Campbell & CO Investment Adviser LLC purchased a new position in ING Groep NV (NYSE:ING) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 25,989 shares of the financial services provider’s stock, valued at approximately $337,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new position in shares of ING Groep during the 3rd quarter worth about $136,000. Rhumbline Advisers bought a new position in shares of ING Groep during the 3rd quarter worth about $142,000. FCA Corp TX bought a new position in shares of ING Groep during the 2nd quarter worth about $143,000. Buckingham Asset Management LLC bought a new position in shares of ING Groep during the 3rd quarter worth about $152,000. Finally, Quantum Capital Management bought a new position in shares of ING Groep during the 2nd quarter worth about $166,000. Institutional investors own 3.45% of the company’s stock.

A number of equities analysts have recently commented on ING shares. Zacks Investment Research raised shares of ING Groep from a “sell” rating to a “hold” rating in a report on Tuesday, August 28th. JPMorgan Chase & Co. downgraded shares of ING Groep from an “overweight” rating to a “neutral” rating in a report on Monday, September 3rd. ValuEngine downgraded shares of ING Groep from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 4th. Royal Bank of Canada reaffirmed a “neutral” rating on shares of ING Groep in a report on Thursday, November 1st. Finally, Morgan Stanley raised shares of ING Groep from an “underweight” rating to an “equal weight” rating in a report on Friday, November 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $21.00.

Shares of ING stock opened at $12.36 on Monday. ING Groep NV has a 12-month low of $11.47 and a 12-month high of $20.58. The stock has a market cap of $48.03 billion, a P/E ratio of 9.09 and a beta of 1.21. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 2.29.

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About ING Groep

ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.

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Institutional Ownership by Quarter for ING Groep (NYSE:ING)

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