Financial Counselors Inc. boosted its position in shares of ING Group, N.V. (NYSE:ING) by 3.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,396 shares of the financial services provider’s stock after acquiring an additional 642 shares during the period. Financial Counselors Inc.’s holdings in ING Group, N.V. were worth $389,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. MAI Capital Management purchased a new stake in ING Group, N.V. during the second quarter valued at approximately $178,000. Oppenheimer & Co. Inc. purchased a new stake in ING Group, N.V. during the first quarter valued at approximately $166,000. Jacobi Capital Management LLC lifted its position in ING Group, N.V. by 16.4% during the first quarter. Jacobi Capital Management LLC now owns 11,602 shares of the financial services provider’s stock valued at $173,000 after acquiring an additional 1,635 shares during the last quarter. Eqis Capital Management Inc. lifted its position in ING Group, N.V. by 34.8% during the first quarter. Eqis Capital Management Inc. now owns 13,715 shares of the financial services provider’s stock valued at $207,000 after acquiring an additional 3,544 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in ING Group, N.V. during the second quarter valued at approximately $243,000. 2.86% of the stock is owned by institutional investors.

ING Group, N.V. (NYSE ING) opened at 18.16 on Thursday. The firm has a 50-day moving average of $18.12 and a 200 day moving average of $16.76. The firm has a market capitalization of $70.53 billion, a PE ratio of 11.92 and a beta of 1.14. ING Group, N.V. has a 52 week low of $11.76 and a 52 week high of $18.94.

The company also recently disclosed a None dividend, which was paid on Monday, August 21st. Investors of record on Monday, August 14th were paid a dividend of $0.232 per share. The ex-dividend date of this dividend was Thursday, August 10th. This is a boost from ING Group, N.V.’s previous None dividend of $0.22. This represents a yield of 3.05%. ING Group, N.V.’s dividend payout ratio (DPR) is 47.29%.

A number of equities research analysts recently commented on the stock. HSBC Holdings plc cut 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. Deutsche Bank AG restated a “buy” rating on shares of ING Group, N.V. in a research note on Tuesday, June 20th. ValuEngine upgraded shares of ING Group, N.V. from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 6th. 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. Finally, UBS AG restated a “buy” rating on shares of ING Group, N.V. in a research note on Tuesday, September 5th. Four 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 stock. The stock presently has an average rating of “Buy” and a consensus target price of $17.00.

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ING Group, N.V. 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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