PNC Financial Services Group Inc. Sells 388,515 Shares of Aegon Ltd. (NYSE:AEG)

PNC Financial Services Group Inc. reduced its position in Aegon Ltd. (NYSE:AEG) by 64.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 211,078 shares of the financial services provider’s stock after selling 388,515 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Aegon were worth $1,349,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Crossmark Global Holdings Inc. boosted its position in shares of Aegon by 1.5% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 123,947 shares of the financial services provider’s stock worth $792,000 after acquiring an additional 1,870 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Aegon by 79.5% in the 2nd 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 in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Aegon by 19.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,205 shares of the financial services provider’s stock valued at $97,000 after purchasing an additional 2,440 shares in the last quarter. CWM LLC increased its stake in shares of Aegon by 83.6% in the 2nd 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 last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of Aegon by 3.3% during the 3rd quarter. QRG Capital Management Inc. now owns 83,223 shares of the financial services provider’s stock worth $532,000 after buying an additional 2,676 shares in the last quarter. 4.32% of the stock is currently owned by institutional investors and hedge funds.

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 Stock Performance

AEG opened at $6.30 on Thursday. The company’s 50 day moving average is $6.34 and its 200-day moving average is $6.30. Aegon Ltd. has a 1-year low of $5.36 and a 1-year high of $6.96.

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.