Aegon NV (NYSE:AEG) – Stock analysts at Jefferies Group dropped their FY2016 earnings per share estimates for Aegon NV in a research report issued on Thursday. Jefferies Group analyst M. Cathcart now anticipates that the brokerage will post earnings per share of $0.66 for the year, down from their previous forecast of $0.71. Jefferies Group also issued estimates for Aegon NV’s FY2017 earnings at $0.74 EPS and FY2018 earnings at $0.78 EPS.
Several other equities analysts have also weighed in on AEG. JPMorgan Chase & Co. lowered shares of Aegon NV from an “overweight” rating to a “neutral” rating in a report on Tuesday, June 28th. Barclays PLC lowered shares of Aegon NV from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 29th. Zacks Investment Research lowered shares of Aegon NV from a “hold” rating to a “sell” rating in a report on Tuesday, July 19th. Finally, TheStreet lowered shares of Aegon NV from a “hold” rating to a “sell” rating in a report on Friday, August 19th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $6.50.
Shares of Aegon NV (NYSE:AEG) opened at 3.84 on Monday. Aegon NV has a 52 week low of $3.36 and a 52 week high of $6.38. The firm has a 50-day moving average of $4.01 and a 200 day moving average of $4.67. The company’s market cap is $7.88 billion.
Several institutional investors have recently modified their holdings of AEG. Princeton Alpha Management LP raised its stake in Aegon NV by 57.8% in the second quarter. Princeton Alpha Management LP now owns 25,984 shares of the company’s stock worth $104,000 after buying an additional 9,518 shares during the period. Buckingham Asset Management LLC raised its stake in Aegon NV by 8.6% in the second quarter. Buckingham Asset Management LLC now owns 27,636 shares of the company’s stock worth $111,000 after buying an additional 2,183 shares during the period. FDx Advisors Inc. raised its stake 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. Timber Hill LLC raised its stake in Aegon NV by 156.4% in the second quarter. Timber Hill LLC now owns 34,952 shares of the company’s stock worth $140,000 after buying an additional 21,318 shares during the period. Finally, First Trust Advisors LP acquired a new stake in Aegon NV during the second quarter worth about $145,000. Hedge funds and other institutional investors own 6.81% of the company’s stock.
The business also recently disclosed a dividend, which was paid on Friday, September 16th. Stockholders of record on Monday, August 22nd were issued a $0.124 dividend. The ex-dividend date of this dividend was Thursday, August 18th. Aegon NV’s dividend payout ratio 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.
Receive News & Ratings for Aegon NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegon NV and related companies with MarketBeat.com's FREE daily email newsletter.