Herndon Capital Management Decreased Its Aes Corp/Va (AES) Position, 2 Analysts Covering AEGON N.V. (ADR) (AEG)

May 11, 2017 - By Vivian Park

Herndon Capital Management Llc decreased Aes Corp/Va (AES) stake by 64.79% reported in 2016Q4 SEC filing. Herndon Capital Management Llc sold 3.98 million shares as Aes Corp/Va (AES)’s stock declined 6.82%. The Herndon Capital Management Llc holds 2.16 million shares with $25.14M value, down from 6.14 million last quarter. Aes Corp/Va now has $7.75 billion valuation. The stock declined 0.52% or $0.06 reaching $11.51 per share. About 2.14M shares traded. AES Corp (NYSE:AES) has declined 3.18% since October 4, 2016 and is downtrending. It has underperformed by 14.77% the S&P500.

Among 7 analysts covering Aegon N.V. (NYSE:AEG), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Aegon N.V. had 10 analyst reports since August 20, 2015 according to SRatingsIntel. ING Group downgraded AEGON N.V. (ADR) (NYSE:AEG) on Thursday, December 1 to “Hold” rating. The rating was upgraded by Deutsche Bank to “Hold” on Thursday, August 27. The firm has “Neutral” rating by JP Morgan given on Tuesday, June 28. The firm has “Buy” rating given on Wednesday, January 20 by ING Group. Goldman Sachs upgraded the shares of AEG in report on Thursday, September 24 to “Buy” rating. The company was upgraded on Wednesday, January 11 by Societe Generale. The company was downgraded on Thursday, December 10 by RBC Capital Markets. TheStreet downgraded AEGON N.V. (ADR) (NYSE:AEG) on Thursday, August 20 to “Hold” rating. Barclays Capital downgraded AEGON N.V. (ADR) (NYSE:AEG) on Wednesday, June 29 to “Underweight” rating. The stock of AEGON N.V. (ADR) (NYSE:AEG) earned “Hold” rating by Societe Generale on Thursday, October 13. See AEGON N.V. (ADR) (NYSE:AEG) latest ratings:

11/01/2017 Broker: Societe Generale Old Rating: Hold New Rating: Buy Upgrade
01/12/2016 Broker: ING Group Old Rating: Buy New Rating: Hold Downgrade

Aegon N.V. is an international life insurance, pensions and asset management company. The company has market cap of $10.39 billion. The Company’s divisions include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management. It has a 20.93 P/E ratio. It offers protection against mortality, morbidity and longevity risks, including traditional and universal life.

About 2.46M shares traded or 35.16% up from the average. AEGON N.V. (ADR) (NYSE:AEG) has risen 37.63% since October 4, 2016 and is uptrending. It has outperformed by 26.04% the S&P500.