ING Groep (NYSE:ING) Shares Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lifted its holdings in shares of ING Groep (NYSE:ING) by 6.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,672 shares of the financial services provider’s stock after buying an additional 1,314 shares during the period. OneDigital Investment Advisors LLC’s holdings in ING Groep were worth $412,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Fortitude Family Office LLC bought a new position in shares of ING Groep during the third quarter valued at approximately $25,000. Summit Securities Group LLC bought a new position in ING Groep during the 2nd quarter worth $31,000. Rothschild Investment LLC acquired a new stake in ING Groep in the second quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in ING Groep in the second quarter valued at $38,000. Finally, Mather Group LLC. boosted its holdings in shares of ING Groep by 57.3% during the third quarter. Mather Group LLC. now owns 2,147 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 782 shares during the period. Institutional investors and hedge funds own 4.49% of the company’s stock.

ING Groep Stock Performance

Shares of ING opened at $15.65 on Friday. The firm has a market capitalization of $54.73 billion, a PE ratio of 7.02, a P/E/G ratio of 6.15 and a beta of 1.52. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 2.89. The firm has a 50-day moving average price of $17.15 and a 200 day moving average price of $17.45. ING Groep has a 52-week low of $12.77 and a 52-week high of $18.72.

Analyst Ratings Changes

ING has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut shares of ING Groep from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Citigroup raised ING Groep to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Barclays downgraded ING Groep from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, October 22nd.

ING Groep Profile

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts.