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Aegon (NYSE:AEG) Stock Price Passes Above Two Hundred Day Moving Average - Time to Sell?


Aegon (NYSE:AEG) Stock Price Passes Above Two Hundred Day Moving Average   - Time to Sell?

Aegon Ltd. (NYSE:AEG - Get Free Report) 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 changing hands.

Separately, UBS Group upgraded shares of Aegon from a "neutral" rating to a "buy" rating in a research note on Tuesday, October 22nd.

Get Our Latest Stock Analysis on AEG

The business has a fifty day moving average price of $6.16 and a 200 day moving average price of $6.21.

Several hedge funds have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of Aegon during the 3rd quarter worth approximately $48,000. Advisory Alpha LLC acquired a new stake in Aegon during the 2nd quarter worth $68,000. Wolverine Trading LLC purchased a new stake in Aegon in the third quarter valued at $76,000. Kovitz Investment Group Partners LLC purchased a new stake in Aegon in the third quarter valued at $85,000. Finally, Captrust Financial Advisors boosted its stake in Aegon by 22.7% in the third quarter. Captrust Financial Advisors now owns 15,083 shares of the financial services provider's stock valued at $96,000 after acquiring an additional 2,795 shares in the last quarter. 4.32% of the stock is currently owned by hedge funds and other institutional investors.

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.

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