Dodge & Cox Bought New Holding in AEGON (AEG)

Dodge & Cox Bought New Holding in AEGON (AEG)

Dodge & Cox purchased a new position in shares of AEGON (NYSE:AEG) during the fourth quarter, according to its most recent disclosure with the SEC. The fund purchased 108,581,654 shares of the company’s stock, valued at approximately $600,457,000. Dodge & Cox owned about 0.05% of AEGON as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Highland Capital Management LLC increased its stake in AEGON by 1.2% in the third quarter. Highland Capital Management LLC now owns 83,128 shares of the company’s stock worth $321,000 after buying an additional 1,000 shares during the period. Genesee Valley Trust Co. increased its stake in AEGON by 3.9% in the third quarter. Genesee Valley Trust Co. now owns 61,612 shares of the company’s stock worth $238,000 after buying an additional 2,292 shares during the period. Telemus Capital LLC increased its stake in AEGON by 5.7% in the third quarter. Telemus Capital LLC now owns 46,888 shares of the company’s stock worth $181,000 after buying an additional 2,515 shares during the period. Timber Hill LLC increased its stake in AEGON by 7.7% in the third quarter. Timber Hill LLC now owns 37,652 shares of the company’s stock worth $145,000 after buying an additional 2,700 shares during the period. Finally, Wetherby Asset Management Inc. increased its stake in AEGON by 12.7% in the fourth quarter. Wetherby Asset Management Inc. now owns 30,306 shares of the company’s stock worth $168,000 after buying an additional 3,409 shares during the period. Hedge funds and other institutional investors own 9.46% of the company’s stock.

Shares of AEGON (NYSE:AEG) opened at 5.815 on Tuesday. The stock has a market capitalization of $11.90 billion, a P/E ratio of 24.850 and a beta of 1.51. The firm’s 50-day moving average price is $5.56 and its 200-day moving average price is $4.96. AEGON has a 52-week low of $3.36 and a 52-week high of $6.09.

The business also recently declared a semiannual dividend, which will be paid on Friday, June 23rd. Stockholders of record on Wednesday, May 24th will be given a dividend of $0.1379 per share. This represents a dividend yield of 5.03%. The ex-dividend date of this dividend is Tuesday, May 23rd. AEGON’s payout ratio is 89.29%.

A number of analysts recently weighed in on the company. Zacks Investment Research downgraded AEGON from a “buy” rating to a “hold” rating in a research note on Monday, December 12th. ING Group restated a “hold” rating on shares of AEGON in a research note on Thursday, December 1st. TheStreet upgraded AEGON from a “sell” rating to a “hold” rating in a research note on Monday, November 21st. Barclays PLC upgraded AEGON from an “underweight” rating to an “equal weight” rating in a research note on Monday, December 12th. Finally, Societe Generale upgraded AEGON from a “hold” rating to a “buy” rating in a research note on Wednesday, January 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $5.38.

AEGON Company Profile

AEGON N.V. is a life insurance, pensions and asset management company. The Company’s segments include Americas, Europe, Asia, Asset Management, and Holding and other activities. The Americas segment covers business units in the United States, Brazil and Mexico, including any of the units’ activities located outside these countries.

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