Aegon (NYSE:AEG) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Aegon Ltd. (NYSE:AEG) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.21 and traded as high as $6.41. Aegon shares last traded at $6.36, with a volume of 5,580,615 shares trading hands.

Wall Street Analyst Weigh In

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

Aegon Price Performance

The firm’s 50-day moving average is $6.16 and its 200 day moving average is $6.21.

Institutional Trading of Aegon

Institutional investors have recently modified their holdings of the company. Crossmark Global Holdings Inc. raised its position in Aegon by 1.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 126,041 shares of the financial services provider’s stock valued at $742,000 after buying an additional 2,094 shares during the last quarter. Diversify Wealth Management LLC grew its stake in shares of Aegon by 19.8% during the 4th quarter. Diversify Wealth Management LLC now owns 109,220 shares of the financial services provider’s stock worth $649,000 after acquiring an additional 18,084 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Aegon by 51.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 202,259 shares of the financial services provider’s stock valued at $1,191,000 after purchasing an additional 68,310 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Aegon in the third quarter worth $48,000. Finally, Sanctuary Advisors LLC acquired a new position in Aegon during the third quarter worth $114,000. 4.32% of the stock is currently owned by institutional investors.

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.