PNC Financial Services Group Inc. Sells 388,515 Shares of Aegon Ltd. (NYSE:AEG)

PNC Financial Services Group Inc. lessened its position in shares of Aegon Ltd. (NYSE:AEG) by 64.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 211,078 shares of the financial services provider’s stock after selling 388,515 shares during the period. PNC Financial Services Group Inc.’s holdings in Aegon were worth $1,349,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in Aegon by 8.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,920,536 shares of the financial services provider’s stock worth $30,163,000 after purchasing an additional 394,114 shares during the last quarter. Dorsey Wright & Associates bought a new position in Aegon during the 2nd quarter worth $2,228,000. Employees Retirement System of Texas acquired a new stake in shares of Aegon during the second quarter worth $1,980,000. Raymond James & Associates boosted its position in shares of Aegon by 5.7% in the third quarter. Raymond James & Associates now owns 2,517,071 shares of the financial services provider’s stock valued at $16,084,000 after acquiring an additional 136,208 shares during the period. Finally, Choreo LLC grew its stake in shares of Aegon by 876.6% in the second quarter. Choreo LLC now owns 104,363 shares of the financial services provider’s stock valued at $653,000 after acquiring an additional 93,677 shares in the last quarter. 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 Trading Up 1.7 %

Shares of AEG stock opened at $6.30 on Thursday. Aegon Ltd. has a 1 year low of $5.36 and a 1 year high of $6.96. The stock has a 50 day simple moving average of $6.34 and a 200 day simple moving average of $6.30.

About Aegon

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.