Aegon NV (AEG) Trading 2.6% Higher
Shares of Aegon NV (NYSE:AEG) traded up 2.6% on Wednesday . The stock traded as high as $4.34 and last traded at $4.34, with a volume of 1,260,208 shares trading hands. The stock had previously closed at $4.23.
Several analysts recently weighed in on the company. Zacks Investment Research raised Aegon NV from a “hold” rating to a “buy” rating and set a $6.50 price objective for the company in a report on Tuesday, April 26th. TheStreet raised Aegon NV from a “hold” rating to a “buy” rating in a report on Monday, May 2nd. Morgan Stanley lowered Aegon NV from an “overweight” rating to an “equal weight” rating in a report on Tuesday, May 17th. Barclays PLC lowered Aegon NV from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. lowered Aegon NV from an “overweight” rating to a “neutral” rating in a report on Tuesday, June 28th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. Aegon NV presently has a consensus rating of “Hold” and a consensus target price of $6.07.
The stock has a 50-day moving average of $3.97 and a 200 day moving average of $4.97. The firm’s market capitalization is $8.68 billion.
Other large investors have recently added to or reduced their stakes in the company. 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. 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 worth $10,413,000 after buying an additional 216,353 shares during the period. Finally, 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 worth $13,512,000 after buying an additional 203,580 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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