Aegon Ltd. (NYSE:AEG) Short Interest Update

Aegon Ltd. (NYSE:AEGGet Free Report) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 2,500,000 shares, a growth of 14.7% from the May 15th total of 2,180,000 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,390,000 shares, the days-to-cover ratio is presently 1.0 days.

Aegon Price Performance

AEG opened at $6.16 on Tuesday. The company has a fifty day moving average price of $6.36 and a 200-day moving average price of $6.00. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.08. Aegon has a one year low of $4.63 and a one year high of $6.96.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. StockNews.com lowered shares of Aegon from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. UBS Group lowered shares of Aegon from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 28th.

Get Our Latest Stock Analysis on AEG

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brandes Investment Partners LP grew its position in Aegon by 45.5% in the fourth quarter. Brandes Investment Partners LP now owns 1,922,545 shares of the financial services provider’s stock worth $11,074,000 after acquiring an additional 601,003 shares in the last quarter. Dimensional Fund Advisors LP purchased a new stake in Aegon during the fourth quarter valued at about $25,961,000. Advisor Resource Council purchased a new stake in Aegon during the fourth quarter valued at about $69,000. Point72 Europe London LLP purchased a new stake in Aegon during the fourth quarter valued at about $4,118,000. Finally, QRG Capital Management Inc. purchased a new stake in Aegon during the fourth quarter valued at about $480,000. 4.32% of the stock is currently owned by hedge funds and other institutional investors.

Aegon Company Profile

(Get Free Report)

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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