Aegon (NYSE:AEG) Shares Gap Down to $6.44

Aegon Ltd. (NYSE:AEG) shares gapped down before the market opened on Thursday . The stock had previously closed at $6.44, but opened at $5.97. Aegon shares last traded at $5.98, with a volume of 371,638 shares changing hands.

Wall Street Analysts Forecast Growth

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

Aegon Price Performance

The business’s fifty day moving average price is $6.24 and its 200-day moving average price is $6.16. The company has a market capitalization of $13.12 billion, a P/E ratio of 6.43 and a beta of 1.11. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.48.

Institutional Investors Weigh In On Aegon

Large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in shares of Aegon by 240.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock valued at $25,000 after buying an additional 2,905 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of Aegon in the 2nd quarter worth approximately $30,000. GAMMA Investing LLC boosted its stake in shares of Aegon by 79.5% in the 2nd quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 2,256 shares in the last quarter. CWM LLC grew its holdings in shares of Aegon by 83.6% during the 2nd quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 2,606 shares during the last quarter. Finally, M&T Bank Corp bought a new position in shares of Aegon during the 4th quarter valued at $60,000. Hedge funds and other institutional investors own 4.32% of the company’s stock.

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.