Aegon NV (AEG) Receives $5.00 Consensus PT from Brokerages

Aegon NV (NYSE:AEG) has been given a consensus rating of “Hold” by the nine analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $5.00.

AEG has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Aegon NV from a “hold” rating to a “sell” rating in a research report on Friday, May 12th. BidaskClub raised shares of Aegon NV from a “sell” rating to a “hold” rating in a research note on Friday, July 7th. Finally, TheStreet cut shares of Aegon NV from a “b-” rating to a “c” rating in a research note on Thursday, May 18th.

Institutional investors have recently made changes to their positions in the stock. Harbour Capital Advisors LLC raised its position in shares of Aegon NV by 411.0% in the second quarter. Harbour Capital Advisors LLC now owns 2,279 shares of the financial services provider’s stock valued at $446,000 after buying an additional 1,833 shares in the last quarter. RMB Capital Management LLC bought a new position in shares of Aegon NV during the fourth quarter valued at $107,000. Checchi Capital Advisers LLC raised its position in shares of Aegon NV by 2.5% in the first quarter. Checchi Capital Advisers LLC now owns 19,906 shares of the financial services provider’s stock valued at $102,000 after buying an additional 482 shares in the last quarter. Tocqueville Asset Management L.P. raised its position in shares of Aegon NV by 84.1% in the second quarter. Tocqueville Asset Management L.P. now owns 20,389 shares of the financial services provider’s stock valued at $104,000 after buying an additional 9,312 shares in the last quarter. Finally, Pitcairn Co. raised its position in shares of Aegon NV by 15.3% in the second quarter. Pitcairn Co. now owns 20,932 shares of the financial services provider’s stock valued at $107,000 after buying an additional 2,776 shares in the last quarter. Hedge funds and other institutional investors own 10.33% of the company’s stock.

Aegon NV (NYSE AEG) opened at 5.85 on Monday. Aegon NV has a 52-week low of $3.70 and a 52-week high of $6.03. The stock has a market cap of $11.94 billion, a PE ratio of 18.81 and a beta of 1.39. The firm has a 50-day moving average price of $5.42 and a 200 day moving average price of $5.29.

Aegon NV (NYSE:AEG) last announced its quarterly earnings data on Thursday, August 10th. The financial services provider reported $0.21 EPS for the quarter, beating the consensus estimate of $0.08 by $0.13. Aegon NV had a net margin of 2.38% and a return on equity of 6.30%. The business had revenue of $9.24 billion during the quarter. Equities analysts anticipate that Aegon NV will post $0.68 earnings per share for the current year.

The business also recently disclosed a semiannual dividend, which will be paid on Friday, September 15th. Stockholders of record on Monday, August 21st will be issued a dividend of $0.1522 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a dividend yield of 5.23%. This is a positive change from Aegon NV’s previous semiannual dividend of $0.12. Aegon NV’s dividend payout ratio is currently 60.00%.

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Aegon NV Company Profile

Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.

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