Aegon Ltd. (NYSE:AEG) Short Interest Update

Aegon Ltd. (NYSE:AEG) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,240,000 shares, an increase of 63.1% from the October 15th total of 2,600,000 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 2,810,000 shares, the days-to-cover ratio is currently 1.5 days.

Analyst Ratings Changes

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

Aegon Stock Down 1.4 %

Shares of AEG stock opened at $6.34 on Thursday. The business’s 50 day moving average is $6.27 and its two-hundred day moving average is $6.30. The company has a market cap of $13.98 billion, a PE ratio of 7.04 and a beta of 1.07. Aegon has a 12 month low of $5.15 and a 12 month high of $6.96.

Aegon Cuts Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were issued a dividend of $0.1723 per share. This represents a yield of 4.9%. The ex-dividend date of this dividend was Thursday, September 5th. Aegon’s dividend payout ratio (DPR) is 33.33%.

Hedge Funds Weigh In On Aegon

A number of institutional investors have recently made changes to their positions in AEG. Townsquare Capital LLC increased its position in Aegon by 2.3% in the 3rd quarter. Townsquare Capital LLC now owns 88,911 shares of the financial services provider’s stock worth $568,000 after buying an additional 1,976 shares during the period. BNP Paribas Financial Markets increased its position in Aegon by 41,167.2% during the third quarter. BNP Paribas Financial Markets now owns 197,670 shares of the financial services provider’s stock worth $1,263,000 after acquiring an additional 197,191 shares during the period. FMR LLC raised its stake in Aegon by 65.7% during the 3rd quarter. FMR LLC now owns 241,399 shares of the financial services provider’s stock valued at $1,543,000 after purchasing an additional 95,718 shares during the last quarter. Quantbot Technologies LP boosted its holdings in Aegon by 6.9% in the 3rd quarter. Quantbot Technologies LP now owns 114,476 shares of the financial services provider’s stock valued at $732,000 after purchasing an additional 7,392 shares during the period. Finally, Cerity Partners LLC grew its position in Aegon by 49.3% in the 3rd quarter. Cerity Partners LLC now owns 149,032 shares of the financial services provider’s stock worth $952,000 after purchasing an additional 49,182 shares during the last quarter. 4.32% of the stock is currently owned by institutional investors.

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.