Riverhead Capital Management LLC maintained its position in shares of ING Group, N.V. (NYSE:ING) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,200 shares of the financial services provider’s stock at the end of the second quarter. Riverhead Capital Management LLC’s holdings in ING Group, N.V. were worth $177,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Fisher Asset Management LLC raised its holdings in ING Group, N.V. by 1,155.1% in the second quarter. Fisher Asset Management LLC now owns 36,009,342 shares of the financial services provider’s stock worth $626,202,000 after purchasing an additional 33,140,211 shares in the last quarter. Bank of America Corp DE lifted its position in shares of ING Group, N.V. by 5.4% during the first quarter. Bank of America Corp DE now owns 8,039,257 shares of the financial services provider’s stock valued at $121,313,000 after buying an additional 410,416 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of ING Group, N.V. by 155.0% in the 2nd quarter. Wells Fargo & Company MN now owns 2,858,329 shares of the financial services provider’s stock valued at $49,706,000 after buying an additional 1,737,235 shares in the last quarter. Clearbridge Investments LLC boosted its holdings in shares of ING Group, N.V. by 1.8% in the 1st quarter. Clearbridge Investments LLC now owns 1,315,324 shares of the financial services provider’s stock valued at $19,848,000 after buying an additional 23,522 shares in the last quarter. Finally, Aperio Group LLC boosted its holdings in shares of ING Group, N.V. by 13.5% in the 2nd quarter. Aperio Group LLC now owns 1,004,070 shares of the financial services provider’s stock valued at $17,461,000 after buying an additional 119,720 shares in the last quarter. Institutional investors own 2.86% of the company’s stock.

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Shares of ING Group, N.V. (NYSE ING) opened at 18.42 on Monday. The stock’s 50 day moving average price is $18.06 and its 200-day moving average price is $16.90. ING Group, N.V. has a 52 week low of $11.99 and a 52 week high of $18.94. The stock has a market cap of $71.54 billion, a price-to-earnings ratio of 12.05 and a beta of 1.13.

ING has been the topic of a number of analyst reports. ValuEngine raised shares of ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 22nd. BidaskClub upgraded shares of ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 8th. Deutsche Bank AG reiterated a “buy” rating on shares of ING Group, N.V. in a research note on Tuesday, June 20th. UBS AG reissued a “buy” rating on shares of ING Group, N.V. in a research report on Tuesday, September 5th. Finally, Goldman Sachs Group, Inc. (The) raised shares of ING Group, N.V. from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 6th. Four analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $17.00.

ING Group, N.V. 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.

Institutional Ownership by Quarter for ING Group, N.V. (NYSE:ING)

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