Aegon NV (AEG) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. lowered its stake in shares of Aegon NV (NYSE:AEG) by 6.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,603 shares of the financial services provider’s stock after selling 1,445 shares during the quarter. Pacer Advisors Inc.’s holdings in Aegon NV were worth $110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in AEG. Bank of Montreal Can increased its position in shares of Aegon NV by 2.0% during the first quarter. Bank of Montreal Can now owns 206,696 shares of the financial services provider’s stock valued at $1,060,000 after buying an additional 4,152 shares during the period. Wells Fargo & Company MN increased its position in shares of Aegon NV by 2.5% during the first quarter. Wells Fargo & Company MN now owns 3,062,884 shares of the financial services provider’s stock valued at $15,712,000 after buying an additional 75,244 shares during the period. Advisors Asset Management Inc. increased its position in shares of Aegon NV by 89.8% during the first quarter. Advisors Asset Management Inc. now owns 172,786 shares of the financial services provider’s stock valued at $886,000 after buying an additional 81,761 shares during the period. Sei Investments Co. increased its position in shares of Aegon NV by 0.9% during the first quarter. Sei Investments Co. now owns 693,498 shares of the financial services provider’s stock valued at $3,558,000 after buying an additional 6,441 shares during the period. Finally, 1st Global Advisors Inc. purchased a new position in shares of Aegon NV during the first quarter valued at about $366,000. Institutional investors own 10.56% of the company’s stock.

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Shares of Aegon NV (NYSE:AEG) opened at 5.79 on Tuesday. The firm has a 50-day moving average of $5.73 and a 200-day moving average of $5.33. Aegon NV has a one year low of $3.76 and a one year high of $6.06. The stock has a market cap of $11.84 billion, a PE ratio of 6.81 and a beta of 1.35.

Aegon NV (NYSE:AEG) last posted its earnings results on Thursday, August 10th. The financial services provider reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.13. The business had revenue of $9.24 billion for the quarter. Aegon NV had a net margin of 5.18% and a return on equity of 6.73%. On average, equities research analysts expect that Aegon NV will post $0.68 earnings per share for the current fiscal year.

The firm also recently announced a semiannual dividend, which was paid on Friday, September 15th. Shareholders of record on Monday, August 21st were given a dividend of $0.1522 per share. This is an increase from Aegon NV’s previous semiannual dividend of $0.12. The ex-dividend date was Thursday, August 17th. This represents a yield of 5.23%. Aegon NV’s dividend payout ratio (DPR) is 27.47%.

Several brokerages recently issued reports on AEG. Societe Generale cut shares of Aegon NV from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Sanford C. Bernstein began coverage on shares of Aegon NV in a research report on Thursday, September 14th. They set a “market perform” rating and a $4.60 price target on the stock. BidaskClub upgraded shares of Aegon NV from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research cut shares of Aegon NV from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Finally, TheStreet upgraded shares of Aegon NV from a “c+” rating to a “b” rating in a report on Friday, August 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $5.28.

Aegon NV Company Profile

Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.

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Institutional Ownership by Quarter for Aegon NV (NYSE:AEG)

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