Aegon NV (NYSE:AEG) shot up 2.6% during trading on Wednesday . The stock traded as high as $4.34 and last traded at $4.34, with a volume of 1,260,208 shares. The stock had previously closed at $4.23.

Several research firms recently commented on AEG. Zacks Investment Research lowered shares of Aegon NV from a “hold” rating to a “sell” rating in a research note on Tuesday, July 19th. Barclays PLC lowered shares of Aegon NV from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, June 29th. JPMorgan Chase & Co. lowered shares of Aegon NV from an “overweight” rating to a “neutral” rating in a research note on Tuesday, June 28th. TheStreet lowered shares of Aegon NV from a “buy” rating to a “hold” rating in a research note on Tuesday, May 24th. Finally, Morgan Stanley lowered shares of Aegon NV from an “overweight” rating to an “equal weight” rating in a research note 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. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.07.

The stock’s market cap is $9.07 billion. The stock has a 50-day moving average of $4.00 and a 200 day moving average of $4.98.

A number of hedge funds recently added to or reduced their stakes in AEG. Dimensional Fund Advisors LP boosted 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 period. Morgan Stanley boosted its stake in shares of 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 last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of 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 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.