Aegon (NYSE:AEG) Receives Average Rating of “Hold” from Brokerages

Aegon (NYSE:AEG – Get Rating) has been given a consensus recommendation of “Hold” by the nine research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $5.15.

A number of equities research analysts have recently commented on the stock. Barclays lifted their price target on shares of Aegon from €5.30 ($5.64) to €5.50 ($5.85) in a report on Tuesday, November 22nd. UBS Group upgraded shares of Aegon from a “neutral” rating to a “buy” rating in a report on Thursday, January 12th.

Aegon Stock Performance

Shares of NYSE AEG opened at $5.20 on Thursday. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.79. The firm has a 50-day moving average price of $5.32 and a 200 day moving average price of $4.83. Aegon has a 52 week low of $3.76 and a 52 week high of $5.89.

Aegon Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, June 29th. Investors of record on Tuesday, May 30th will be issued a $0.1288 dividend. The ex-dividend date of this dividend is Friday, May 26th. This is a boost from Aegon’s previous semi-annual dividend of $0.10. This represents a yield of 3.6%.

Institutional Trading of Aegon

Several institutional investors have recently added to or reduced their stakes in AEG. BNP Paribas Arbitrage SNC acquired a new position in shares of Aegon during the third quarter valued at $26,000. Penserra Capital Management LLC acquired a new position in shares of Aegon in the 3rd quarter worth approximately $34,000. Ronald Blue Trust Inc. bought a new stake in shares of Aegon in the 2nd quarter worth approximately $38,000. Five Oceans Advisors bought a new stake in shares of Aegon in the 3rd quarter worth approximately $40,000. Finally, Relative Value Partners Group LLC acquired a new stake in Aegon during the third quarter valued at approximately $44,000. Institutional investors own 19.30% of the company’s stock.

Aegon Company Profile

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Aegon NV is an international financial services company, which engages in the provision of investment, protection, and retirement solutions. It operates through the following segments: Americas, The Netherlands, United Kingdom, International, Asset Management, and Holding and Other Activities. The Americas segment covers business units in the United States and Brazil, including any of the units’ activities located outside these countries.