Investing in Aegon N.V. (AEG): What You Must Know

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Meanwhile, Societe Generale upgraded its Aegon N.V. [AEG] rating to a Buy from a a Hold in a research note published on Tuesday. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in early July from “a Neutral” to “an Underperform”. BofA Securities also remained covering AEG and has increased its forecast on January 19, 2022 with a “Neutral” recommendation from previously “an Underperform” rating. UBS revised its rating on December 02, 2021. It rated AEG as “a Neutral” which previously was an “a Sell”.

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Price Performance Review of AEG

On Tuesday, Aegon N.V. [NYSE:AEG] saw its stock jump 1.12% to $5.43. On the same session, the stock had its day’s lowest price of $5.38, but rose to a high of $5.45. Over the last five days, the stock has gained 0.56%. Aegon N.V. shares have risen nearly 7.74% since the year began. Nevertheless, the stocks have fallen -2.86% over the past one year. While a 52-week high of $6.22 was reached on 01/13/23, a 52-week low of $3.76 was recorded on 01/05/23. SMA at 50 days reached $5.02, while 200 days put it at $4.76.

Levels Of Support And Resistance For AEG Stock

The 24-hour chart illustrates a support level at 5.39, which if violated will result in even more drops to 5.35. On the upside, there is a resistance level at 5.46. A further resistance level may holdings at 5.49. The Relative Strength Index (RSI) on the 14-day chart is 62.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.37%. Stochastics %K at 74.07% indicates the stock is a holding.

How much short interest is there in Aegon N.V.?

A steep rise in short interest was recorded in Aegon N.V. stocks on Oct 13, 2022, growing by 50000.0 shares to a total of 2.18 million shares. Yahoo Finance data shows the prior-month short interest on Sep 14, 2022 was 2.13 million shares. There was a rise of 2.29%, which implies that there is a positive sentiment for the stock.

Aegon N.V. [AEG] – Who Are The Largest Shareholders?

In filings from Dodge & Cox, it is revealed that the company now owns 128,828,797 shares, or roughly 6.11% of the outstanding AEG shares. In other words, the investor’s shares have risen by 1,091,805 from its previous 13-F filing of 127736992.0. Additionally, Wellington Management Co. LLP decreased -25.74% of its stake after which the total value it holdings stand at $81,179,608, while Aperio Group LLC added 10.54% of its stake to hold $26.78 million in the firm. Over the last quarter, Private Management Group, Inc. sold -16,084 shares of Aegon N.V., while Arrowstreet Capital LP sold 3,190,248 shares. At present, Parametric Portfolio Associates L is holding 4,993,573 shares valued at $25.17 million. Raymond James & Associates, Inc. owned 4,353,473 shares of the company at the time of its most recent 13F filing, worth $21.94 million.

According to FactSet, Aegon N.V.’s share price will average $5.78 in the next year, based on opinions of analysts polled by the firm. This is up nearly 6.52 percent from its previous closing price of $5.37. Analysts expect Aegon N.V. stock to reach the higher price of $7.28, while the lowest price estimate is $3.78. However, 16 analysts have rated AEG stock as an Overweight in their predictions for 2023.


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