Capstone Asset Management Co. cut its position in ING Groep NV (NYSE:ING) by 0.5% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 327,928 shares of the company’s stock after selling 1,520 shares during the period. Capstone Asset Management Co.’s holdings in ING Groep NV were worth $4,047,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ING. BOKF NA raised its position in 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. BB&T Corp raised its position in ING Groep NV by 0.4% in the second quarter. BB&T Corp now owns 34,296 shares of the company’s stock worth $355,000 after buying an additional 144 shares during the period. Shelton Capital Management raised its position in 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. Princeton Alpha Management LP raised its position in ING Groep NV by 1.6% in the second quarter. Princeton Alpha Management LP now owns 25,753 shares of the company’s stock worth $266,000 after buying an additional 406 shares during the period. Finally, Strategic Advisors LLC raised its position in ING Groep NV by 0.7% in the second quarter. Strategic Advisors LLC now owns 67,214 shares of the company’s stock worth $1,731,000 after buying an additional 448 shares during the period. Institutional investors and hedge funds own 1.80% of the company’s stock.

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

Shares of ING Groep NV (NYSE:ING) traded up 1.59% during mid-day trading on Tuesday, reaching $13.38. 2,064,236 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $13.20 and its 200-day moving average price is $12.05. The stock has a market cap of $51.88 billion, a price-to-earnings ratio of 10.45 and a beta of 1.55. ING Groep NV has a 12-month low of $9.26 and a 12-month high of $14.35.

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ING has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of ING Groep NV from a “hold” rating to a “sell” rating in a research report on Tuesday, November 8th. RBC Capital Markets raised shares of ING Groep NV from a “sector perform” rating to an “outperform” rating in a research report on Friday, September 23rd. Royal Bank Of Canada raised shares of ING Groep NV from a “sector perform” rating to an “outperform” rating in a research report on Friday, September 23rd. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of ING Groep NV in a research report on Tuesday, September 6th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. The stock 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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