Crossmark Global Holdings Inc. Purchases 62,801 Shares of ING Groep (NYSE:ING)

Crossmark Global Holdings Inc. increased its holdings in shares of ING Groep (NYSE:ING - Free Report) by 30.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 266,994 shares of the financial services provider's stock after acquiring an additional 62,801 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in ING Groep were worth $4,849,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Fortitude Family Office LLC purchased a new position in shares of ING Groep in the third quarter worth about $25,000. Summit Securities Group LLC purchased a new position in shares of ING Groep during the second quarter worth about $31,000. Rothschild Investment LLC purchased a new position in ING Groep in the 2nd quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of ING Groep during the 2nd quarter valued at $38,000. Finally, Mather Group LLC. lifted its holdings in shares of ING Groep by 57.3% during the 3rd quarter. Mather Group LLC. now owns 2,147 shares of the financial services provider's stock worth $39,000 after acquiring an additional 782 shares during the last quarter. 4.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft downgraded ING Groep from a "buy" rating to a "hold" rating in a research report on Wednesday, October 9th. Citigroup raised shares of ING Groep to a "strong-buy" rating in a report on Thursday, October 17th. Finally, Barclays lowered shares of ING Groep from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, October 22nd.

ING Groep Trading Down 1.9 %

ING stock traded down $0.31 during trading on Tuesday, reaching $15.72. The company had a trading volume of 702,221 shares, compared to its average volume of 2,314,049. The business has a 50 day moving average of $17.50 and a 200 day moving average of $17.50. The company has a debt-to-equity ratio of 2.89, a current ratio of 1.13 and a quick ratio of 1.12. The company has a market cap of $54.99 billion, a P/E ratio of 7.19, a PEG ratio of 6.23 and a beta of 1.52. ING Groep has a 52 week low of $12.77 and a 52 week high of $18.72.

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.