Aegon (NYSE:AEG) Reaches New 52-Week High at $5.81

Aegon (NYSE:AEG)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $5.81 and last traded at $5.80, with a volume of 6196267 shares trading hands. The stock had previously closed at $5.65.

AEG has been the subject of several analyst reports. Barclays reaffirmed an “equal weight” rating on shares of Aegon in a research note on Friday, October 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aegon in a report on Monday, November 15th. Credit Suisse Group upgraded Aegon from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 24th. Morgan Stanley restated an “equal weight” rating on shares of Aegon in a report on Thursday, October 21st. Finally, Royal Bank of Canada restated a “sector perform” rating on shares of Aegon in a report on Monday, November 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $4.75.

The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.45. The firm has a 50-day simple moving average of $4.88 and a 200-day simple moving average of $4.78.

Hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC boosted its position in Aegon by 54.8% during the 2nd quarter. LPL Financial LLC now owns 187,198 shares of the financial services provider’s stock valued at $773,000 after acquiring an additional 66,303 shares in the last quarter. Liberty Wealth Management LLC boosted its position in shares of Aegon by 312.5% in the 2nd quarter. Liberty Wealth Management LLC now owns 9,344 shares of the financial services provider’s stock worth $2,263,000 after purchasing an additional 7,079 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Aegon in the 2nd quarter worth $177,000. Goldman Sachs Group Inc. boosted its position in shares of Aegon by 3.4% in the 2nd quarter. Goldman Sachs Group Inc. now owns 2,783,240 shares of the financial services provider’s stock worth $11,495,000 after purchasing an additional 91,434 shares in the last quarter. Finally, DeDora Capital Inc. acquired a new stake in shares of Aegon in the 3rd quarter worth $103,000. 5.95% of the stock is currently owned by institutional investors and hedge funds.

About Aegon (NYSE:AEG)

Aegon NV is a holding company, which engages in the provision of insurance, pensions, and asset management services. It operates through the following segments: Americas, The Netherlands, United Kingdom, International, Asset Management, and Holding and Other Activities. The Americas segment covers business units in the United States and Brazil, including any of the units? activities located outside these countries.

Featured Story: Growth and Income Funds

Receive News & Ratings for Aegon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegon and related companies with MarketBeat.com's FREE daily email newsletter.