Aegon (NYSE:AEG) Rating Increased to Buy at StockNews.com

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

Aegon Stock Performance

NYSE:AEG opened at $5.87 on Thursday. 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 fifty-two week low of $4.22 and a fifty-two week high of $6.38. The stock’s 50-day moving average is $5.88 and its two-hundred day moving average is $5.57.

Institutional Investors Weigh In On Aegon

Several large investors have recently made changes to their positions in the company. Legacy Wealth Asset Management LLC grew its stake in shares of Aegon by 2.1% in the 1st quarter. Legacy Wealth Asset Management LLC now owns 91,827 shares of the financial services provider’s stock valued at $556,000 after buying an additional 1,849 shares in the last quarter. Wealthstar Advisors LLC lifted its holdings in Aegon by 4.3% in the 1st quarter. Wealthstar Advisors LLC now owns 96,697 shares of the financial services provider’s stock worth $585,000 after purchasing an additional 4,028 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in Aegon by 434.2% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 54,773 shares of the financial services provider’s stock worth $331,000 after purchasing an additional 44,520 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Aegon by 19.7% in the 1st quarter. Ballentine Partners LLC now owns 54,215 shares of the financial services provider’s stock worth $328,000 after purchasing an additional 8,915 shares during the last quarter. Finally, Fulton Bank N.A. acquired a new position in shares of Aegon during the first quarter worth approximately $194,000. 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.