Aegon (NYSE:AEG) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of Aegon (NYSE:AEG) in a research note issued to investors on Wednesday. The firm issued a hold rating on the financial services provider’s stock.

A number of other research analysts also recently issued reports on the stock. UBS Group downgraded shares of Aegon from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 3rd. Zacks Research lowered shares of Aegon from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of Aegon in a research note on Monday, December 29th. Finally, Wall Street Zen raised Aegon from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Aegon Trading Down 2.0%

Aegon stock opened at $7.65 on Wednesday. The firm has a market capitalization of $15.34 billion, a P/E ratio of -29.40, a P/E/G ratio of 0.22 and a beta of 0.78. Aegon has a twelve month low of $5.42 and a twelve month high of $8.15. The stock’s fifty day simple moving average is $7.68 and its 200-day simple moving average is $7.55.

Institutional Trading of Aegon

Large investors have recently made changes to their positions in the company. Acadian Asset Management LLC increased its holdings in shares of Aegon by 2,348.0% in the second 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 period. Capital Fund Management S.A. acquired a new stake in shares of Aegon during the second quarter worth $1,163,000. Creative Planning grew its position in Aegon by 15.9% in the 2nd quarter. Creative Planning now owns 401,101 shares of the financial services provider’s stock valued at $2,904,000 after buying an additional 55,028 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in Aegon in the 2nd quarter valued at $80,000. Finally, Campbell & CO Investment Adviser LLC raised its position in Aegon by 407.9% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 201,002 shares of the financial services provider’s stock worth $1,455,000 after buying an additional 161,423 shares during the last quarter. 4.32% of the stock is owned by institutional investors and hedge funds.

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.