Cerity Partners LLC Makes New Investment in Aegon (NYSE:AEG)

Cerity Partners LLC bought a new position in Aegon (NYSE:AEGGet Rating) during the second quarter, according to its most recent filing with the SEC. The firm bought 34,384 shares of the financial services provider’s stock, valued at approximately $150,000.

Other large investors also recently modified their holdings of the company. Clear Street Markets LLC bought a new position in shares of Aegon in the 2nd quarter worth $26,000. Baker Tilly Wealth Management LLC bought a new position in shares of Aegon in the 2nd quarter worth $47,000. JPMorgan Chase & Co. lifted its holdings in shares of Aegon by 44.5% in the 1st quarter. JPMorgan Chase & Co. now owns 10,277 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 3,167 shares in the last quarter. Moreno Evelyn V bought a new position in shares of Aegon in the 1st quarter worth $62,000. Finally, Fox Run Management L.L.C. bought a new position in shares of Aegon in the 1st quarter worth $71,000. 7.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AEG. StockNews.com began coverage on Aegon in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. Barclays raised their price objective on Aegon from €5.30 ($5.41) to €5.50 ($5.61) in a research note on Tuesday. Credit Suisse Group dropped their price objective on Aegon from €5.90 ($6.02) to €5.70 ($5.82) and set an “outperform” rating on the stock in a research note on Thursday, October 20th. Societe Generale upgraded Aegon from a “hold” rating to a “buy” rating in a research note on Tuesday, September 13th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Aegon from €4.70 ($4.80) to €5.00 ($5.10) and gave the company a “hold” rating in a research note on Friday, October 28th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Aegon currently has an average rating of “Hold” and an average target price of $5.13.

Aegon Stock Up 1.5 %

Shares of Aegon stock opened at $4.86 on Wednesday. Aegon has a 1 year low of $3.76 and a 1 year high of $6.22. The stock has a fifty day moving average price of $4.40 and a 200-day moving average price of $4.57. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.79.

About Aegon

(Get Rating)

Aegon N.V. provides insurance, pensions, and asset management services in the Americas, the Netherlands, and the United Kingdom. The company offers life, accident, and health insurance; savings, pension, annuities, and mutual funds; property and casualty insurance; retirement plans and individual retirement accounts; voluntary employee benefits; and stable value solutions.

See Also

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Institutional Ownership by Quarter for Aegon (NYSE:AEG)

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