Aegon NV (AEG) Sees Large Volume Increase
Aegon NV (NYSE:AEG) saw unusually-high trading volume on Tuesday . Approximately 2,006,070 shares traded hands during trading, an increase of 14% from the previous session’s volume of 1,760,482 shares.The stock last traded at $3.99 and had previously closed at $3.90.
AEG has been the subject of a number of recent analyst reports. TheStreet lowered Aegon NV from a “hold” rating to a “sell” rating in a report on Friday, August 19th. Zacks Investment Research lowered Aegon NV from a “hold” rating to a “sell” rating in a report on Tuesday, July 19th. JPMorgan Chase & Co. lowered Aegon NV from an “overweight” rating to a “neutral” rating in a report on Tuesday, June 28th. Barclays PLC lowered Aegon NV from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 29th. Finally, Morgan Stanley lowered Aegon NV from an “overweight” rating to an “equal weight” rating in a report on Tuesday, May 17th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $6.07.
The company has a 50-day moving average of $3.96 and a 200 day moving average of $4.87. The firm’s market capitalization is $7.97 billion.
The firm also recently declared a dividend, which will be paid on Friday, September 16th. Stockholders of record on Monday, August 22nd will be issued a dividend of $0.124 per share. The ex-dividend date is Thursday, August 18th.
A number of hedge funds and institutional investors have recently bought and sold shares of the stock. Morgan Stanley increased its position 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 in the last quarter. Wells Fargo & Company MN increased its position 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 in the last quarter. Finally, Dimensional Fund Advisors LP increased its position 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 in 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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