Forum Financial Management LP Trims Stock Holdings in Aegon Ltd. (NYSE:AEG)

Forum Financial Management LP decreased its holdings in Aegon Ltd. (NYSE:AEG) by 14.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,632 shares of the financial services provider’s stock after selling 2,387 shares during the period. Forum Financial Management LP’s holdings in Aegon were worth $87,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in Aegon by 8.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,920,536 shares of the financial services provider’s stock worth $30,163,000 after acquiring an additional 394,114 shares in the last quarter. Dorsey Wright & Associates bought a new stake in Aegon during the 2nd quarter valued at $2,228,000. Employees Retirement System of Texas bought a new position in shares of Aegon during the 2nd quarter worth $1,980,000. BNP Paribas Financial Markets purchased a new stake in Aegon in the first quarter worth about $1,600,000. Finally, Raymond James & Associates grew its holdings in Aegon by 5.7% during the 3rd quarter. Raymond James & Associates now owns 2,517,071 shares of the financial services provider’s stock worth $16,084,000 after acquiring an additional 136,208 shares in the last quarter. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Analyst Upgrades and Downgrades

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

Aegon Stock Up 1.1 %

Shares of NYSE AEG opened at $6.42 on Wednesday. Aegon Ltd. has a 12-month low of $4.93 and a 12-month high of $6.96. The stock’s fifty day simple moving average is $6.22 and its two-hundred day simple moving average is $6.29.

Aegon Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were paid a $0.1723 dividend. The ex-dividend date was Thursday, September 5th. This represents a yield of 4.9%.

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.