JPMorgan Chase & Co. Reduces Stock Holdings in Aegon Ltd. (NYSE:AEG)

JPMorgan Chase & Co. lessened its holdings in Aegon Ltd. (NYSE:AEG) by 72.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,893 shares of the financial services provider’s stock after selling 107,182 shares during the period. JPMorgan Chase & Co.’s holdings in Aegon were worth $261,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wellington Management Group LLP lifted its stake in Aegon by 21.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,484,791 shares of the financial services provider’s stock valued at $28,658,000 after buying an additional 780,339 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Aegon by 41,167.2% in the third quarter. BNP Paribas Financial Markets now owns 197,670 shares of the financial services provider’s stock valued at $1,263,000 after acquiring an additional 197,191 shares in the last quarter. Raymond James & Associates boosted its stake in shares of Aegon by 5.7% during the third quarter. Raymond James & Associates now owns 2,517,071 shares of the financial services provider’s stock valued at $16,084,000 after acquiring an additional 136,208 shares during the last quarter. HighTower Advisors LLC increased its position in Aegon by 48.1% during the 3rd quarter. HighTower Advisors LLC now owns 302,262 shares of the financial services provider’s stock worth $1,929,000 after purchasing an additional 98,178 shares in the last quarter. Finally, FMR LLC increased its position in Aegon by 65.7% during the 3rd quarter. FMR LLC now owns 241,399 shares of the financial services provider’s stock worth $1,543,000 after purchasing an additional 95,718 shares in the last quarter. 4.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Aegon Stock Down 1.0 %

NYSE AEG opened at $6.49 on Friday. The company has a 50-day moving average of $6.19 and a 200-day moving average of $6.22. Aegon Ltd. has a 12 month low of $5.53 and a 12 month high of $6.96.

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.