Vestmark Advisory Solutions Inc. Makes New $74,000 Investment in Aegon NV $AEG

Vestmark Advisory Solutions Inc. acquired a new position in shares of Aegon NV (NYSE:AEG) during the 2nd quarter, Holdings Channel reports. The fund acquired 10,273 shares of the financial services provider’s stock, valued at approximately $74,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Larson Financial Group LLC lifted its position in Aegon by 119,047.6% during the first quarter. Larson Financial Group LLC now owns 100,084 shares of the financial services provider’s stock worth $660,000 after buying an additional 100,000 shares during the period. Burns Matteson Capital Management LLC grew its holdings in Aegon by 32.3% in the first quarter. Burns Matteson Capital Management LLC now owns 14,016 shares of the financial services provider’s stock valued at $92,000 after purchasing an additional 3,424 shares during the period. Bailard Inc. acquired a new position in shares of Aegon in the 1st quarter valued at $68,000. Diversify Advisory Services LLC increased its holdings in shares of Aegon by 30.4% during the 1st quarter. Diversify Advisory Services LLC now owns 34,484 shares of the financial services provider’s stock worth $225,000 after buying an additional 8,035 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of Aegon during the 1st quarter worth $138,000. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Price Performance

NYSE:AEG opened at $7.90 on Friday. The firm has a 50-day moving average of $7.69 and a two-hundred day moving average of $7.33. The stock has a market cap of $15.84 billion, a P/E ratio of -30.37, a PEG ratio of 0.24 and a beta of 0.99. Aegon NV has a 1-year low of $5.42 and a 1-year high of $8.15.

Aegon Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were given a $0.1876 dividend. This represents a dividend yield of 584.0%. The ex-dividend date of this dividend was Thursday, September 4th. Aegon’s dividend payout ratio is presently -142.31%.

Analyst Ratings Changes

AEG has been the subject of a number of research reports. Zacks Research downgraded Aegon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aegon in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Aegon from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Aegon Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.