Marathon Capital Management maintained its stake in shares of Aegon NV (NYSE:AEG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,500 shares of the financial services provider’s stock at the close of the 2nd quarter. Marathon Capital Management’s holdings in Aegon NV were worth $457,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in AEG. Tocqueville Asset Management L.P. lifted its position in shares of Aegon NV by 84.1% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 20,389 shares of the financial services provider’s stock valued at $104,000 after buying an additional 9,312 shares during the last quarter. Checchi Capital Advisers LLC lifted its holdings in Aegon NV by 4.2% during the 2nd quarter. Checchi Capital Advisers LLC now owns 20,744 shares of the financial services provider’s stock worth $106,000 after purchasing an additional 838 shares in the last quarter. Pitcairn Co. lifted its holdings in Aegon NV by 15.3% during the 2nd quarter. Pitcairn Co. now owns 20,932 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 2,776 shares in the last quarter. HRT Financial LLC purchased a new stake in Aegon NV during the 2nd quarter worth about $115,000. Finally, FFT Wealth Management LLC lifted its holdings in Aegon NV by 36.3% during the 1st quarter. FFT Wealth Management LLC now owns 22,912 shares of the financial services provider’s stock worth $118,000 after purchasing an additional 6,103 shares in the last quarter. Hedge funds and other institutional investors own 10.56% of the company’s stock.
Aegon NV (AEG) traded down 0.437% during trading on Friday, reaching $5.695. The company had a trading volume of 393,267 shares. The stock has a 50 day moving average price of $5.72 and a 200 day moving average price of $5.33. Aegon NV has a 52 week low of $3.70 and a 52 week high of $6.06. The firm has a market capitalization of $11.64 billion, a P/E ratio of 6.700 and a beta of 1.35.
Aegon NV (NYSE:AEG) last announced its quarterly earnings data on Thursday, August 10th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.13. The business had revenue of $9.24 billion for the quarter. Aegon NV had a net margin of 5.18% and a return on equity of 6.73%. Analysts predict that Aegon NV will post $0.68 earnings per share for the current year.
The business also recently declared a semiannual dividend, which will be paid on Friday, September 15th. Shareholders of record on Monday, August 21st will be paid a dividend of $0.1522 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a yield of 5.23%. This is an increase from Aegon NV’s previous semiannual dividend of $0.12. Aegon NV’s dividend payout ratio (DPR) is currently 27.47%.
AEG has been the subject of a number of research analyst reports. Sanford C. Bernstein initiated coverage on Aegon NV in a research note on Thursday. They issued a “market perform” rating for the company. BidaskClub upgraded Aegon NV from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research lowered Aegon NV from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Societe Generale lowered Aegon NV from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, TheStreet raised Aegon NV from a “c+” rating to a “b” rating in a report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $5.63.
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About Aegon NV
Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.
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