ING Group, NV (NYSE:ING) Shares Bought by Lincluden Management Ltd.

Postado Agosto 16, 2017

Orbis Allan Gray Ltd now owns 893,781 shares of the financial services provider's stock worth $12,602,000 after buying an additional 11,530 shares during the period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Credit Suisse Group set a €15.50 ($18.24) price objective on shares of ING Groep NV and gave the company a "neutral" rating in a research note on Thursday, May 11th. NEXT Financial Group Inc now owns 8,618 shares of the financial services provider's stock worth $140,000 after buying an additional 5,530 shares during the period. Assetmark Inc. now owns 9,524 shares of the financial services provider's stock valued at $144,000 after buying an additional 747 shares during the period. Raymond James Trust N.A. boosted its position in shares of ING Group, N.V.by 1.3% in the first quarter. Finally, Jacobi Capital Management LLC raised its stake in ING Group, N.V.by 16.4% in the first quarter. The firm owned 15,700 shares of the financial services provider's stock at the end of the second quarter. IFP Advisors Inc raised its stake in shares of ING Group, N.V.by 115.4% in the first quarter. The institutional investor owned 314,530 shares of the financial services provider's stock after buying an additional 24,785 shares during the period.

The stock of ING Groep NV (ADR) (NYSE:ING) is a huge mover today! ING Groep NV has a one year low of €10.35 and a one year high of €16.00. The stock has a market cap of $70.07 billion, a PE ratio of 12.00 and a beta of 1.15. The firm has a 50-day moving average price of $18.01 and a 200 day moving average price of $16.19.

The firm also recently announced a None dividend, which will be paid on Monday, August 21st. Stockholders of record on Monday, August 14th will be paid a dividend of $0.232 per share. The rating was upgraded by Deutsche Bank on Thursday, August 27 to "Buy". This represents a dividend yield of 3.05%. ING Group, N.V.'s payout ratio is presently 64.34%.

ILLEGAL ACTIVITY NOTICE: This piece of content was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another domain, it was illegally copied and republished in violation of U.S. & global copyright & trademark legislation. The legal version of this article can be accessed at https://stocknewstimes.com/2017/08/15/ing-group-n-v-nyseing-stake-raised-by-lincluden-management-ltd-updated-updated.html. Finally, Jefferies Group LLC began coverage on ING Group, N.V.in a research note on Wednesday, April 19th. (NYSE:ING), 5 have Buy rating, 1 Sell and 3 Hold. Zacks Investment Research downgraded shares of ING Group, N.V. from a "hold" rating to a "sell" rating in a research report on Wednesday, May 3rd. J P Morgan Chase & Co set a €17.20 ($20.24) price objective on shares of ING Groep NV and gave the company a "buy" rating in a research note on Friday, May 12th. ING Group, N.V. HSBC Holdings plc downgraded shares of ING Group, N.V. from a "buy" rating to a "hold" rating and set a $15.00 target price for the company.in a research report on Wednesday, May 31st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The stock of ING Groep NV (ADR) (NYSE:ING) has "Buy" rating given on Tuesday, June 20 by Deutsche Bank.

ING Groep N.V.is a financial institution. The Firm 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 that 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 that 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.