Truist Financial Corp Sells 26,147 Shares of Aegon Ltd. (NYSE:AEG)

Truist Financial Corp reduced its holdings in shares of Aegon Ltd. (NYSE:AEG) by 59.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,725 shares of the financial services provider’s stock after selling 26,147 shares during the period. Truist Financial Corp’s holdings in Aegon were worth $109,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its holdings in Aegon by 240.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 2,905 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of Aegon in the second quarter worth approximately $30,000. GAMMA Investing LLC increased its stake in shares of Aegon by 79.5% in the second quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock worth $31,000 after buying an additional 2,256 shares during the period. CWM LLC raised its holdings in Aegon by 83.6% during the 2nd quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after buying an additional 2,606 shares during the last quarter. Finally, Verus Capital Partners LLC purchased a new stake in Aegon during the 2nd quarter valued at $61,000. 4.32% of the stock is owned by hedge funds and other institutional investors.

Aegon Trading Up 1.1 %

AEG stock opened at $6.43 on Monday. The stock has a market capitalization of $14.17 billion, a price-to-earnings ratio of 7.07 and a beta of 1.07. The firm’s 50-day moving average price is $6.18 and its two-hundred day moving average price is $6.26. Aegon Ltd. has a 12-month low of $4.63 and a 12-month high of $6.96.

Aegon Cuts Dividend

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

Aegon Company 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.