Point72 Asset Management L.P. Buys Shares of 91,100 Aegon Ltd. (NYSE:AEG)

Point72 Asset Management L.P. bought a new position in shares of Aegon Ltd. (NYSE:AEG) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 91,100 shares of the financial services provider’s stock, valued at approximately $558,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in Aegon by 240.3% during the first quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 2,905 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in shares of Aegon in the 2nd quarter valued at $30,000. GAMMA Investing LLC increased its position in shares of Aegon by 79.5% in the 2nd quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock valued at $31,000 after buying an additional 2,256 shares in the last quarter. CWM LLC raised its stake in Aegon by 83.6% during the 2nd quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock worth $35,000 after buying an additional 2,606 shares during the period. Finally, Verus Capital Partners LLC bought a new position in Aegon during the second quarter worth about $61,000. 4.32% of the stock is owned by institutional investors.

Aegon Stock Up 2.6 %

Shares of Aegon stock opened at $6.30 on Friday. The company has a market capitalization of $13.89 billion, a P/E ratio of 6.85 and a beta of 1.07. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.07 and a quick ratio of 0.08. The business has a 50-day moving average of $6.15 and a two-hundred day moving average of $6.23. Aegon Ltd. has a 1 year low of $4.63 and a 1 year high of $6.96.

Aegon Cuts Dividend

The business also recently announced 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. The ex-dividend date was Thursday, September 5th. This represents a yield of 4.9%. Aegon’s dividend payout ratio (DPR) is currently 32.61%.

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.