Shares of AEGON (NYSE:AEG) gapped down prior to trading on Thursday . The stock had previously closed at $4.75, but opened at $4.61. AEGON shares last traded at $4.54, with a volume of 2139729 shares changing hands.
AEG has been the subject of several research reports. Bank of America raised AEGON from an “underperform” rating to a “neutral” rating and set a $5.00 target price for the company in a report on Wednesday, December 12th. ABN Amro raised AEGON from a “hold” rating to a “buy” rating in a report on Monday, December 10th. Finally, ValuEngine downgraded AEGON from a “hold” rating to a “sell” rating in a report on Friday, November 23rd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. AEGON presently has a consensus rating of “Hold” and an average target price of $5.88.
Get AEGON alerts: The stock has a market cap of $9.26 billion, a PE ratio of 5.46 and a beta of 1.08.
Hedge funds have recently modified their holdings of the stock. Fox Run Management L.L.C. acquired a new position in AEGON during the 3rd quarter worth approximately $101,000. Regal Investment Advisors LLC acquired a new position in AEGON during the 3rd quarter worth approximately $101,000. Wade G W & Inc. acquired a new position in AEGON during the 3rd quarter worth approximately $102,000. Stevens Capital Management LP acquired a new position in AEGON during the 3rd quarter worth approximately $108,000. Finally, Verition Fund Management LLC acquired a new position in AEGON during the 2nd quarter worth approximately $146,000. Hedge funds and other institutional investors own 8.44% of the company’s stock.
WARNING: “AEGON (AEG) Shares Gap Down to $4.61” was reported the sole property of of accessing this article on another website, it was illegally stolen US and international trademark and copyright laws. The original version of this article can be viewed at https://theolympiareport.com/2018/12/29/aegon-aeg-shares-gap-down-to-4-61.html. AEGON Company Profile ( NYSE:AEG )
Aegon N.V. provides life insurance, pensions, and asset management services. It offers life and protection products, such as traditional and universal life insurance products, as well as employer, endowment, term, and whole life insurance products; and supplemental health, accidental death and dismemberment insurance, critical illness, cancer treatment, credit/disability, income protection, travel, and long-term care insurance products.
Read More: The Role of a Fiduciary and Individual Investors
