Wetherby Asset Management Inc. Sells 7,631 Shares of AEGON (NYSE:AEG)

Wetherby Asset Management Inc. lowered its position in shares of AEGON (NYSE:AEG) by 14.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,198 shares of the financial services provider’s stock after selling 7,631 shares during the quarter. Wetherby Asset Management Inc.’s holdings in AEGON were worth $187,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Lindbrook Capital LLC lifted its position in shares of AEGON by 117.4% during the 3rd quarter. Lindbrook Capital LLC now owns 8,260 shares of the financial services provider’s stock worth $34,000 after buying an additional 4,460 shares in the last quarter. FNY Investment Advisers LLC lifted its position in shares of AEGON by 170.3% during the 3rd quarter. FNY Investment Advisers LLC now owns 49,200 shares of the financial services provider’s stock worth $203,000 after buying an additional 31,000 shares in the last quarter. Wealth Architects LLC bought a new position in shares of AEGON during the 3rd quarter worth approximately $105,000. 180 Wealth Advisors LLC bought a new position in shares of AEGON during the 3rd quarter worth approximately $125,000. Finally, Ballentine Partners LLC lifted its position in shares of AEGON by 54.6% during the 3rd quarter. Ballentine Partners LLC now owns 23,937 shares of the financial services provider’s stock worth $99,000 after buying an additional 8,457 shares in the last quarter. 6.17% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:AEG traded down $0.01 during mid-day trading on Friday, reaching $4.62. The company had a trading volume of 1,210,412 shares, compared to its average volume of 1,666,234. The firm has a market cap of $12.25 billion, a price-to-earnings ratio of 5.13 and a beta of 1.32. The company’s 50-day moving average price is $4.27 and its 200-day moving average price is $4.55. AEGON has a one year low of $3.69 and a one year high of $6.28.

AEG has been the topic of a number of research reports. Keefe, Bruyette & Woods cut shares of AEGON from a “market perform” rating to an “underperform” rating in a report on Friday, October 11th. ValuEngine raised shares of AEGON from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Zacks Investment Research cut shares of AEGON from a “hold” rating to a “sell” rating in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. AEGON presently has an average rating of “Hold” and a consensus price target of $5.38.

AEGON Profile

Aegon N.V. provides insurance, pensions, and asset management services worldwide. It offers life, accident, and health insurance; property and casualty insurance; home and car insurance; individual investment accounts; annuities; retirement plan services; stable value solutions; retail and institutional investment management solutions; savings products; group pensions; mortgage loans; and bank accounts.

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Institutional Ownership by Quarter for AEGON (NYSE:AEG)

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