ING Groep N.V. (NYSE:ING) produced a 31.73% rally since recording the worst price of $10.21. Thanks to the latest 4.1% increase, it now trades at $13.45. Throughout the trading on 4/12/2019, the share price floated between $13.34 and $13.48. This company shares are 43.49% off its target price of $19.3 and the current market capitalization stands at $52.91B. The recent change has given its price a 8.35% lead over SMA 50 and -24.12% deficit over its 52-week high. The stock witnessed 8.82% gains, 18.92% gains and 7% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ING’s volatility during a week at 0.9% and during a month it has been found around 1.17%.

ING Groep N.V. (ING) Top Holders

Institutional investors currently hold around $1.76 billion or 3.4% in ING stock. Look at its top three institutional owners: Fisher Asset Management, Llc owns $595.72 million in ING Groep N.V., which represents roughly 1.13% of the company’s market cap and approximately 33.91% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 9,830,987 shares of the stock are valued at $132.23 million. The third largest holder is Morgan Stanley, which currently holds $123.64 million worth of this stock and that ownership represents nearly 0.23% of its market capitalization.

ING Groep N.V. 13F Filings

At the end of December reporting period, 131 institutional holders increased their position in ING Groep N.V. (NYSE:ING) by some 13,876,204 shares, 165 decreased positions by 17,568,741 and 41 held positions by 99,185,168. That puts total institutional holdings at 130,630,113 shares, according to SEC filings. The stock grabbed 53 new institutional investments totaling 4,629,079 shares while 64 institutional investors sold out their entire positions totaling 5,618,861 shares.

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.