ING Groep (NYSE:ING) Shares Bought by Quadrant Capital Group LLC

Quadrant Capital Group LLC grew its holdings in ING Groep (NYSE:ING) by 5.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,105 shares of the financial services provider’s stock after buying an additional 1,828 shares during the quarter. Quadrant Capital Group LLC’s holdings in ING Groep were worth $527,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC grew its holdings in shares of ING Groep by 8.7% in the 4th quarter. Fisher Asset Management LLC now owns 63,776,162 shares of the financial services provider’s stock worth $957,918,000 after acquiring an additional 5,094,340 shares during the period. BNP Paribas Financial Markets raised its stake in shares of ING Groep by 2,566.3% during the 4th quarter. BNP Paribas Financial Markets now owns 894,059 shares of the financial services provider’s stock worth $13,429,000 after buying an additional 860,527 shares during the last quarter. Natixis Advisors L.P. boosted its position in shares of ING Groep by 75.4% in the 4th quarter. Natixis Advisors L.P. now owns 1,802,537 shares of the financial services provider’s stock worth $27,074,000 after buying an additional 774,781 shares in the last quarter. FMR LLC increased its holdings in ING Groep by 10.2% during the 3rd quarter. FMR LLC now owns 5,113,296 shares of the financial services provider’s stock valued at $67,393,000 after acquiring an additional 474,505 shares in the last quarter. Finally, Tudor Investment Corp Et Al increased its holdings in ING Groep by 2,784.1% during the 3rd quarter. Tudor Investment Corp Et Al now owns 329,939 shares of the financial services provider’s stock valued at $4,349,000 after acquiring an additional 318,499 shares in the last quarter. 4.49% of the stock is currently owned by hedge funds and other institutional investors.

ING Groep Stock Up 2.2 %

Shares of NYSE ING opened at $17.99 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.12 and a quick ratio of 1.12. The firm’s 50-day moving average is $16.41 and its two-hundred day moving average is $14.82. ING Groep has a 12-month low of $12.21 and a 12-month high of $18.00. The company has a market capitalization of $62.91 billion, a PE ratio of 7.96 and a beta of 1.56.

ING Groep Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, May 10th. Shareholders of record on Thursday, April 25th were given a dividend of $0.697 per share. This is an increase from ING Groep’s previous Semi-Annual dividend of $0.43. The ex-dividend date was Wednesday, April 24th. This represents a yield of 6.8%. ING Groep’s dividend payout ratio (DPR) is presently 61.06%.

ING Groep Company 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.