According to Zacks, “Aviva has established a competitive position in North America. In the US, the world’s largest savings market, Aviva is the leading provider of indexed annuity and indexed life insurance products. Its principal activity is the provision of financial products and services, focused on the following lines of business: long-term insurance and savings business, fund management and general insurance and health. The company’s business is managed on a geographic basis through a regional management structure based on four regions, U.K., Europe, North America and Asia Pacific. The four regions function as five operating segments as, due to the size of the U.K. region, it is split into two operating segments, U.K. Life and U.K. General Insurance, which undertake long term insurance and savings business and general insurance respectively. “
A number of other analysts have also recently weighed in on the stock. Jefferies Group restated a hold rating on shares of Aviva PLC in a report on Thursday, September 8th. Berenberg Bank restated a sell rating on shares of Aviva PLC in a report on Tuesday, August 9th. Macquarie cut shares of Aviva PLC from an outperform rating to a neutral rating in a report on Tuesday, August 9th. Beaufort Securities reiterated a buy rating on shares of Aviva PLC in a research note on Friday, August 5th. Finally, Barclays PLC reiterated an equal weight rating on shares of Aviva PLC in a research note on Monday, August 1st. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold.
Aviva PLC (NYSE:AV) opened at 11.40 on Monday. Aviva PLC has a 52 week low of $9.11 and a 52 week high of $15.67. The company has a market cap of $23.09 billion, a P/E ratio of 35.62 and a beta of 1.33. The stock has a 50 day moving average of $11.31 and a 200 day moving average of $11.84.
The firm also recently declared a dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Friday, October 7th will be given a dividend of $0.175 per share. The ex-dividend date is Wednesday, October 5th.
Institutional investors have recently bought and sold shares of the company. Ngam Advisors L.P. raised its position in Aviva PLC by 95.8% in the first quarter. Ngam Advisors L.P. now owns 204,625 shares of the company’s stock valued at $2,672,000 after buying an additional 100,131 shares during the period. UBS Asset Management Americas Inc. raised its position in Aviva PLC by 167.1% in the first quarter. UBS Asset Management Americas Inc. now owns 386,308 shares of the company’s stock valued at $5,045,000 after buying an additional 241,701 shares during the period. Envestnet Asset Management Inc. raised its position in Aviva PLC by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 347,579 shares of the company’s stock valued at $4,539,000 after buying an additional 12,599 shares during the period. Royal Bank of Canada raised its position in Aviva PLC by 548.7% in the first quarter. Royal Bank of Canada now owns 57,581 shares of the company’s stock valued at $752,000 after buying an additional 48,704 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in Aviva PLC by 9.3% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,478 shares of the company’s stock valued at $109,000 after buying an additional 719 shares during the period. 0.79% of the stock is owned by institutional investors.
Aviva PLC Company Profile
Aviva plc is the holding company of the Aviva Group. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. The Company’s segments include UK & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia, and Aviva Investors.
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