Dodge & Cox Has Lowered Holding in Aegon Nv (AEG) as Market Valuation Declined

Aegon N.V. (NYSE:AEG) Logo

Dodge & Cox decreased its stake in Aegon Nv (AEG) by 0.79% based on its latest 2019Q2 regulatory filing with the SEC. Dodge & Cox sold 853,899 shares as the company’s stock declined 4.65% . The institutional investor held 107.04 million shares of the life insurance company at the end of 2019Q2, valued at $619.78 million, down from 107.90 million at the end of the previous reported quarter. Dodge & Cox who had been investing in Aegon Nv for a number of months, seems to be less bullish one the $8.62 billion market cap company. The stock increased 2.42% or $0.1 during the last trading session, reaching $4.24. About 3.34 million shares traded or 105.71% up from the average. Aegon N.V. (NYSE:AEG) has declined 23.48% since October 12, 2018 and is downtrending. It has underperformed by 23.48% the S&P500.

Dodge & Cox, which manages about $124.32 billion US Long portfolio, upped its stake in Ubs Group Ag by 6.18M shares to 75.80 million shares, valued at $1.30B in 2019Q2, according to the filing. It also increased its holding in Johnson Controls International by 7.20 million shares in the quarter, for a total of 65.05M shares, and has risen its stake in Liberty Interactive Corp Qvc G (NASDAQ:QVCA).

More notable recent Aegon N.V. (NYSE:AEG) news were published by: Prnewswire.com which released: “Fleetwood Mac Announce Final Show Of World Tour After Eight Countries And 80+ Shows; Saturday, November 16 At T-Mobile Arena In Las Vegas – PRNewswire” on October 03, 2019, also Seekingalpha.com with their article: “Aegon: A View From The Perspective Of A Preferred Investor – Seeking Alpha” published on January 12, 2017, Zacks.com published: “ABM Industries Extends Janitorial Services Alliance With AEG – Zacks.com” on March 21, 2019. More interesting news about Aegon N.V. (NYSE:AEG) were released by: Finance.Yahoo.com and their article: “Hedge Funds Have Never Been This Bullish On AXA Equitable Holdings, Inc. (EQH) – Yahoo Finance” published on June 13, 2019 as well as Seekingalpha.com‘s news article titled: “AEGON NV (AEG) CEO Alex Wynaendts on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 16, 2018.

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