99,030 Aegon NV $AEG Shares Sold by Transmarket Holdings LP

Transmarket Holdings LP decreased its position in Aegon NV (NYSE:AEG) by 36.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 170,903 shares of the financial services provider’s stock after selling 99,030 shares during the period. Aegon accounts for 0.8% of Transmarket Holdings LP’s investment portfolio, making the stock its 25th biggest holding. Transmarket Holdings LP’s holdings in Aegon were worth $1,475,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the company. Eastern Bank bought a new position in shares of Aegon in the second quarter valued at approximately $55,000. Angeles Wealth Management LLC purchased a new stake in shares of Aegon during the second quarter valued at approximately $87,000. Affinity Capital Advisors LLC bought a new stake in Aegon during the third quarter worth $86,000. Range Financial Group LLC bought a new stake in Aegon during the third quarter worth $91,000. Finally, Wedmont Private Capital bought a new stake in Aegon during the third quarter worth $89,000. Institutional investors own 4.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Zacks Research upgraded Aegon from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 25th. Citigroup reiterated a “buy” rating on shares of Aegon in a research note on Tuesday, August 18th. Weiss Ratings upgraded Aegon from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. downgraded shares of Aegon from an “overweight” rating to a “neutral” rating in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $10.00.

Aegon Price Performance

Aegon stock opened at $8.22 on Thursday. The firm has a 50 day moving average price of $8.75 and a 200-day moving average price of $8.30. Aegon NV has a twelve month low of $6.75 and a twelve month high of $9.61.

Aegon Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 3rd were paid a $0.2455 dividend. The ex-dividend date was Thursday, September 3rd. This is a negative change from Aegon’s previous dividend of $0.2469. This represents a yield of 534.0%.

About Aegon

Aegon N.V. is an international financial services company that provides insurance, retirement, and investment products. Its offerings include life insurance, annuities, pensions, retirement plans, employee benefits, and asset management services for individuals, employers, and institutional clients.

Aegon conducts much of its business through the Transamerica brand in the United States, offering retirement solutions, life insurance, investment products, and workplace benefits. The company also has operations in selected European markets, including the United Kingdom, Spain, and Portugal, as well as international asset management activities.

Headquartered in The Hague, the Netherlands, Aegon was formed in 1983 through the merger of Dutch insurers AGO and Ennia, whose roots extend back more than 175 years.