AQR Capital Management LLC Purchases 17,926 Shares of Aegon Ltd. (NYSE:AEG)

AQR Capital Management LLC raised its stake in shares of Aegon Ltd. (NYSE:AEG) by 122.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,573 shares of the financial services provider’s stock after purchasing an additional 17,926 shares during the period. AQR Capital Management LLC’s holdings in Aegon were worth $200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in Aegon by 240.3% during the first quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 2,905 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in Aegon during the second quarter valued at approximately $30,000. GAMMA Investing LLC raised its position in Aegon by 79.5% during the second quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 2,256 shares during the period. CWM LLC raised its position in Aegon by 83.6% during the second quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 2,606 shares during the period. Finally, Verus Capital Partners LLC purchased a new stake in Aegon during the second quarter valued at approximately $61,000. 4.32% of the stock is currently owned by hedge funds and other institutional investors.

Aegon Price Performance

Shares of AEG stock opened at $6.43 on Friday. Aegon Ltd. has a 1 year low of $4.63 and a 1 year high of $6.96. The stock’s 50 day simple moving average is $6.18 and its two-hundred day simple moving average is $6.26. The company has a market cap of $14.16 billion, a PE ratio of 7.06 and a beta of 1.07.

Aegon Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 5th were issued a $0.1723 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a dividend yield of 4.9%. Aegon’s payout ratio is 32.97%.

Aegon Profile

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.