Aegon (NYSE:AEG) Upgraded to Buy at UBS Group

Aegon (NYSE:AEG) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a report released on Tuesday, MarketBeat Ratings reports.

Aegon Trading Down 1.2 %

AEG stock opened at $6.35 on Tuesday. The stock has a market capitalization of $14.00 billion, a PE ratio of 6.98 and a beta of 1.07. The stock’s 50 day simple moving average is $6.19 and its 200 day simple moving average is $6.26. Aegon has a 12-month low of $4.63 and a 12-month high of $6.96.

Hedge Funds Weigh In On Aegon

Institutional investors and hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in shares of Aegon by 240.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 2,905 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Aegon in the second quarter worth about $30,000. GAMMA Investing LLC lifted its position in shares of Aegon by 79.5% during the 2nd quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock valued at $31,000 after buying an additional 2,256 shares in the last quarter. CWM LLC grew its stake in shares of Aegon by 83.6% during the 2nd quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 2,606 shares during the period. Finally, Verus Capital Partners LLC purchased a new stake in Aegon in the 2nd quarter worth approximately $61,000. Hedge funds and other institutional investors own 4.32% of the company’s stock.

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.