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Aegon N.V. (NYSE: AEG) Shares Have Gain 7.10% Over The Past Month

Aegon N.V. (NYSE:AEG) has a beta value of 1.12 and has seen 0.94 million shares traded in the recent trading session. The company, currently valued at $11.26B, closed the recent trade at $5.41 per share which meant it lost -$0.02 on the day or -0.34% during that session. The AEG stock price is -14.97% off its 52-week high price of $6.22 and 30.5% above the 52-week low of $3.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.51 million shares traded. The 3-month trading volume is 2.04 million shares.

Aegon N.V. (NYSE:AEG) trade information

Sporting -0.34% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 01/24/23 when the AEG stock price touched $5.41 or saw a rise of 0.73%. Year-to-date, Aegon N.V. shares have moved 7.74%, while the 5-day performance has seen it change 0.56%. Over the past 30 days, the shares of Aegon N.V. (NYSE:AEG) have changed 7.10%. Short interest in the company has seen 2.18 million shares shorted with days to cover at 0.7.

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Wall Street analysts have a consensus price target for the stock at $5.78, which means that the shares’ value could jump 6.4% from the levels at last check today. The projected low price target is $3.78 while the price target rests at a high of $7.28. In that case, then, we find that the latest price level in today’s session is -34.57% off the targeted high while a plunge would see the stock lose 30.13% from the levels at last check today.

Aegon N.V. (AEG) estimates and forecasts

Figures show that Aegon N.V. shares have underperformed across the wider relevant industry. The company’s shares have gained 28.07% over the past 6 months, with this year growth rate of -104.50%, compared to 4.10% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -1,350.00% and -11.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be -1.90%.

1 analysts offering their estimates for the company have set an average revenue estimate of $6.89 billion for the current quarter. 1 have an estimated revenue figure of $6.77 billion for the next quarter concluding in Dec 2022.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 29.00% over the past 5 years. Earnings growth for 2023 is a modest -45.10% while over the next 5 years, the company’s earnings are expected to decrease by -2.50%.

AEG Dividends

Aegon N.V. is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.21 at a share yield of 3.79%. The company’s dividend yield has gone up over the past 12 months.

Aegon N.V. (NYSE:AEG)’s Major holders

Insiders own 0.00% of the company shares, while shares held by institutions stand at 9.96% with a share float percentage of 9.96%. Investors are also buoyed by the number of investors in a company, with Aegon N.V. having a total of 232 institutions that hold shares in the company. The top two institutional holders are Dodge & Cox Inc with over 127.74 million shares worth more than $559.49 million. As of Jun 29, 2022, Dodge & Cox Inc held 6.06% of shares outstanding.

The other major institutional holder is Wellington Management Group, LLP, with the holding of over 21.69 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $95.0 million and represent 1.03% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Stock Fund and Dodge & Cox Balanced Fund. As of Sep 29, 2022, the former fund manager holds about 4.66% shares in the company for having 98.31 million shares of worth $389.3 million while later fund manager owns 8.6 million shares of worth $34.06 million as of Sep 29, 2022, which makes it owner of about 0.41% of company’s outstanding stock.

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