Crossmark Global Holdings Inc. Increases Position in Aegon Ltd. (NYSE:AEG)

Crossmark Global Holdings Inc. increased its position in Aegon Ltd. (NYSE:AEG) by 1.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,947 shares of the financial services provider’s stock after acquiring an additional 1,870 shares during the period. Crossmark Global Holdings Inc.’s holdings in Aegon were worth $792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in shares of Aegon by 240.3% in the first quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 2,905 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in Aegon during the 2nd quarter valued at approximately $30,000. GAMMA Investing LLC lifted its stake in Aegon by 79.5% during the 2nd quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 2,256 shares during the period. CWM LLC boosted its holdings in shares of Aegon by 83.6% in the 2nd quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 2,606 shares during the last quarter. Finally, Verus Capital Partners LLC acquired a new stake in shares of Aegon in the second quarter worth $61,000. Institutional investors and hedge funds own 4.32% of the company’s stock.

Aegon Stock Performance

Shares of NYSE:AEG opened at $6.34 on Friday. Aegon Ltd. has a 12-month low of $5.15 and a 12-month high of $6.96. The business has a 50 day moving average of $6.28 and a two-hundred day moving average of $6.30. The company has a market capitalization of $13.97 billion, a PE ratio of 7.09 and a beta of 1.07.

Aegon Cuts Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 5th were issued a dividend of $0.1723 per share. This represents a yield of 4.9%. The ex-dividend date of this dividend was Thursday, September 5th. Aegon’s dividend payout ratio (DPR) is presently 33.33%.

Analysts Set New Price Targets

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

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.