ING Groep NV (NYSE:ING) saw unusually large options trading activity on Tuesday. Traders acquired 2,201 call options on the company. This represents an increase of 2,193% compared to the average daily volume of 96 call options.

A number of analysts have recently weighed in on the stock. UBS reiterated a “buy” rating on shares of ING Groep in a report on Tuesday, September 5th. Deutsche Bank reissued a “buy” rating on shares of ING Groep in a research note on Thursday, October 12th. Zacks Investment Research downgraded shares of ING Groep from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Goldman Sachs Group raised shares of ING Groep from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 6th. Finally, ValuEngine raised shares of ING Groep from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $17.50.

A number of hedge funds have recently added to or reduced their stakes in ING. First Trust Advisors LP raised its stake in ING Groep by 1.8% in the second quarter. First Trust Advisors LP now owns 48,455 shares of the financial services provider’s stock worth $843,000 after buying an additional 877 shares in the last quarter. Bank of New York Mellon Corp raised its stake in ING Groep by 5.0% in the second quarter. Bank of New York Mellon Corp now owns 109,693 shares of the financial services provider’s stock worth $1,907,000 after buying an additional 5,175 shares in the last quarter. Blair William & Co. IL raised its stake in ING Groep by 7.0% in the second quarter. Blair William & Co. IL now owns 24,567 shares of the financial services provider’s stock worth $427,000 after buying an additional 1,609 shares in the last quarter. MAI Capital Management bought a new position in ING Groep in the second quarter worth about $178,000. Finally, Airain ltd bought a new position in ING Groep in the second quarter worth about $470,000. 2.96% of the stock is owned by institutional investors.

ING Groep (NYSE:ING) opened at $18.55 on Friday. ING Groep has a one year low of $13.63 and a one year high of $19.01. The stock has a market cap of $71,741.15, a PE ratio of 12.33, a P/E/G ratio of 2.34 and a beta of 1.20. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.05.

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ING Groep 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 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.

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