Sei Investments Co. Purchases 52,751 Shares of Aegon NV $AEG

Sei Investments Co. boosted its position in Aegon NV (NYSE:AEG) by 14.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 412,972 shares of the financial services provider’s stock after buying an additional 52,751 shares during the quarter. Sei Investments Co.’s holdings in Aegon were worth $2,998,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Aegon during the fourth quarter valued at about $33,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Aegon by 321.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,511 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 3,440 shares during the period. Quantessence Capital LLC bought a new position in shares of Aegon in the fourth quarter worth about $78,000. Baron Wealth Management LLC acquired a new position in shares of Aegon during the 1st quarter worth about $82,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Aegon during the 1st quarter worth about $82,000. Institutional investors own 4.32% of the company’s stock.

Aegon Stock Up 0.8%

Shares of AEG opened at $9.53 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.07 and a current ratio of 0.07. The company has a 50-day simple moving average of $8.78 and a 200-day simple moving average of $8.09. Aegon NV has a 52 week low of $6.75 and a 52 week high of $9.61. The firm has a market capitalization of $19.13 billion, a P/E ratio of -59.59 and a beta of 0.84.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Weiss Ratings upgraded Aegon from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 11th. Morgan Stanley downgraded Aegon from an “overweight” rating to an “equal weight” rating in a research report on Friday, May 15th. Citigroup reissued a “buy” rating on shares of Aegon in a research report on Monday, May 11th. Finally, Zacks Research downgraded shares of Aegon from a “hold” rating to a “strong sell” rating in a research note on Monday, July 27th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.00.

Aegon Company Profile

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.