Blair William & Co. IL increased its position in ING Groep NV (NYSE:ING) by 4.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,495 shares of the company’s stock after buying an additional 894 shares during the period. Blair William & Co. IL’s holdings in ING Groep NV were worth $232,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Renaissance Technologies LLC increased its position in shares of ING Groep NV by 436.5% in the first quarter. Renaissance Technologies LLC now owns 2,602,910 shares of the company’s stock worth $31,053,000 after buying an additional 2,117,700 shares during the period. Aperio Group LLC increased its stake in ING Groep NV by 14.6% in the first quarter. Aperio Group LLC now owns 1,072,520 shares of the company’s stock valued at $12,795,000 after buying an additional 136,858 shares during the period. Franklin Resources Inc. increased its stake in ING Groep NV by 0.4% in the first quarter. Franklin Resources Inc. now owns 1,016,997 shares of the company’s stock valued at $12,133,000 after buying an additional 4,084 shares during the period. Rock Point Advisors LLC increased its stake in ING Groep NV by 126.0% in the second quarter. Rock Point Advisors LLC now owns 616,529 shares of the company’s stock valued at $6,369,000 after buying an additional 343,703 shares during the period. Finally, UBS Group AG increased its stake in ING Groep NV by 42.3% in the first quarter. UBS Group AG now owns 602,689 shares of the company’s stock valued at $7,190,000 after buying an additional 179,032 shares during the period. 1.86% of the stock is currently owned by institutional investors.

Shares of ING Groep NV (NYSE:ING) traded down 0.58% during midday trading on Tuesday, hitting $11.92. The stock had a trading volume of 2,324,364 shares. ING Groep NV has a 12 month low of $9.26 and a 12 month high of $14.96. The stock’s 50 day moving average price is $12.04 and its 200 day moving average price is $11.81. The firm has a market cap of $46.20 billion, a price-to-earnings ratio of 9.39 and a beta of 1.77.

The firm also recently disclosed a dividend, which was paid on Monday, August 22nd. Investors of record on Monday, August 15th were issued a $0.219 dividend. The ex-dividend date was Thursday, August 11th. ING Groep NV’s payout ratio is 47.24%.

Several equities research analysts have commented on the stock. Zacks Investment Research raised shares of ING Groep NV from a “sell” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Tuesday, August 30th. Macquarie raised shares of ING Groep NV from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 5th. TheStreet raised shares of ING Groep NV from a “sell” rating to a “hold” rating in a report on Thursday, July 7th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ING Groep NV in a report on Tuesday, September 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $13.63.

About ING Groep NV

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.

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