Sei Investments Co. Has $3 Million Stake in Aegon NV $AEG

Sei Investments Co. increased its position in Aegon NV (NYSE:AEG) by 14.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 412,972 shares of the financial services provider’s stock after purchasing an additional 52,751 shares during the quarter. Sei Investments Co.’s holdings in Aegon were worth $2,998,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Aegon in the 4th quarter valued at $33,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Aegon by 321.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,511 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 3,440 shares during the period. Quantessence Capital LLC bought a new position in shares of Aegon during the 4th quarter worth about $78,000. Baron Wealth Management LLC acquired a new stake in shares of Aegon during the 1st quarter valued at about $82,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Aegon during the 1st quarter valued at about $82,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

Analyst Ratings Changes

AEG has been the subject of several recent research reports. Citigroup reissued a “buy” rating on shares of Aegon in a research report on Monday, May 11th. Weiss Ratings raised Aegon from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 11th. Zacks Research cut Aegon from a “hold” rating to a “strong sell” rating in a research report on Monday, July 27th. Finally, Morgan Stanley cut Aegon from an “overweight” rating to an “equal weight” rating in a research report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $10.00.

Aegon Price Performance

NYSE:AEG opened at $9.53 on Friday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.36. The firm has a market cap of $19.13 billion, a PE ratio of -59.59 and a beta of 0.84. Aegon NV has a 12 month low of $6.75 and a 12 month high of $9.61. The company’s 50-day moving average price is $8.78 and its two-hundred day moving average price is $8.09.

Aegon Company Profile

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.