Aegon Ltd. (NYSE:AEG) Short Interest Update

Aegon Ltd. (NYSE:AEG) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 6,890,000 shares, a growth of 41.5% from the November 30th total of 4,870,000 shares. Based on an average trading volume of 3,550,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.4% of the shares of the stock are sold short.

Aegon Stock Up 0.3 %

Aegon stock traded up $0.02 during trading hours on Monday, hitting $5.86. The stock had a trading volume of 4,329,352 shares, compared to its average volume of 2,629,243. The business’s 50 day simple moving average is $6.28 and its 200-day simple moving average is $6.23. Aegon has a one year low of $5.53 and a one year high of $6.96. The stock has a market cap of $12.92 billion, a price-to-earnings ratio of 6.51 and a beta of 1.06.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its position in shares of Aegon by 8.7% during the second quarter. Dimensional Fund Advisors LP now owns 4,920,536 shares of the financial services provider’s stock worth $30,163,000 after acquiring an additional 394,114 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of Aegon by 21.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,484,791 shares of the financial services provider’s stock worth $28,658,000 after purchasing an additional 780,339 shares during the period. Raymond James & Associates boosted its stake in shares of Aegon by 5.7% in the 3rd quarter. Raymond James & Associates now owns 2,517,071 shares of the financial services provider’s stock valued at $16,084,000 after purchasing an additional 136,208 shares during the last quarter. American Century Companies Inc. increased its position in shares of Aegon by 5.3% during the second quarter. American Century Companies Inc. now owns 814,739 shares of the financial services provider’s stock worth $4,994,000 after buying an additional 41,028 shares during the period. Finally, Sei Investments Co. raised its stake in Aegon by 15.7% during the second quarter. Sei Investments Co. now owns 578,652 shares of the financial services provider’s stock worth $3,547,000 after buying an additional 78,322 shares during the last quarter. 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 research report on Tuesday, October 22nd.

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.