Short Interest in Aegon NV (NYSE:AEG) Drops By 30.5%

Aegon NV (NYSE:AEG) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 1,053,012 shares, a decrease of 30.5% from the January 15th total of 1,515,666 shares. Based on an average trading volume of 5,112,574 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 5,112,574 shares, the short-interest ratio is currently 0.2 days.

Aegon Price Performance

NYSE AEG traded down $0.02 during trading on Monday, hitting $7.58. The company’s stock had a trading volume of 12,734,153 shares, compared to its average volume of 5,684,984. Aegon has a fifty-two week low of $5.42 and a fifty-two week high of $8.15. The company has a market cap of $15.20 billion, a PE ratio of -47.34, a P/E/G ratio of 0.21 and a beta of 0.79. The business’s 50 day simple moving average is $7.70 and its 200-day simple moving average is $7.66.

Institutional Trading of Aegon

Several large investors have recently bought and sold shares of AEG. Royal Bank of Canada raised its holdings in shares of Aegon by 2.1% in the first quarter. Royal Bank of Canada now owns 77,076 shares of the financial services provider’s stock worth $507,000 after buying an additional 1,551 shares during the last quarter. AQR Capital Management LLC raised its stake in Aegon by 16.3% in the 1st quarter. AQR Capital Management LLC now owns 75,569 shares of the financial services provider’s stock worth $498,000 after acquiring an additional 10,591 shares during the last quarter. Acadian Asset Management LLC raised its stake in Aegon by 20.0% in the 1st quarter. Acadian Asset Management LLC now owns 142,277 shares of the financial services provider’s stock worth $936,000 after acquiring an additional 23,670 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Aegon during the 2nd quarter worth about $165,000. Finally, Vanguard Personalized Indexing Management LLC grew its stake in Aegon by 7.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 129,214 shares of the financial services provider’s stock valued at $936,000 after purchasing an additional 8,858 shares during the last quarter. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AEG shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Aegon in a research report on Monday, December 29th. Wall Street Zen upgraded Aegon from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Deutsche Bank Aktiengesellschaft assumed coverage on Aegon in a report on Wednesday, January 7th. They issued a “hold” rating on the stock. UBS Group lowered Aegon from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 3rd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Aegon in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

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.