World Asset Management Inc Has $624,000 Position in Aegon NV (AEG)

World Asset Management Inc cut its stake in shares of Aegon NV (NYSE:AEG) by 5.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 122,187 shares of the financial services provider’s stock after selling 7,639 shares during the period. World Asset Management Inc’s holdings in Aegon NV were worth $624,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Concorde Asset Management LLC increased its stake in shares of Aegon NV by 1.5% in the second quarter. Concorde Asset Management LLC now owns 28,709 shares of the financial services provider’s stock valued at $147,000 after buying an additional 438 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in shares of Aegon NV by 2.5% in the first quarter. Checchi Capital Advisers LLC now owns 19,906 shares of the financial services provider’s stock valued at $102,000 after buying an additional 482 shares during the last quarter. Buckingham Asset Management LLC increased its stake in shares of Aegon NV by 2.9% in the first quarter. Buckingham Asset Management LLC now owns 20,976 shares of the financial services provider’s stock valued at $108,000 after buying an additional 583 shares during the last quarter. Highland Capital Management LLC increased its stake in shares of Aegon NV by 1.3% in the second quarter. Highland Capital Management LLC now owns 84,538 shares of the financial services provider’s stock valued at $432,000 after buying an additional 1,120 shares during the last quarter. Finally, Harbour Capital Advisors LLC increased its stake in shares of Aegon NV by 411.0% in the second quarter. Harbour Capital Advisors LLC now owns 2,279 shares of the financial services provider’s stock valued at $446,000 after buying an additional 1,833 shares during the last quarter. 10.28% of the stock is currently owned by institutional investors and hedge funds.

Shares of Aegon NV (NYSE:AEG) traded up 0.87% during mid-day trading on Friday, hitting $5.79. 1,843,516 shares of the company traded hands. Aegon NV has a 52-week low of $3.70 and a 52-week high of $6.06. The firm has a market cap of $11.84 billion, a price-to-earnings ratio of 6.93 and a beta of 1.39. The firm has a 50-day moving average price of $5.55 and a 200 day moving average price of $5.30.

Aegon NV (NYSE:AEG) last posted its quarterly earnings data on Thursday, August 10th. The financial services provider reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.13. Aegon NV had a net margin of 5.18% and a return on equity of 6.73%. The company had revenue of $9.24 billion during the quarter. Equities research analysts anticipate that Aegon NV will post $0.68 EPS for the current fiscal year.

The firm also recently disclosed a semiannual dividend, which will be paid on Friday, September 15th. Stockholders of record on Monday, August 21st will be given a dividend of $0.1522 per share. This is a positive change from Aegon NV’s previous semiannual dividend of $0.12. The ex-dividend date of this dividend is Thursday, August 17th. This represents a dividend yield of 5.23%. Aegon NV’s dividend payout ratio (DPR) is 40.66%.

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Several brokerages have recently weighed in on AEG. BidaskClub raised shares of Aegon NV from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research downgraded shares of Aegon NV from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Finally, TheStreet downgraded shares of Aegon NV from a “b-” rating to a “c” rating in a report on Thursday, May 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $5.63.

Aegon NV Company 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 NV (NYSE:AEG)

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