Aegon NV (AEG) Holdings Lifted by AMP Capital Investors Ltd

AMP Capital Investors Ltd raised its holdings in shares of Aegon NV (NYSE:AEG) by 2.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 359,020 shares of the financial services provider’s stock after purchasing an additional 9,703 shares during the period. AMP Capital Investors Ltd’s holdings in Aegon were worth $2,079,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its position in shares of Aegon by 2.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 774,842 shares of the financial services provider’s stock worth $4,486,000 after acquiring an additional 15,722 shares in the last quarter. Campbell & CO Investment Adviser LLC raised its position in shares of Aegon by 124.7% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 24,632 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 13,672 shares in the last quarter. Yorktown Management & Research Co Inc bought a new position in shares of Aegon in the 3rd quarter worth approximately $266,000. Commonwealth Equity Services Inc grew its stake in shares of Aegon by 61.3% in the 3rd quarter. Commonwealth Equity Services Inc now owns 75,329 shares of the financial services provider’s stock worth $436,000 after buying an additional 28,640 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of Aegon by 70.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 568,098 shares of the financial services provider’s stock worth $3,289,000 after buying an additional 234,647 shares during the last quarter. 10.13% of the stock is owned by institutional investors and hedge funds.

Shares of Aegon NV (AEG) opened at $6.28 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.10 and a current ratio of 0.10. Aegon NV has a 52 week low of $4.73 and a 52 week high of $6.32. The company has a market capitalization of $12,607.20, a price-to-earnings ratio of 7.10 and a beta of 1.44.

Aegon announced that its Board of Directors has approved a stock repurchase plan on Thursday, September 28th that allows the company to buyback 51,860,000 outstanding shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Several analysts recently weighed in on the company. Zacks Investment Research downgraded Aegon from a “hold” rating to a “sell” rating in a research note on Friday. ValuEngine downgraded Aegon from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Sanford C. Bernstein assumed coverage on Aegon in a research note on Thursday, September 14th. They set a “market perform” rating and a $4.60 target price on the stock. Societe Generale downgraded Aegon from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Finally, TheStreet upgraded Aegon from a “c+” rating to a “b” rating in a research note on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $5.43.

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Aegon 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.

Institutional Ownership by Quarter for Aegon (NYSE:AEG)

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