Aegon (NYSE:AEG) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Aegon Ltd. (NYSE:AEG)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.21 and traded as high as $6.41. Aegon shares last traded at $6.36, with a volume of 5,580,615 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded Aegon from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 22nd.

Aegon Trading Up 0.9 %

The stock’s fifty day moving average is $6.16 and its two-hundred day moving average is $6.21.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in Aegon during the third quarter worth approximately $48,000. Advisory Alpha LLC acquired a new position in shares of Aegon during the 2nd quarter worth approximately $68,000. Wolverine Trading LLC bought a new stake in Aegon in the 3rd quarter valued at $76,000. Kovitz Investment Group Partners LLC acquired a new stake in Aegon during the 3rd quarter valued at $85,000. Finally, Captrust Financial Advisors lifted its holdings in Aegon by 22.7% during the 3rd quarter. Captrust Financial Advisors now owns 15,083 shares of the financial services provider’s stock valued at $96,000 after purchasing an additional 2,795 shares during the last quarter. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Aegon Company Profile

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.