Aegon (AEG) Projected to Post Earnings on Thursday

Aegon (NYSE:AEG) is projected to release its results before the market opens on Thursday, March 26th. Analysts expect Aegon to post earnings of $0.4808 per share for the quarter.

Aegon Price Performance

Aegon stock opened at $6.97 on Tuesday. The stock’s 50 day moving average is $7.47 and its 200 day moving average is $7.61. The firm has a market cap of $13.97 billion, a P/E ratio of -43.53, a P/E/G ratio of 0.43 and a beta of 0.78. Aegon has a one year low of $5.42 and a one year high of $8.15.

Aegon Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.2469 per share. The ex-dividend date is Monday, June 15th. This represents a yield of 671.0%. Aegon’s dividend payout ratio (DPR) is presently -237.50%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AEG shares. Morgan Stanley restated an “overweight” rating on shares of Aegon in a research report on Friday, January 9th. Weiss Ratings cut shares of Aegon from a “buy (a-)” rating to a “buy (b)” rating in a research report on Monday, March 9th. Wall Street Zen downgraded shares of Aegon from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. UBS Group lowered shares of Aegon from a “buy” rating to a “neutral” rating in a report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Aegon in a research report on Wednesday, January 7th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Aegon currently has a consensus rating of “Moderate Buy”.

Institutional Trading of Aegon

Several large investors have recently modified their holdings of AEG. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Aegon during the 4th quarter valued at $33,000. Quantessence Capital LLC acquired a new stake in Aegon in the fourth quarter worth $78,000. Abel Hall LLC acquired a new stake in Aegon in the fourth quarter worth $83,000. Advisors Asset Management Inc. bought a new stake in Aegon in the fourth quarter valued at $98,000. Finally, Focus Partners Advisor Solutions LLC acquired a new position in shares of Aegon during the fourth quarter valued at about $99,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

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.