Aegon (NYSE:AEG) Shares Cross Above 200 Day Moving Average – Time to Sell?

Aegon Ltd. (NYSE:AEG)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.21 and traded as high as $6.41. Aegon shares last traded at $6.36, with a volume of 5,580,615 shares changing hands.

Analyst Upgrades and Downgrades

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

Aegon Trading Up 0.9 %

The firm has a fifty day moving average of $6.16 and a two-hundred day moving average of $6.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Crossmark Global Holdings Inc. raised its holdings in Aegon by 1.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 123,947 shares of the financial services provider’s stock valued at $792,000 after buying an additional 1,870 shares during the last quarter. Townsquare Capital LLC raised its stake in shares of Aegon by 2.3% during the third quarter. Townsquare Capital LLC now owns 88,911 shares of the financial services provider’s stock valued at $568,000 after acquiring an additional 1,976 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Aegon by 19.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,205 shares of the financial services provider’s stock worth $97,000 after purchasing an additional 2,440 shares during the period. QRG Capital Management Inc. grew its stake in shares of Aegon by 3.3% in the third quarter. QRG Capital Management Inc. now owns 83,223 shares of the financial services provider’s stock worth $532,000 after purchasing an additional 2,676 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in Aegon by 22.7% during the 3rd quarter. Captrust Financial Advisors now owns 15,083 shares of the financial services provider’s stock valued at $96,000 after purchasing an additional 2,795 shares during the period. Institutional investors own 4.32% of the company’s stock.

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.