AEGON (NYSE:AEG) Stock Crosses Above 50 Day Moving Average of $4.83

AEGON (NYSE:AEG)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $4.83 and traded as high as $5.15. AEGON shares last traded at $5.12, with a volume of 47,375 shares trading hands.

Several equities analysts recently commented on the stock. ING Group raised shares of AEGON from a “hold” rating to a “buy” rating in a research note on Tuesday, May 21st. Zacks Investment Research downgraded shares of EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Keefe, Bruyette & Woods raised shares of AEGON from an “underperform” rating to a “market perform” rating in a research note on Tuesday, May 28th. CL King raised shares of AEGON from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 21st. Finally, Citigroup raised shares of Neste Oyj from a “neutral” rating to a “buy” rating in a research note on Monday, June 10th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $5.38.

The firm’s 50 day simple moving average is $4.87. The firm has a market capitalization of $13.70 billion, a PE ratio of 5.64 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.09 and a current ratio of 0.09.

Several hedge funds have recently added to or reduced their stakes in AEG. LPL Financial LLC raised its stake in shares of AEGON by 5.9% during the fourth quarter. LPL Financial LLC now owns 105,862 shares of the financial services provider’s stock valued at $492,000 after acquiring an additional 5,889 shares during the last quarter. Northern Trust Corp raised its stake in shares of AEGON by 5.4% during the fourth quarter. Northern Trust Corp now owns 2,085,678 shares of the financial services provider’s stock valued at $9,699,000 after acquiring an additional 106,137 shares during the last quarter. Two Sigma Securities LLC raised its stake in shares of AEGON by 29.7% during the fourth quarter. Two Sigma Securities LLC now owns 33,395 shares of the financial services provider’s stock valued at $155,000 after acquiring an additional 7,639 shares during the last quarter. Jane Street Group LLC raised its stake in shares of AEGON by 1,372.1% during the fourth quarter. Jane Street Group LLC now owns 589,725 shares of the financial services provider’s stock valued at $2,742,000 after acquiring an additional 549,666 shares during the last quarter. Finally, Cetera Investment Advisers bought a new position in AEGON during the fourth quarter worth $49,000. 6.07% of the stock is owned by hedge funds and other institutional investors.

About AEGON (NYSE:AEG)

Aegon N.V. provides insurance, pensions, and asset management services worldwide. It offers life, accident, and health insurance; property and casualty insurance; home and car insurance; individual investment accounts; annuities; retirement plan services; stable value solutions; retail and institutional investment management solutions; savings products; group pensions; mortgage loans; and bank accounts.

Recommended Story: Leveraged Buyout (LBO) Explained

Receive News & Ratings for AEGON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AEGON and related companies with MarketBeat.com's FREE daily email newsletter.