Aegon Ltd. (NYSE:AEG) Shares Sold by Creative Planning

Creative Planning decreased its stake in Aegon Ltd. (NYSE:AEG) by 10.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 335,335 shares of the financial services provider’s stock after selling 39,928 shares during the period. Creative Planning’s holdings in Aegon were worth $2,143,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Contravisory Investment Management Inc. acquired a new position in shares of Aegon in the 3rd quarter valued at $216,000. Cubist Systematic Strategies LLC lifted its stake in shares of Aegon by 17.1% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 66,583 shares of the financial services provider’s stock worth $408,000 after acquiring an additional 9,740 shares during the period. Advisory Alpha LLC acquired a new stake in shares of Aegon in the 2nd quarter worth $68,000. Point72 Asset Management L.P. acquired a new stake in shares of Aegon in the 2nd quarter worth $558,000. Finally, Dorsey Wright & Associates purchased a new position in shares of Aegon in the 2nd quarter valued at about $2,228,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Aegon Trading Down 1.4 %

NYSE:AEG opened at $6.35 on Monday. The firm has a 50-day moving average price of $6.20 and a two-hundred day moving average price of $6.26. Aegon Ltd. has a twelve month low of $4.69 and a twelve month high of $6.96. The company has a market capitalization of $14.00 billion, a P/E ratio of 6.98 and a beta of 1.07.

Aegon Cuts Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 5th were issued a dividend of $0.1723 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a dividend yield of 4.9%. Aegon’s dividend payout ratio (DPR) is presently 32.97%.

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.