Aegon NV (NYSE:AEG) Short Interest Down 30.5% in January

Aegon NV (NYSE:AEG) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 1,053,012 shares, a decline of 30.5% from the January 15th total of 1,515,666 shares. Based on an average daily volume of 5,112,574 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 5,112,574 shares, the days-to-cover ratio is presently 0.2 days.

Aegon Trading Down 0.2%

Shares of Aegon stock traded down $0.02 during trading hours on Friday, reaching $7.58. The company’s stock had a trading volume of 12,734,153 shares, compared to its average volume of 5,201,051. Aegon has a one year low of $5.42 and a one year high of $8.15. The company’s 50 day simple moving average is $7.70 and its 200 day simple moving average is $7.66.

Hedge Funds Weigh In On Aegon

Several institutional investors have recently made changes to their positions in AEG. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Aegon by 104.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 21,006,803 shares of the financial services provider’s stock worth $152,089,000 after purchasing an additional 10,732,972 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Aegon by 9.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,839,732 shares of the financial services provider’s stock worth $83,576,000 after acquiring an additional 970,534 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Aegon by 306.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,169,541 shares of the financial services provider’s stock worth $44,667,000 after acquiring an additional 4,650,272 shares during the period. Acadian Asset Management LLC lifted its position in Aegon by 2,348.0% in the 2nd quarter. Acadian Asset Management LLC now owns 3,482,943 shares of the financial services provider’s stock valued at $25,200,000 after purchasing an additional 3,340,666 shares during the last quarter. Finally, UBS Group AG lifted its position in Aegon by 24.1% in the 4th quarter. UBS Group AG now owns 2,546,698 shares of the financial services provider’s stock valued at $19,635,000 after purchasing an additional 494,065 shares during the last quarter. 4.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AEG. Zacks Research cut Aegon from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Morgan Stanley reiterated an “overweight” rating on shares of Aegon in a research note on Friday, January 9th. UBS Group downgraded shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Aegon in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded Aegon from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Aegon currently has a consensus rating of “Moderate Buy”.

About Aegon

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.