Aegon NV (NYSE:AEG) Given Average Recommendation of “Moderate Buy” by Analysts

Aegon NV (NYSE:AEG) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have recently issued reports on AEG. Deutsche Bank Aktiengesellschaft initiated coverage on Aegon in a research report on Wednesday, January 7th. They set a “hold” rating for the company. Wall Street Zen raised shares of Aegon from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Zacks Research lowered shares of Aegon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Aegon in a research note on Monday, December 29th. Finally, UBS Group cut shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 3rd.

Institutional Investors Weigh In On Aegon

Several hedge funds have recently added to or reduced their stakes in AEG. Royal Bank of Canada increased its position in shares of Aegon by 2.1% during the 1st quarter. Royal Bank of Canada now owns 77,076 shares of the financial services provider’s stock valued at $507,000 after purchasing an additional 1,551 shares during the last quarter. AQR Capital Management LLC boosted its stake in Aegon by 16.3% in the first quarter. AQR Capital Management LLC now owns 75,569 shares of the financial services provider’s stock worth $498,000 after buying an additional 10,591 shares in the last quarter. Acadian Asset Management LLC grew its position in Aegon by 20.0% during 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 position in shares of Aegon during the second quarter worth approximately $165,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Aegon by 426.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 62,729 shares of the financial services provider’s stock worth $457,000 after acquiring an additional 50,805 shares in the last quarter. Institutional investors own 4.32% of the company’s stock.

Aegon Price Performance

AEG opened at $7.89 on Tuesday. The firm has a market capitalization of $15.83 billion, a P/E ratio of -49.31, a price-to-earnings-growth ratio of 0.22 and a beta of 0.79. Aegon has a one year low of $5.42 and a one year high of $8.15. The company has a fifty day moving average price of $7.71 and a 200-day moving average price of $7.64.

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.