Shares of Aegon NV (NYSE:AEG) gapped up before the market opened on Tuesday . The stock had previously closed at $4.17, but opened at $4.18. Aegon NV shares last traded at $4.23, with a volume of 1,072,411 shares traded.

A number of brokerages recently issued reports on AEG. Zacks Investment Research lowered shares of Aegon NV from a “hold” rating to a “sell” rating in a research report on Tuesday, July 19th. Barclays PLC lowered shares of Aegon NV from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, June 29th. JPMorgan Chase & Co. lowered shares of Aegon NV from an “overweight” rating to a “neutral” rating in a research report on Tuesday, June 28th. TheStreet lowered shares of Aegon NV from a “buy” rating to a “hold” rating in a research report on Tuesday, May 24th. Finally, Morgan Stanley lowered shares of Aegon NV from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, May 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $6.07.

The firm’s market cap is $8.88 billion. The company’s 50-day moving average price is $4.00 and its 200 day moving average price is $4.98.

Other hedge funds have added to or reduced their stakes in the company. Morgan Stanley increased 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 worth $13,512,000 after buying an additional 203,580 shares during the last quarter. Wells Fargo & Company MN increased 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 worth $10,413,000 after buying an additional 216,353 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Aegon NV by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 597,782 shares of the company’s stock worth $3,389,000 after buying an additional 2,328 shares during the last quarter.

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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