Aegon (NYSE:AEG) Cut to Hold at StockNews.com

Aegon (NYSE:AEG) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Aegon Trading Up 1.1 %

NYSE AEG opened at $6.20 on Friday. The stock’s 50-day moving average price is $5.92 and its 200-day moving average price is $5.63. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.48. Aegon has a 52 week low of $4.22 and a 52 week high of $6.38.

Institutional Trading of Aegon

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisor Resource Council purchased a new position in Aegon during the 4th quarter valued at approximately $69,000. Prime Capital Investment Advisors LLC boosted its holdings in shares of Aegon by 48.9% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 22,817 shares of the financial services provider’s stock worth $131,000 after purchasing an additional 7,492 shares during the period. Blue Trust Inc. boosted its holdings in Aegon by 580.7% during the 4th quarter. Blue Trust Inc. now owns 12,069 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 10,296 shares during the period. Legacy Wealth Asset Management LLC purchased a new position in Aegon during the 4th quarter valued at $518,000. Finally, Bank of New York Mellon Corp boosted its holdings in Aegon by 12.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 101,302 shares of the financial services provider’s stock valued at $486,000 after acquiring an additional 11,117 shares during the period. Institutional investors own 4.32% of the company’s stock.

About Aegon

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.