Diversify Wealth Management LLC Has $583,000 Stock Holdings in Aegon Ltd. (NYSE:AEG)

Diversify Wealth Management LLC grew its holdings in Aegon Ltd. (NYSE:AEG) by 6.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 91,136 shares of the financial services provider’s stock after acquiring an additional 5,472 shares during the period. Diversify Wealth Management LLC’s holdings in Aegon were worth $583,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Hennion & Walsh Asset Management Inc. increased its position in Aegon by 434.2% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 54,773 shares of the financial services provider’s stock worth $331,000 after buying an additional 44,520 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Aegon by 10.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 21,781 shares of the financial services provider’s stock valued at $132,000 after acquiring an additional 2,002 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in Aegon in the 1st quarter worth approximately $1,600,000. Choreo LLC bought a new stake in Aegon during the first quarter worth approximately $65,000. Finally, Central Pacific Bank Trust Division acquired a new position in Aegon during the first quarter valued at approximately $243,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

Analyst Upgrades and Downgrades

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

Aegon Price Performance

AEG stock opened at $6.29 on Friday. The company has a 50-day moving average of $6.20 and a two-hundred day moving average of $6.27. The stock has a market capitalization of $13.86 billion, a price-to-earnings ratio of 6.91 and a beta of 1.07. Aegon Ltd. has a 52-week low of $4.79 and a 52-week high of $6.96.

Aegon Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were issued a $0.1723 dividend. This represents a yield of 4.9%. The ex-dividend date was Thursday, September 5th. Aegon’s dividend payout ratio (DPR) is currently 32.97%.

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.