Hennion & Walsh Asset Management Inc. Buys 44,520 Shares of Aegon Ltd. (NYSE:AEG)

Hennion & Walsh Asset Management Inc. increased its stake in shares of Aegon Ltd. (NYSE:AEG) by 434.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,773 shares of the financial services provider’s stock after acquiring an additional 44,520 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Aegon were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP bought a new position in shares of Aegon in the fourth quarter worth approximately $25,961,000. Goldman Sachs Group Inc. grew its holdings in Aegon by 10.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 4,140,423 shares of the financial services provider’s stock worth $23,849,000 after acquiring an additional 389,582 shares during the last quarter. Brandes Investment Partners LP increased its position in shares of Aegon by 45.5% in the fourth quarter. Brandes Investment Partners LP now owns 1,922,545 shares of the financial services provider’s stock valued at $11,074,000 after acquiring an additional 601,003 shares during the period. Point72 Europe London LLP bought a new position in shares of Aegon during the fourth quarter valued at about $4,118,000. Finally, US Bancorp DE boosted its holdings in shares of Aegon by 3.5% during the fourth quarter. US Bancorp DE now owns 381,020 shares of the financial services provider’s stock worth $2,195,000 after purchasing an additional 12,841 shares during the period. 4.32% of the stock is owned by hedge funds and other institutional investors.

Aegon Stock Performance

Shares of NYSE AEG opened at $6.33 on Thursday. Aegon Ltd. has a 1 year low of $4.63 and a 1 year high of $6.96. The company’s 50-day moving average is $6.42 and its 200 day moving average is $6.05. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.48.

Wall Street Analyst Weigh In

A number of research firms have commented on AEG. StockNews.com lowered Aegon from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. UBS Group lowered Aegon from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 28th.

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.