Campbell & CO Investment Adviser LLC Invests $337,000 in ING Groep NV (ING) Stock
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.
TRADEMARK VIOLATION WARNING: This report was first posted by Daily Political and is the property of of Daily Political. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://www.dailypolitical.com/2018/11/19/campbell-co-investment-adviser-llc-invests-337000-in-ing-groep-nv-ing-stock.html.
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.
Want to see what other hedge funds are holding ING? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ING Groep NV (NYSE:ING).
Receive News & Ratings for ING Groep Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ING Groep and related companies with MarketBeat.com's FREE daily email newsletter.