Aegon Ltd. (NYSE:AEG) Short Interest Update

Aegon Ltd. (NYSE:AEGGet Free Report) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 3,290,000 shares, a growth of 29.5% from the April 15th total of 2,540,000 shares. Based on an average daily trading volume, of 2,460,000 shares, the short-interest ratio is presently 1.3 days. Approximately 0.2% of the company’s stock are sold short.

Aegon Trading Up 0.9 %

Shares of Aegon stock traded up $0.06 during trading on Wednesday, hitting $6.77. 2,692,679 shares of the stock were exchanged, compared to its average volume of 2,320,045. Aegon has a 12-month low of $4.31 and a 12-month high of $6.78. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.08 and a quick ratio of 0.08. The firm’s 50-day moving average price is $6.10 and its 200 day moving average price is $5.78.

Aegon Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, July 8th. Shareholders of record on Monday, June 17th will be paid a $0.1734 dividend. This is a positive change from Aegon’s previous semi-annual dividend of $0.15. This represents a yield of 4.9%. The ex-dividend date is Monday, June 17th.

Institutional Investors Weigh In On Aegon

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Allworth Financial LP boosted its holdings in shares of Aegon by 144.8% in the third quarter. Allworth Financial LP now owns 8,201 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 4,851 shares during the period. Axxcess Wealth Management LLC purchased a new stake in Aegon during the 3rd quarter valued at approximately $58,000. M&T Bank Corp purchased a new position in shares of Aegon in the 4th quarter valued at approximately $60,000. Certuity LLC purchased a new stake in shares of Aegon during the fourth quarter worth approximately $62,000. Finally, Perigon Wealth Management LLC purchased a new position in Aegon in the 1st quarter valued at $64,000. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, cut Aegon from a “buy” rating to a “hold” rating in a research note on Monday.

View Our Latest Research Report on AEG

About Aegon

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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.

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