PDS Planning Inc Has $120,000 Holdings in Aegon NV $AEG

PDS Planning Inc boosted its stake in Aegon NV (NYSE:AEG) by 44.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,550 shares of the financial services provider’s stock after purchasing an additional 5,127 shares during the quarter. PDS Planning Inc’s holdings in Aegon were worth $120,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bessemer Group Inc. raised its stake in Aegon by 526.8% in the first quarter. Bessemer Group Inc. now owns 4,325 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 3,635 shares in the last quarter. SVB Wealth LLC acquired a new position in Aegon during the first quarter worth about $42,000. Deutsche Bank AG acquired a new position in Aegon during the first quarter worth about $61,000. Advisor Resource Council acquired a new position in Aegon during the first quarter worth about $66,000. Finally, Bailard Inc. acquired a new position in Aegon during the first quarter worth about $68,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on AEG shares. Wall Street Zen raised Aegon from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 13th. Zacks Research raised Aegon from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 29th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aegon in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy”.

Aegon Price Performance

Shares of AEG stock opened at $7.77 on Tuesday. The business’s 50 day simple moving average is $7.70 and its 200 day simple moving average is $7.10. Aegon NV has a one year low of $5.42 and a one year high of $8.15. The stock has a market capitalization of $15.58 billion, a PE ratio of 8.09, a PEG ratio of 0.24 and a beta of 0.97.

Aegon Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were issued a $0.1876 dividend. The ex-dividend date was Thursday, September 4th. This represents a yield of 584.0%. Aegon’s dividend payout ratio is presently 39.58%.

Aegon Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.