Aegon NV (NYSE:AEG) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

According to Zacks, “Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company’s other lines of business include property and casualty insurance and financial services. “

A number of other brokerages also recently weighed in on AEG. Societe Generale downgraded Aegon NV from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. TheStreet upgraded Aegon NV from a “c+” rating to a “b” rating in a report on Friday, August 25th. Sanford C. Bernstein assumed coverage on Aegon NV in a report on Thursday, September 14th. They set a “market perform” rating and a $4.60 price target for the company. Finally, BidaskClub upgraded Aegon NV from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $5.28.

Aegon NV (NYSE:AEG) last issued its quarterly earnings results on Thursday, August 10th. The financial services provider reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.13. Aegon NV had a return on equity of 6.73% and a net margin of 5.18%. The firm had revenue of $9.24 billion during the quarter.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Private Advisor Group LLC grew its stake in shares of Aegon NV by 0.3% in the 2nd quarter. Private Advisor Group LLC now owns 34,398 shares of the financial services provider’s stock valued at $188,000 after buying an additional 88 shares during the period. Concorde Asset Management LLC grew its stake in shares of Aegon NV by 1.5% in the 2nd quarter. Concorde Asset Management LLC now owns 28,709 shares of the financial services provider’s stock valued at $147,000 after buying an additional 438 shares during the period. Checchi Capital Advisers LLC grew its stake in shares of Aegon NV by 4.2% in the 2nd quarter. Checchi Capital Advisers LLC now owns 20,744 shares of the financial services provider’s stock valued at $106,000 after buying an additional 838 shares during the period. Strategic Advisors LLC grew its stake in shares of Aegon NV by 2.2% in the 2nd quarter. Strategic Advisors LLC now owns 46,150 shares of the financial services provider’s stock valued at $1,191,000 after buying an additional 1,000 shares during the period. Finally, Highland Capital Management LLC grew its stake in shares of Aegon NV by 1.3% in the 2nd quarter. Highland Capital Management LLC now owns 84,538 shares of the financial services provider’s stock valued at $432,000 after buying an additional 1,120 shares during the period. Institutional investors own 10.56% of the company’s stock.

Aegon NV Company Profile

Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.

Analyst Recommendations for Aegon NV (NYSE:AEG)

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