Is It Right Time to Be Bullish on Aegon N.V. (AEG), Nokia Corporation (NOK)?

    The shares of Aegon N.V. (NYSE:AEG) has been pegged with a rating of Neutral by Citigroup in its latest research note that was published on June 10th, 2019. Citigroup wasn’t the only research firm that published a report of Aegon N.V., with other equities research analysts also giving their opinion on the stock. Keefe Bruyette advised investors in its research note published on May 28th, 2019, to Mkt Perform the AEG stock. The stock had earned Buy rating from ING Group when it published its report on May 21st, 2019. The stock was given Sell rating by Citigroup in its report released on January 17th, 2019. BofA/Merrill was of a view that AEG is Neutral in its latest report on December 12th, 2018. ABN Amro thinks that AEG is worth Buy rating. This was contained in the firm’s report on December 10th, 2018.

    Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $6.02. The price of the stock the last time has raised by 0.00% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 19.11.

    The shares of the company dipped by -0.94% during the trading session on Monday, reaching a low of $4.17 while ending the day at $4.21. During the trading session, a total of 2.32 million shares were traded which represents a -64.64% decline from the average session volume which is 1.41M shares. AEG had ended its last session trading at 4.25. Aegon N.V. currently has a market cap of $9.06B, while its P/E ratio stands at 12.24, while its P/E earnings growth sits at 0.39, with a beta of 1.29. Aegon N.V. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at . AEG 52-week low price stands at $4.21 while its 52-week high price is $6.81.

    Aegon N.V. has the potential to record 0.34 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at Charter Equity published a research note on July 26th, 2019 where it informed investors and clients that Nokia Corporation (NYSE:NOK) is now rated as Buy. Keefe Bruyette also rated NOK as Upgrade on May 28th, 2019, with its price target of $35 suggesting that NOK could surge by 19.79% from its current share price. Even though the stock has been trading at $5.41/share, analysts expect it to surge higher by -1.85% to reach $6.62/share. It started the day trading at $5.38 and traded between $5.29 and $5.31 throughout the trading session.

    A look at its technical shows that NOK’s 50-day SMA is 5.17 while its 200-day SMA stands at 5.62. At the moment, only of Nokia Corporation shares were sold short. The company’s average trading volume currently stands at 22.78M shares, which means that the short-interest ratio is just 2.17 days. Over the past seven days, the company moved, with its shift of 0.38%. Looking further, the stock has raised 10.17% over the past 90 days while it lost -14.49% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. AllianceBernstein LP sold more NOK shares, decreasing its portfolio by -8.11% during the last quarter. This move now sees AllianceBernstein LP selling -2,928,649 shares in the last quarter, thus it now holds 33,186,087 shares of NOK, with a total valuation of $166,262,296. Fidelity Management Research Co meanwhile bought more NOK shares in the recently filed quarter, changing its stake to $151,426,764 worth of shares.

    Similarly, Ariel Investments LLC increased its Nokia Corporation shares by +2.59% during the recently filed quarter. After buying 544,553 shares in the last quarter, the firm now controls 21,608,267 shares of Nokia Corporation which are valued at $108,257,418. In the same vein, Folketrygdfondet increased its Nokia Corporation shares by during the most recent reported quarter. The firm bought 4,000,000 shares during the quarter which increased its stakes to 21,414,870 shares and is now valued at $107,288,499. Following these latest developments, around of Nokia Corporation stocks are owned by institutional investors and hedge funds.