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Wetherby Asset Management Inc. Acquires 2067 Shares of ING Groep NV (ING)

Reuters
Reuters
Author

13 May, 2017

Sell-side analysts have also provided a consensus recommendation of 1.00 on company shares. Finally, JPMorgan Chase & Co. reissued a "buy" rating on shares of ING Groep NV in a report on Monday, February 13th.

Zacks Investment Research has upgraded ING Groep NV (ADR) (NYSE:ING) to Hold in a statement released on Tuesday May 09, 2017. Jefferies Group LLC started coverage on shares of ING Groep NV in a research note on Wednesday, April 19th. After a recent check, company stock has been trading near the $16.51 mark. Finally, Goldman Sachs Group Inc downgraded shares of ING Groep NV from a "buy" rating to a "neutral" rating in a research report on Tuesday, January 17th.

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Marietta Investment Partners Llc increased Ing Groep N V (ING) stake by 139.35% reported in 2016Q4 SEC filing.

ING Groep NV (ADR) (NYSE:ING) stock opened its trade at $16.59.

The stock decreased 1.59% or $0.27 during the last trading session, reaching $16.49. After a recent look, shares have been seen 20.38% from the 200-day moving average, and 7.82% from the 50-day moving average. ING Groep NV has a 52 week low of $9.26 and a 52 week high of $17.35. ING Groep NV also was the target of some unusual options trading activity on Monday. Institutional investors and hedge funds own 1.82% of the company's stock. This represents an increase of 1,246% compared to the typical volume of 2,004 call options.

The price-to-book ratio of 1.23 for ING Groep N.V. (NYSE:ING) implies that investors are highly hopeful for the organization to create more value from the given set of assets. Janney Montgomery Scott LLC now owns 48,291 shares of the financial services provider's stock worth $729,000 after buying an additional 12,746 shares during the last quarter.

The forward P/E of ING Groep N.V.is at 12.59 signifying the uses of estimated net earnings over the next 12 months. The firm had revenue of $4.68 billion for the quarter.

Analysts expect Navios Maritime Partners L.P. (NYSE:NMM) to report $-0.03 EPS on May, 11.After having $0.09 EPS previously, Navios Maritime Partners L.P.'s analysts see -133.33% EPS growth.

A number of large investors have recently made changes to their positions in the stock. IFP Advisors Inc now owns 14,432 shares of the financial services provider's stock worth $218,000 after buying an additional 7,732 shares during the last quarter.

ING Groep NV (NYSE:ING) last issued its quarterly earnings data on Wednesday, May 10th. Riverhead Capital Management LLC boosted its stake in ING Groep NV by 157.6% in the third quarter. "Wholesale Banking's contribution was particularly strong, led by higher income from Financial Markets and commissions". Insiders own 1.00% of the company shares.

ING Groep N.V. had a market cap of 65.31B, indicating that it has a good hold on the market value of the shares outstanding.


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