Fisher Asset Management LLC increased its position in ING Groep NV (NYSE:ING) by 50.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 609,497 shares of the company’s stock after buying an additional 205,288 shares during the period. Fisher Asset Management LLC’s holdings in ING Groep NV were worth $7,521,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the company. Wedbush Securities Inc. bought a new position in shares of ING Groep NV during the second quarter worth approximately $115,000. CENTRAL TRUST Co increased its position in shares of ING Groep NV by 3.7% in the second quarter. CENTRAL TRUST Co now owns 15,677 shares of the company’s stock worth $162,000 after buying an additional 553 shares during the period. BOKF NA increased its position in shares of ING Groep NV by 0.5% in the second quarter. BOKF NA now owns 19,280 shares of the company’s stock worth $199,000 after buying an additional 103 shares during the period. First Interstate Bank increased its position in shares of ING Groep NV by 6,100.6% in the second quarter. First Interstate Bank now owns 19,718 shares of the company’s stock worth $204,000 after buying an additional 19,400 shares during the period. Finally, Shelton Capital Management increased its position in shares of ING Groep NV by 0.8% in the second quarter. Shelton Capital Management now owns 20,150 shares of the company’s stock worth $208,000 after buying an additional 150 shares during the period. 1.80% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for ING Groep NV (NYSE:ING)

ING Groep NV (NYSE:ING) traded down 2.52% during midday trading on Monday, hitting $13.17. The stock had a trading volume of 2,058,496 shares. The firm has a market cap of $51.06 billion, a PE ratio of 10.29 and a beta of 1.55. The stock has a 50-day moving average price of $13.18 and a 200 day moving average price of $12.04. ING Groep NV has a one year low of $9.26 and a one year high of $14.35.

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A number of equities analysts recently issued reports on ING shares. Zacks Investment Research downgraded ING Groep NV from a “hold” rating to a “sell” rating in a report on Tuesday, November 8th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ING Groep NV in a report on Tuesday, September 6th. Royal Bank Of Canada raised ING Groep NV from a “sector perform” rating to an “outperform” rating in a report on Friday, September 23rd. Finally, RBC Capital Markets raised ING Groep NV from a “sector perform” rating to an “outperform” rating in a report on Friday, September 23rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $13.63.

ING Groep NV Company Profile

ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company’s segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease.

5 Day Chart for NYSE:ING

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