The stock of Aegon N.V. (NYSE:AEG) last traded at $5.32, up 1.72% from the previous session.
Data from the available sources indicates that Aegon N.V. (NYSE:AEG) is covered by 15 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $7.58 and a low of $3.94, we find $5.97. Given the previous closing price of $5.23, this indicates a potential upside of 14.15 percent. AEG stock price is now 7.05% away from the 50-day moving average and 9.86% away from the 200-day moving average. The market capitalization of the company currently stands at $11.41B.
In total, 6 analysts have assigned it a hold rating, and 5 have given it a buy rating. Brokers who have rated the stock have averaged $5.92 as their price target over the next twelve months.
A total of 10.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AEG stock. A new stake in Aegon N.V. shares was purchased by NEW YORK STATE COMMON RETIREMENT FUND during the first quarter worth $1,453,000. MARSHALL WACE, LLP invested $1,228,000 in shares of AEG during the first quarter. In the first quarter, JEFFERIES FINANCIAL GROUP INC. acquired a new stake in Aegon N.V. valued at approximately $665,000. WIPFLI FINANCIAL ADVISORS LLC, acquired a new stake in AEG for approximately $383,000. EXODUSPOINT CAPITAL MANAGEMENT, LP purchased a new stake in AEG valued at around $368,000 in the second quarter. In total, there are 251 active investors with 9.90% ownership of the company’s stock.
With an opening price of $5.28 on Thursday morning, Aegon N.V. (NYSE: AEG) set off the trading day. During the past 12 months, Aegon N.V. has had a low of $3.76 and a high of $5.68. The fifty day moving average price for AEG is $4.98 and a two-hundred day moving average price translates $4.85 for the stock.
The latest earnings results from Aegon N.V. (NYSE: AEG) was released for Dec, 2022. According to the Insurance – Diversified Company, earnings per share came in at $0.18, beating analysts’ expectations of $0.06 by 0.12. This compares to $0.23 EPS in the same period last year. The company reported revenue of $2.17 billion for the quarter, compared to $7.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -70.66 percent.
Moreover, the firm recently paid out its quarterly dividend on 09/21/2022. Investors who held shares on 08/24/2022 were paid a $0.109632 dividend. On an annualized basis, this represents a $0.34 dividend and a 6.30% percent yield. There was an ex-dividend date of 08/23/2022 for this dividend.
Aegon N.V.(AEG) Company Profile
Aegon N.V. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, and mutual funds; mortgage loans; and individual retirement accounts, as well as stable value, investment management, and digital banking solutions. It offers its products under the Aegon and Transamerica brands. The company was founded in 1844 and is headquartered in The Hague, the Netherlands.
