provider’s stock valued at $7,006,000 after purchasing an additional 490,590 shares in the last quarter. 5.81% of the stock is owned by institutional investors.
AEG stock opened at $4.88 on Wednesday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $13.03 billion, a PE ratio of 6.10 and a beta of 1.36. Aegon has a 12-month low of $2.31 and a 12-month high of $5.11. The business’s fifty day moving average price is $4.54 and its 200 day moving average price is $4.60.
The business also recently disclosed a semi-annual dividend, which will be paid on Friday, September 17th. Stockholders of record on Friday, August 27th will be given a dividend of $0.0937 per share. The ex-dividend date is Thursday, August 26th. This is an increase from Aegon’s previous semi-annual dividend of $0.07. This represents a dividend yield of 2.9%. Aegon’s payout ratio is currently 20.00%.
A number of brokerages have commented on AEG. Morgan Stanley reissued an “equal weight” rating on shares of Aegon in a report on Monday, August 23rd. Barclays restated an “equal weight” rating on shares of Aegon in a report on Wednesday, June 9th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aegon in a report on Monday, May 24th. Berenberg Bank restated a “buy” rating on shares of Aegon in a report on Monday, August 16th. Finally, Zacks Investment Research upgraded Aegon from a “sell” rating to a “hold” rating in a report on Thursday, September 9th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $4.75.
Aegon NV is a holding company, which engages in the provision of insurance, pensions, and asset management services. It operates through the following segments: Americas, The Netherlands, United Kingdom, International, Asset Management, and Holding and Other Activities. The Americas segment covers business units in the United States and Brazil, including any of the units? activities located outside these countries.
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