Natixis Advisors LLC Purchases 3,673 Shares of Aegon NV (NYSE:AEG)

Natixis Advisors LLC boosted its stake in Aegon NV (NYSE:AEG) by 4.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,923 shares of the financial services provider’s stock after purchasing an additional 3,673 shares during the quarter. Natixis Advisors LLC’s holdings in Aegon were worth $579,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its stake in Aegon by 3.0% in the 4th quarter. Russell Investments Group Ltd. now owns 76,168 shares of the financial services provider’s stock worth $449,000 after purchasing an additional 2,241 shares during the period. LPL Financial LLC boosted its stake in Aegon by 4.4% in the 4th quarter. LPL Financial LLC now owns 72,000 shares of the financial services provider’s stock worth $424,000 after purchasing an additional 3,039 shares during the period. Burns Matteson Capital Management LLC boosted its stake in Aegon by 32.3% in the 1st quarter. Burns Matteson Capital Management LLC now owns 14,016 shares of the financial services provider’s stock worth $92,000 after purchasing an additional 3,424 shares during the period. Bessemer Group Inc. boosted its stake in Aegon by 526.8% in the 1st quarter. Bessemer Group Inc. now owns 4,325 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 3,635 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Aegon by 7.6% in the 1st quarter. Cetera Investment Advisers now owns 63,028 shares of the financial services provider’s stock worth $415,000 after purchasing an additional 4,453 shares during the period. Institutional investors own 4.32% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on AEG shares. Wall Street Zen cut Aegon from a “buy” rating to a “hold” rating in a report on Saturday, July 12th. BNP Paribas Exane raised Aegon from a “neutral” rating to an “outperform” rating in a report on Wednesday, May 7th. Berenberg Bank raised Aegon to a “strong-buy” rating in a report on Thursday, May 29th. Finally, BNP Paribas raised Aegon from a “hold” rating to an “outperform” rating in a report on Wednesday, May 7th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Aegon Stock Performance

Shares of NYSE AEG opened at $7.38 on Tuesday. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 7.68, a P/E/G ratio of 0.28 and a beta of 0.94. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.50. Aegon NV has a 1-year low of $5.42 and a 1-year high of $7.39. The stock’s 50-day moving average is $7.10 and its 200 day moving average is $6.70.

Aegon declared that its Board of Directors has authorized a share buyback plan on Friday, May 16th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

Aegon Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.