Aegon NV (NYSE:AEG) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 4,107,963 shares, an increase of 102.4% from the August 31st total of 2,029,570 shares. Based on an average daily volume of 2,410,474 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.2% of the shares of the company are short sold.
Institutional investors have recently added to or reduced their stakes in the company. Telemus Capital LLC increased its position in Aegon NV by 5.7% in the third quarter. Telemus Capital LLC now owns 46,888 shares of the company’s stock worth $181,000 after buying an additional 2,515 shares during the period. Carnick & Kubik Group LLC purchased a new position in Aegon NV during the second quarter worth about $293,000. FDx Advisors Inc. increased its position in Aegon NV by 6.9% in the second quarter. FDx Advisors Inc. now owns 28,498 shares of the company’s stock worth $114,000 after buying an additional 1,831 shares during the period. A.R.T. Advisors LLC purchased a new position in Aegon NV during the second quarter worth about $445,000. Finally, KCG Holdings Inc. increased its position in Aegon NV by 331.7% in the second quarter. KCG Holdings Inc. now owns 143,082 shares of the company’s stock worth $574,000 after buying an additional 109,937 shares during the period. Hedge funds and other institutional investors own 6.81% of the company’s stock.
A number of research firms recently issued reports on AEG. Zacks Investment Research upgraded Aegon NV from a “sell” rating to a “hold” rating in a research note on Friday, September 2nd. Barclays PLC lowered Aegon NV from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, June 29th. JPMorgan Chase & Co. lowered Aegon NV from an “overweight” rating to a “neutral” rating in a research note on Tuesday, June 28th. Finally, TheStreet lowered Aegon NV from a “hold” rating to a “sell” rating in a research note on Friday, August 19th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. Aegon NV has a consensus rating of “Hold” and a consensus price target of $6.50.
Aegon NV (NYSE:AEG) opened at 4.10 on Thursday. The stock has a 50 day moving average price of $3.95 and a 200-day moving average price of $4.60. The stock’s market capitalization is $8.42 billion. Aegon NV has a 12-month low of $3.36 and a 12-month high of $6.38.
The company also recently declared a dividend, which was paid on Friday, September 16th. Stockholders of record on Monday, August 22nd were paid a $0.124 dividend. The ex-dividend date of this dividend was Thursday, August 18th. Aegon NV’s dividend payout ratio (DPR) is currently -125.00%.
Aegon NV Company Profile
AEGON NV is a life insurance, pensions and asset management company based in the Netherlands. The Company’s products range from life, critical illness and disability insurance, to pensions, annuities, long-term savings and investments. It also offers mortgages, and car, household and travel insurance in some markets.
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