Simon Quick Advisors LLC Has $158,000 Holdings in Aegon NV $AEG

Simon Quick Advisors LLC boosted its position in Aegon NV (NYSE:AEG) by 108.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 21,777 shares of the financial services provider’s stock after acquiring an additional 11,340 shares during the quarter. Simon Quick Advisors LLC’s holdings in Aegon were worth $158,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Sequoia Financial Advisors LLC lifted its holdings in shares of Aegon by 6.5% during the second quarter. Sequoia Financial Advisors LLC now owns 23,576 shares of the financial services provider’s stock worth $171,000 after buying an additional 1,440 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Aegon by 2.1% during the first quarter. Royal Bank of Canada now owns 77,076 shares of the financial services provider’s stock worth $507,000 after buying an additional 1,551 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Aegon by 0.4% during the first quarter. Sei Investments Co. now owns 487,913 shares of the financial services provider’s stock worth $3,215,000 after buying an additional 1,772 shares during the last quarter. Wealthstar Advisors LLC lifted its holdings in shares of Aegon by 2.1% during the second quarter. Wealthstar Advisors LLC now owns 96,994 shares of the financial services provider’s stock worth $702,000 after buying an additional 1,955 shares during the last quarter. Finally, Contravisory Investment Management Inc. lifted its holdings in shares of Aegon by 6.4% during the second quarter. Contravisory Investment Management Inc. now owns 37,333 shares of the financial services provider’s stock worth $270,000 after buying an additional 2,234 shares during the last quarter. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Stock Performance

NYSE:AEG opened at $7.47 on Wednesday. The company has a 50-day moving average of $7.70 and a 200-day moving average of $7.27. Aegon NV has a 52 week low of $5.42 and a 52 week high of $8.15. The company has a market capitalization of $14.98 billion, a price-to-earnings ratio of -28.71, a PEG ratio of 0.24 and a beta of 0.97.

Aegon Cuts Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were issued a dividend of $0.1876 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a dividend yield of 584.0%. Aegon’s dividend payout ratio (DPR) is presently -142.31%.

Analyst Ratings Changes

A number of brokerages have recently commented on AEG. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aegon in a report on Wednesday, October 8th. Zacks Research lowered Aegon from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, Wall Street Zen cut Aegon from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Aegon has a consensus rating of “Buy”.

Aegon Company 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.