Aegon NV $AEG Shares Purchased by Entropy Technologies LP

Entropy Technologies LP boosted its holdings in Aegon NV (NYSE:AEG) by 119.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,001 shares of the financial services provider’s stock after acquiring an additional 77,400 shares during the period. Entropy Technologies LP’s holdings in Aegon were worth $1,031,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Keebeck Wealth Management bought a new position in shares of Aegon during the first quarter valued at approximately $84,000. Sei Investments Co. lifted its holdings in shares of Aegon by 14.6% in the 1st quarter. Sei Investments Co. now owns 412,972 shares of the financial services provider’s stock worth $2,998,000 after purchasing an additional 52,751 shares during the last quarter. Transmarket Holdings LP lifted its holdings in shares of Aegon by 106.1% in the 1st quarter. Transmarket Holdings LP now owns 665,613 shares of the financial services provider’s stock worth $4,832,000 after purchasing an additional 342,704 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Aegon by 5.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 220,859 shares of the financial services provider’s stock valued at $1,603,000 after purchasing an additional 10,735 shares during the period. Finally, Earned Wealth Advisors LLC boosted its position in Aegon by 14.6% during the 1st quarter. Earned Wealth Advisors LLC now owns 11,871 shares of the financial services provider’s stock valued at $86,000 after purchasing an additional 1,508 shares during the period. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Price Performance

Shares of NYSE:AEG opened at $9.18 on Wednesday. The firm’s 50 day moving average is $8.65 and its two-hundred day moving average is $8.00. The firm has a market capitalization of $18.41 billion, a P/E ratio of -57.34 and a beta of 0.85. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.36. Aegon NV has a 52 week low of $6.75 and a 52 week high of $9.23.

Analyst Ratings Changes

A number of research analysts recently commented on AEG shares. Weiss Ratings upgraded Aegon from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 11th. Citigroup reiterated a “buy” rating on shares of Aegon in a research note on Monday, May 11th. Morgan Stanley lowered shares of Aegon from an “overweight” rating to an “equal weight” rating in a research report on Friday, May 15th. Finally, BNP Paribas Exane started coverage on shares of Aegon in a report on Tuesday, April 7th. They issued an “outperform” rating and a $10.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Aegon presently has an average rating of “Hold” and an average price target of $10.00.

About Aegon

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.