Aegon (NYSE:AEG) Upgraded by StockNews.com to “Buy”

Aegon (NYSE:AEG) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Thursday.

Aegon Price Performance

NYSE AEG traded up $0.02 on Thursday, hitting $5.90. 4,086,420 shares of the stock traded hands, compared to its average volume of 2,269,228. The stock has a 50-day moving average of $5.88 and a 200 day moving average of $5.57. Aegon has a twelve month low of $4.22 and a twelve month high of $6.38. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.48.

Institutional Trading of Aegon

A number of institutional investors and hedge funds have recently made changes to their positions in AEG. Bell Investment Advisors Inc raised its position in shares of Aegon by 461.5% during the 4th quarter. Bell Investment Advisors Inc now owns 4,301 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 3,535 shares during the period. BNP Paribas Arbitrage SNC acquired a new stake in shares of Aegon during the 3rd quarter worth approximately $26,000. Fortis Capital Advisors LLC acquired a new stake in shares of Aegon during the 1st quarter worth approximately $34,000. Belpointe Asset Management LLC raised its position in shares of Aegon by 3,154.7% during the 1st quarter. Belpointe Asset Management LLC now owns 8,625 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 8,360 shares during the period. Finally, Allworth Financial LP raised its position in shares of Aegon by 144.8% during the 3rd quarter. Allworth Financial LP now owns 8,201 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 4,851 shares during the period. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, and mutual funds; mortgage loans; and individual retirement accounts, as well as stable value, investment management, and digital banking solutions.