AEGON (NYSE:AEG) Downgraded by Cfra

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Cfra lowered shares of AEGON (NYSE:AEG) to a hold rating in a research report released on Monday morning, TipRanks reports.

AEG has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of AEGON from a hold rating to a sell rating in a research report on Wednesday, August 12th. ValuEngine raised shares of AEGON from a strong sell rating to a sell rating in a research report on Thursday, July 2nd. Royal Bank of Canada reaffirmed a sector perform rating on shares of AEGON in a research report on Friday, April 24th. ING Group downgraded shares of AEGON from a buy rating to a hold rating in a research report on Wednesday, June 10th. Finally, Barclays restated an equal weight rating on shares of AEGON in a research report on Thursday, July 16th. Six investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $3.50.

Shares of NYSE:AEG opened at $2.67 on Monday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.43. AEGON has a fifty-two week low of $1.80 and a fifty-two week high of $4.70. The firm has a 50-day simple moving average of $3.08 and a 200 day simple moving average of $2.96. The company has a market cap of $7.56 billion, a PE ratio of 2.90, a P/E/G ratio of 1.14 and a beta of 1.32.

The company also recently announced a semi-annual dividend, which will be paid on Friday, September 18th. Shareholders of record on Monday, August 24th will be given a $0.0712 dividend. This represents a yield of 2.1%. The ex-dividend date is Friday, August 21st.

A number of hedge funds and other institutional investors have recently bought and sold shares of AEG. Ellevest Inc. increased its stake in shares of AEGON by 317.4% during the 2nd quarter. Ellevest Inc. now owns 9,225 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 7,015 shares during the last quarter. Keybank National Association OH bought a new position in AEGON in the second quarter valued at approximately $30,000. Vista Wealth Management Group LLC bought a new stake in shares of AEGON in the second quarter worth $31,000. Raymond James Trust N.A. bought a new stake in shares of AEGON in the first quarter worth $32,000. Finally, Sage Rhino Capital LLC bought a new stake in shares of AEGON in the first quarter worth $35,000. Hedge funds and other institutional investors own 6.46% of the company’s stock.

AEGON Company Profile

Aegon N.V. provides insurance, pensions, and asset management services worldwide. It offers life, accident, and health insurance; property and casualty insurance; home and car insurance; individual investment accounts; annuities; retirement plan services; stable value solutions; retail and institutional investment management solutions; savings products; group pensions; mortgage loans; and bank accounts.

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