Fmr LLC Raises Stake in Aegon Ltd. (NYSE:AEG)

Fmr LLC boosted its position in Aegon Ltd. (NYSE:AEG) by 65.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 241,399 shares of the financial services provider’s stock after purchasing an additional 95,718 shares during the period. Fmr LLC’s holdings in Aegon were worth $1,543,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of Aegon in the second quarter worth approximately $30,000. CWM LLC grew its holdings in shares of Aegon by 83.6% in the second quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 2,606 shares during the last quarter. Verus Capital Partners LLC bought a new position in shares of Aegon in the second quarter worth approximately $61,000. Advisory Alpha LLC bought a new position in shares of Aegon in the second quarter worth approximately $68,000. Finally, Rothschild Investment LLC bought a new position in shares of Aegon in the second quarter worth approximately $71,000. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Analysts Set New Price Targets

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

Aegon Stock Performance

Shares of Aegon stock opened at $6.31 on Monday. The company’s 50 day moving average price is $6.37 and its 200-day moving average price is $6.27. Aegon Ltd. has a 52-week low of $5.53 and a 52-week high of $6.96. The stock has a market capitalization of $13.91 billion, a price-to-earnings ratio of 7.01 and a beta of 1.06.

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.