Are ING Groep N.V. (ING) Shares Headed For A Pullback?

On Tuesday, shares of ING Groep N.V. (NYSE:ING) marked $11.54 per share versus a previous $11.47 closing price. With having a 0.61% gain, an insight into the fundamental values of ING Groep N.V., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. ING showed a rise of 8.26% within its YTD performance, with highs and lows between $10.21 – $16.22 during the period of 52 weeks, compared to the simple moving average of -8.11% in the period of the last 200 days.

RBC Capital Mkts equity researchers changed the status of ING Groep N.V. (NYSE: ING) shares from “Sector Perform” to a “Outperform” rating in the report published on March 21st, 2019. Other analysts, including Societe Generale, also published their reports on ING shares. Societe Generale repeated the rating from the previous report, marking ING under “Buy” rating, in the report published on January 16th, 2019. Additionally, ING shares got another “Neutral” rating from JP Morgan. On the other hand, HSBC Securities Downgrade the “Hold” rating for ING shares, as published in the report on May 31st, 2017. Goldman seems to be going bullish on the price of ING shares, based on the price prediction for ING. Another “Hold” rating came from Societe Generale.

ING Groep N.V. (ING) Analysis

The present dividend yield for ING owners is set at 0.06, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording 2.30%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of ING Groep N.V. (ING) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 7.80% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while ING is currently recording an average of 3.17M in volumes. The volatility of the stock on monthly basis is set at 1.13%, while the weekly volatility levels are marked at 1.48%with -4.15% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $19.30, indicating growth from the present price of $11.54, which can represent yet another valuable research and analysis points that can help you decide whether to invest in ING or pass.

What to Look for When Analyzing ING Groep N.V. Shares?

ING Groep N.V. (ING) is based in the Netherlands and it represents one of the well-known company operating with Financial sector. If you wish to compare ING shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 8.71 for ING Groep N.V., while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 1.33 is supported by the yearly ESP growth of -4.20%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 1.00%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 3.50% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in ING Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in ING in the recent period. That is how Fisher Asset Management LLC now has an increase position in ING by 4.79% in the first quarter, owning 46.41 million shares of ING stocks, with the value of $592.22 million after the purchase of an additional 2,120,869 shares during the last quarter. In the meanwhile, Morgan Stanley & Co. LLC also increased their stake in ING shares changed 25.80% in the first quarter, which means that the company now owns 7.83 million shares of company, all valued at $99.93 million after the acquisition of additional 1,606,427 shares during the last quarter.

Parametric Portfolio Associates L acquired a new position in ING Groep N.V. during the first quarter, with the value of $41.06 million, and Dimensional Fund Advisors LP increased their stake in the company’s shares by 0.00% in the first quarter, now owning 0 shares valued at $37 million after the acquisition of the additional 2.9 million shares during the last quarter. At the present, 3.50% of ING shares are in the ownership of institutional investors.

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