Aegon (NYSE:AEG) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Aegon Ltd. (NYSE:AEG) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 Analyst Weigh In

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

Aegon Stock Up 0.9 %

The firm’s 50 day moving average is $6.16 and its two-hundred day moving average is $6.21.

Hedge Funds Weigh In On Aegon

A number of hedge funds and other institutional investors have recently made changes to their positions in AEG. Crossmark Global Holdings Inc. lifted its holdings in Aegon by 1.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 126,041 shares of the financial services provider’s stock valued at $742,000 after buying an additional 2,094 shares during the period. Diversify Wealth Management LLC boosted its position in shares of Aegon by 19.8% during the 4th quarter. Diversify Wealth Management LLC now owns 109,220 shares of the financial services provider’s stock valued at $649,000 after purchasing an additional 18,084 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Aegon by 51.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 202,259 shares of the financial services provider’s stock worth $1,191,000 after purchasing an additional 68,310 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Aegon in the third quarter worth approximately $48,000. Finally, Sanctuary Advisors LLC acquired a new position in Aegon in the third quarter valued at approximately $114,000. 4.32% of the stock is owned by institutional investors and hedge funds.

About Aegon

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.