Quantinno Capital Management LP Buys 520,221 Shares of Aegon NV $AEG

Quantinno Capital Management LP increased its stake in Aegon NV (NYSE:AEG) by 42.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,735,351 shares of the financial services provider’s stock after purchasing an additional 520,221 shares during the quarter. Quantinno Capital Management LP’s holdings in Aegon were worth $12,599,000 at the end of the most recent reporting period.

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

Aegon Trading Up 0.4%

Shares of NYSE:AEG opened at $9.47 on Tuesday. The company’s 50-day moving average price is $8.71 and its two-hundred day moving average price is $8.05. Aegon NV has a one year low of $6.75 and a one year high of $9.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market capitalization of $19.01 billion, a PE ratio of -59.22 and a beta of 0.85.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Citigroup restated a “buy” rating on shares of Aegon in a research report on Monday, May 11th. Morgan Stanley downgraded shares of Aegon from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 15th. BNP Paribas Exane started coverage on Aegon in a research note on Tuesday, April 7th. They issued an “outperform” rating and a $10.00 target price on the stock. Weiss Ratings upgraded shares of Aegon from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 11th. Finally, Zacks Research cut Aegon from a “hold” rating to a “strong sell” rating in a report on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $10.00.

Key Aegon News

Here are the key news stories impacting Aegon this week:

• Neutral Sentiment: Several articles discuss Aegon Targaryen and the dragon Sunfyre in HBO’s House of the Dragon. These are entertainment stories unrelated to Aegon N.V.’s insurance, pension, or financial-services operations. Aegon Targaryen article
• Neutral Sentiment: An article reports that Active Energy Group PLC, a separate company trading under AIM:AEG and OTCID:AEUSF, generated US$319,637 in maiden quarterly revenue from its Ghummud digital-infrastructure facility. This is not Aegon N.V. and should not be used to assess NYSE:AEG. Active Energy revenue article
• Neutral Sentiment: Additional coverage concerns the release and plot developments of House of the Dragon Season 3, including episode timing, character survival, and finale predictions. None of these reports contains operating or financial information about Aegon N.V. House of the Dragon release article

Aegon 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.