Aegon NV (NYSE:AEG) shares dropped 3.4% during trading on Wednesday . The company traded as low as $3.36 and last traded at $3.45, with a volume of 3,283,550 shares. The stock had previously closed at $3.57.

AEG has been the topic of a number of research analyst reports. TheStreet upgraded shares of Aegon NV from a “sell” rating to a “hold” rating in a report on Monday, April 4th. Zacks Investment Research cut shares of Aegon NV from a “buy” rating to a “hold” rating in a report on Monday, March 28th. Jefferies Group cut shares of Aegon NV from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th. Barclays PLC cut shares of Aegon NV from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. cut shares of Aegon NV from an “overweight” rating to a “neutral” rating in a report on Tuesday, June 28th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $6.07.

The stock has a 50-day moving average of $4.67 and a 200 day moving average of $5.27. The firm’s market cap is $7.26 billion.

Other large investors recently added to or reduced their stakes in the company. Morgan Stanley boosted its stake in Aegon NV by 9.3% in the fourth quarter. Morgan Stanley now owns 2,383,024 shares of the company’s stock valued at $13,512,000 after buying an additional 203,580 shares during the period. Wells Fargo & Company MN boosted its stake in Aegon NV by 13.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,836,617 shares of the company’s stock valued at $10,413,000 after buying an additional 216,353 shares during the period. Finally, Sei Investments Co. boosted its stake in Aegon NV by 113,748.8% in the fourth quarter. Sei Investments Co. now owns 686,508 shares of the company’s stock valued at $3,892,000 after buying an additional 685,905 shares during the period.

AEGON NV is a life insurance, pensions and asset management company based in the Netherlands. The Company’s products range from life, critical illness and disability insurance, to pensions, annuities, long-term savings and investments. It also offers mortgages, and car, household and travel insurance in some markets.

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