Crossmark Global Holdings Inc. Raises Stock Holdings in Aegon Ltd. (NYSE:AEG)

Crossmark Global Holdings Inc. grew its holdings in Aegon Ltd. (NYSE:AEG) by 1.5% in the third quarter, Holdings Channel reports. The institutional investor owned 123,947 shares of the financial services provider’s stock after acquiring an additional 1,870 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Aegon were worth $792,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. EverSource Wealth Advisors LLC grew its stake in Aegon by 240.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,114 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 2,905 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in Aegon during the second quarter valued at $30,000. GAMMA Investing LLC grew its position in shares of Aegon by 79.5% in the second quarter. GAMMA Investing LLC now owns 5,094 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 2,256 shares during the period. CWM LLC grew its position in shares of Aegon by 83.6% in the second quarter. CWM LLC now owns 5,725 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 2,606 shares during the period. Finally, Verus Capital Partners LLC purchased a new stake in shares of Aegon during the second quarter worth about $61,000. 4.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Aegon Stock Performance

NYSE AEG opened at $6.34 on Friday. The business has a fifty day moving average price of $6.28 and a 200 day moving average price of $6.30. The company has a market cap of $13.97 billion, a P/E ratio of 7.09 and a beta of 1.07. Aegon Ltd. has a one year low of $5.15 and a one year high of $6.96.

Aegon Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 5th were given a $0.1723 dividend. This represents a dividend yield of 4.9%. The ex-dividend date was Thursday, September 5th. Aegon’s dividend payout ratio (DPR) is 33.33%.

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.