28,459 Shares in Aegon Ltd. (NYSE:AEG) Bought by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC bought a new stake in Aegon Ltd. (NYSE:AEG) during the 2nd quarter, Holdings Channel.com reports. The fund bought 28,459 shares of the financial services provider’s stock, valued at approximately $174,000.

Several other hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in shares of Aegon by 240.3% during 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 in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in Aegon in the second quarter valued at about $30,000. GAMMA Investing LLC grew its stake in shares of Aegon by 79.5% during the second quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 2,256 shares during the last quarter. CWM LLC grew its stake in shares of Aegon by 83.6% during the second quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 2,606 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in shares of Aegon during the fourth quarter valued at about $60,000. 4.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Aegon Stock Performance

Aegon stock opened at $5.98 on Friday. The business’s 50-day simple moving average is $6.17 and its two-hundred day simple moving average is $6.19. The company has a current ratio of 0.07, a quick ratio of 0.08 and a debt-to-equity ratio of 0.52. Aegon Ltd. has a fifty-two week low of $4.63 and a fifty-two week high of $6.96.

Aegon Cuts Dividend

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

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.