Caprock Group LLC Has $316,000 Stake in Aegon Ltd. (NYSE:AEG)

Caprock Group LLC grew its stake in shares of Aegon Ltd. (NYSE:AEG) by 114.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 51,012 shares of the financial services provider’s stock after buying an additional 27,216 shares during the quarter. Caprock Group LLC’s holdings in Aegon were worth $316,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. First Hawaiian Bank purchased a new stake in shares of Aegon during the first quarter valued at approximately $929,000. Brandes Investment Partners LP lifted its position in Aegon by 45.5% in the fourth quarter. Brandes Investment Partners LP now owns 1,922,545 shares of the financial services provider’s stock valued at $11,074,000 after purchasing an additional 601,003 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Aegon by 10.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,140,423 shares of the financial services provider’s stock valued at $23,849,000 after purchasing an additional 389,582 shares during the period. Dimensional Fund Advisors LP bought a new position in shares of Aegon in the fourth quarter worth approximately $25,961,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of Aegon in the first quarter worth $1,600,000. 4.32% of the stock is owned by institutional investors and hedge funds.

Aegon Stock Performance

AEG opened at $5.93 on Friday. Aegon Ltd. has a one year low of $4.63 and a one year high of $6.96. The company has a quick ratio of 0.08, a current ratio of 0.07 and a debt-to-equity ratio of 0.52. The business has a 50 day simple moving average of $6.17 and a two-hundred day simple moving average of $6.18.

Aegon Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 5th will be paid a $0.1723 dividend. This represents a yield of 4.9%. The ex-dividend date of this dividend is Thursday, September 5th.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered shares of Aegon from a “buy” rating to a “neutral” rating in a report on Tuesday, May 28th.

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.