SVB Wealth LLC Takes Position in Aegon Ltd. (NYSE:AEG)

SVB Wealth LLC bought a new position in shares of Aegon Ltd. (NYSE:AEG) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,286 shares of the financial services provider’s stock, valued at approximately $62,000.

A number of other institutional investors have also recently added to or reduced their stakes in AEG. M&T Bank Corp acquired a new position in shares of Aegon during the fourth quarter worth $60,000. Certuity LLC bought a new position in Aegon during the 4th quarter worth $62,000. Perigon Wealth Management LLC acquired a new position in Aegon during the 1st quarter worth about $64,000. Optas LLC bought a new stake in shares of Aegon in the 4th quarter valued at about $65,000. Finally, Choreo LLC acquired a new stake in shares of Aegon in the first quarter valued at about $65,000. 4.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

AEG has been the topic of a number of recent analyst reports. StockNews.com lowered Aegon from a “buy” rating to a “hold” rating in a research note on Monday, May 13th. UBS Group downgraded shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 28th.

Aegon Stock Performance

Shares of NYSE AEG opened at $6.45 on Thursday. Aegon Ltd. has a 52-week low of $4.63 and a 52-week high of $6.96. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.08. The company’s 50 day moving average price is $6.33 and its 200-day moving average price is $6.13.

About Aegon

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.