Cerity Partners LLC Increases Stake in Aegon Ltd. (NYSE:AEG)

Cerity Partners LLC increased its position in Aegon Ltd. (NYSE:AEG) by 11.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 87,416 shares of the financial services provider’s stock after acquiring an additional 9,123 shares during the quarter. Cerity Partners LLC’s holdings in Aegon were worth $504,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AEG. Allworth Financial LP increased its holdings in Aegon by 144.8% in the 3rd quarter. Allworth Financial LP now owns 8,201 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 4,851 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in Aegon in the 3rd quarter worth about $58,000. Optas LLC bought a new position in Aegon in the 4th quarter worth about $65,000. Advisor Resource Council bought a new position in Aegon in the 4th quarter worth about $69,000. Finally, Blue Trust Inc. boosted its stake in Aegon by 580.7% in the 4th quarter. Blue Trust Inc. now owns 12,069 shares of the financial services provider’s stock worth $70,000 after purchasing an additional 10,296 shares during the period. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Aegon from a “hold” rating to a “buy” rating in a research note on Thursday, April 18th.

Aegon Trading Down 1.2 %

Shares of NYSE AEG opened at $6.12 on Thursday. Aegon Ltd. has a 52 week low of $4.22 and a 52 week high of $6.38. The business has a 50-day simple moving average of $5.91 and a two-hundred day simple moving average of $5.61. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.08.

Aegon Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Monday, July 8th. Stockholders of record on Monday, June 17th will be given a dividend of $0.1734 per share. This represents a dividend yield of 4.9%. The ex-dividend date is Monday, June 17th. This is an increase from Aegon’s previous semi-annual dividend of $0.15.

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.