Aegon (NYSE:AEG) Rating Lowered to Hold at StockNews.com

Aegon (NYSE:AEG) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Aegon Trading Up 1.1 %

Shares of AEG stock opened at $6.20 on Friday. Aegon has a 52 week low of $4.22 and a 52 week high of $6.38. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.48. The firm has a 50 day moving average of $5.92 and a 200-day moving average of $5.63.

Institutional Trading of Aegon

Several hedge funds have recently bought and sold shares of AEG. Allworth Financial LP grew its position in Aegon by 144.8% in the 3rd quarter. Allworth Financial LP now owns 8,201 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 4,851 shares during the period. Axxcess Wealth Management LLC acquired a new stake in Aegon in the 3rd quarter valued at $58,000. M&T Bank Corp acquired a new stake in Aegon in the 4th quarter valued at $60,000. Certuity LLC acquired a new stake in Aegon in the 4th quarter valued at $62,000. Finally, Optas LLC purchased a new position in Aegon during the 4th quarter worth $65,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

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.