Charles Schwab Investment Management Inc. Cuts Stake in Aegon Ltd. (NYSE:AEG)

Charles Schwab Investment Management Inc. lessened its position in Aegon Ltd. (NYSE:AEG) by 4.4% in the 3rd quarter, Holdings Channel reports. The fund owned 106,946 shares of the financial services provider’s stock after selling 4,910 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Aegon were worth $683,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. raised its holdings in Aegon by 1.5% during the third quarter. Crossmark Global Holdings Inc. now owns 123,947 shares of the financial services provider’s stock worth $792,000 after purchasing an additional 1,870 shares in the last quarter. QRG Capital Management Inc. raised its stake in shares of Aegon by 3.3% during the 3rd quarter. QRG Capital Management Inc. now owns 83,223 shares of the financial services provider’s stock worth $532,000 after buying an additional 2,676 shares in the last quarter. Optas LLC lifted its holdings in shares of Aegon by 104.7% in the 3rd quarter. Optas LLC now owns 22,908 shares of the financial services provider’s stock valued at $146,000 after buying an additional 11,719 shares during the period. Diversify Wealth Management LLC boosted its stake in shares of Aegon by 6.4% in the third quarter. Diversify Wealth Management LLC now owns 91,136 shares of the financial services provider’s stock valued at $583,000 after buying an additional 5,472 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Aegon in the third quarter valued at approximately $169,000. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Analyst Upgrades and Downgrades

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

Aegon Trading Down 2.6 %

AEG stock opened at $5.68 on Thursday. The company’s 50-day moving average price is $6.34 and its 200 day moving average price is $6.26. Aegon Ltd. has a 52 week low of $5.53 and a 52 week high of $6.96. The company has a market cap of $12.52 billion, a P/E ratio of 6.31 and a beta of 1.06.

Aegon 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.