Claro Advisors LLC Makes New Investment in Aegon Ltd. (NYSE:AEG)

Claro Advisors LLC purchased a new stake in Aegon Ltd. (NYSE:AEG) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 29,253 shares of the financial services provider’s stock, valued at approximately $179,000.

Several other institutional investors also recently made changes to their positions in AEG. Atria Wealth Solutions Inc. acquired a new position in Aegon in the fourth quarter valued at $173,000. M&T Bank Corp acquired a new position in shares of Aegon in the 4th quarter valued at about $60,000. National Bank of Canada FI grew its holdings in shares of Aegon by 13,452.9% during the 4th quarter. National Bank of Canada FI now owns 126,584 shares of the financial services provider’s stock worth $725,000 after purchasing an additional 125,650 shares during the period. QRG Capital Management Inc. purchased a new stake in shares of Aegon during the 4th quarter worth about $480,000. Finally, Dimensional Fund Advisors LP acquired a new stake in Aegon during the 4th quarter worth approximately $25,961,000. 4.32% of the stock is owned by hedge funds and other institutional investors.

Aegon Trading Up 0.2 %

Shares of AEG opened at $6.11 on Tuesday. Aegon Ltd. has a 12 month low of $4.63 and a 12 month high of $6.96. The stock’s 50-day moving average is $6.22 and its two-hundred day moving average is $6.18. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.08 and a current ratio of 0.07.

Aegon Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 5th will be given a dividend of $0.1723 per share. This represents a yield of 4.9%. The ex-dividend date of this dividend is Thursday, September 5th.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AEG shares. UBS Group cut shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 28th. StockNews.com lowered shares of Aegon from a “buy” rating to a “hold” rating in a report on Monday, May 13th.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.