ING Groep NV | StockChase
80
ING Groep NV (ING-N)

Last Price Recorded: $18.2500 on 2017-12-14

ON STOCKCHASE SINCE Feb 2001

banking

investment companies/funds
80
ING Groep NV (ING-N)

Last Price Recorded: $18.2500 on 2017-12-14

ON STOCKCHASE SINCE Feb 2001

banking

investment companies/funds

ING Groep NV


Signal Opinion Expert
COMMENT
ING Groep NV(ING-N) 

December 8, 2017

European financials have moved up a lot since the recession. This was on his watch list, but has now moved up too far for him. It is of no interest to him at this time. At some point there is going to be another banking blowout, and this could get hit.

investment companies/funds

European financials have moved up a lot since the recession. This was on his watch list, but has now moved up too far for him. It is of no interest to him at this time. At some point there is going to be another banking blowout, and this could get hit.

investment companies/funds
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$18.550
Owned Owned
No

TOP PICK
ING Groep NV(ING-N) 

December 7, 2017

In general, he likes the European space. The economy is steadying and recovering. This one gives you a pretty decent financial services name. Trading at 1.2 X Price to Book ratio. Has a very robust digital platform which is very compelling because they have very low operating costs. That is going to resumé well with the millennial demographics going forward. Dividend yield of 4.2%. (Analysts’ price target is $21.60.)

investment companies/funds

In general, he likes the European space. The economy is steadying and recovering. This one gives you a pretty decent financial services name. Trading at 1.2 X Price to Book ratio. Has a very robust digital platform which is very compelling because they have very low operating costs. That is going to resumé well with the millennial demographics going forward. Dividend yield of 4.2%. (Analysts’ price target is $21.60.)

investment companies/funds
Stan Wong

Director & Portfolio Manager, Private Wealth Manag...

PricePrice
$18.130
Owned Owned
Yes

TOP PICK
ING Groep NV(ING-N) 

November 28, 2017

This is in the Netherlands and Belgium. A pure retail bank which emerged out of the financial crisis in pristine shape. Generating double digit earnings growth. It’s over capitalized in the environment we are in, implying big dividend growth going forward. Selling at maybe 12X earnings. Safe, cheap and a huge beneficiary of a slowly improving European environment. Dividend yield of 4.1%. (Analysts’ price target is $21.60.)

investment companies/funds

This is in the Netherlands and Belgium. A pure retail bank which emerged out of the financial crisis in pristine shape. Generating double digit earnings growth. It’s over capitalized in the environment we are in, implying big dividend growth going forward. Selling at maybe 12X earnings. Safe, cheap and a huge beneficiary of a slowly improving European environment. Dividend yield of 4.1%. (Analysts’ price target is $21.60.)

investment companies/funds
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Weal...

PricePrice
$18.260
Owned Owned
Yes

HOLD
ING Groep NV(ING-N) 

November 22, 2017

Sell ING or European telcos? The 1st question would be which telcos. However, the broader story on European telcos is different than what is happening in Canada or the US. Fibre to the home is being built out in Europe, and for the 1st time in about 12 years, European telcos are growing revenues and earnings. Thinks there is still a little upside in the telcos. Regarding financials in Europe, the big driver is going to be higher rates. Higher rates are going to be good for financials, so there is a little more room to run on ING. The balance sheet was freshly recapitalized. They sold off some assets. There is probably upside here as well.

investment companies/funds

Sell ING or European telcos? The 1st question would be which telcos. However, the broader story on European telcos is different than what is happening in Canada or the US. Fibre to the home is being built out in Europe, and for the 1st time in about 12 years, European telcos are growing revenues and earnings. Thinks there is still a little upside in the telcos. Regarding financials in Europe, the big driver is going to be higher rates. Higher rates are going to be good for financials, so there is a little more room to run on ING. The balance sheet was freshly recapitalized. They sold off some assets. There is probably upside here as well.

investment companies/funds
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$17.910
Owned Owned
No

COMMENT
ING Groep NV(ING-N) 

November 2, 2017

ING (ING-N) or LLOYDS (LYG-N)?Lloyds is predominantly a retail bank in the UK, and this is predominantly a retail bank in the Netherlands. They had to sell off a lot of businesses. This is probably the stock to own over the next little while. They've taken a lot of costs out, and should see a growth in earnings.

investment companies/funds

ING (ING-N) or LLOYDS (LYG-N)?Lloyds is predominantly a retail bank in the UK, and this is predominantly a retail bank in the Netherlands. They had to sell off a lot of businesses. This is probably the stock to own over the next little while. They've taken a lot of costs out, and should see a growth in earnings.

investment companies/funds
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Ma...

PricePrice
$18.500
Owned Owned
Unknown

PAST TOP PICK
ING Groep NV(ING-N) 

October 23, 2017

(A Past Top Pick Sep 14/16, Up 59%)  There is still lots of room here.  This is best of breed.  The strength of the US$ helped boost the return on the ADR.  They were the first one to cut costs and to pay the Dutch government back.

investment companies/funds

(A Past Top Pick Sep 14/16, Up 59%)  There is still lots of room here.  This is best of breed.  The strength of the US$ helped boost the return on the ADR.  They were the first one to cut costs and to pay the Dutch government back.

investment companies/funds
Rick Stuchberry

Portfolio Manager, Richardson GMP...

PricePrice
$18.510
Owned Owned
Yes

TOP PICK
ING Groep NV(ING-N) 

October 23, 2017

He is sticking with this one.  It is a great company in a sector that has not moved much yet.  There is so much potential when Europe starts to deregulate and when they start to raise interest rates.  There is so much money to be made in the banking sector.  It is one of the best EU banks.  (Analysts’ target: $22.00).

investment companies/funds

He is sticking with this one.  It is a great company in a sector that has not moved much yet.  There is so much potential when Europe starts to deregulate and when they start to raise interest rates.  There is so much money to be made in the banking sector.  It is one of the best EU banks.  (Analysts’ target: $22.00).

investment companies/funds
Rick Stuchberry

Portfolio Manager, Richardson GMP...

PricePrice
$18.510
Owned Owned
Yes

PAST TOP PICK
ING Groep NV(ING-N) 

October 23, 2017

(A Top Pick Nov 24/16. Up 40%.) This is in the Netherlands and Belgium. A pure retail bank. 4% dividend yield. Earnings growth of 8%-10%. Selling about 12X earnings. Extremely stable and benefiting from the rebound in Europe. Very cheap.

investment companies/funds

(A Top Pick Nov 24/16. Up 40%.) This is in the Netherlands and Belgium. A pure retail bank. 4% dividend yield. Earnings growth of 8%-10%. Selling about 12X earnings. Extremely stable and benefiting from the rebound in Europe. Very cheap.

investment companies/funds
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Weal...

PricePrice
$18.510
Owned Owned
Yes

COMMENT
ING Groep NV(ING-N) 

September 11, 2017

This has had some near-death experiences and the business has shrunk fairly dramatically. They have restructured and are much smaller than they were. A bit of a turnaround story and higher interest rates will work. Feels there are better opportunities elsewhere.

investment companies/funds

This has had some near-death experiences and the business has shrunk fairly dramatically. They have restructured and are much smaller than they were. A bit of a turnaround story and higher interest rates will work. Feels there are better opportunities elsewhere.

investment companies/funds
Darren Sissons

Vice President and Partner, Campbell Lee & Ross...

PricePrice
$17.860
Owned Owned
Unknown

TOP PICK
ING Groep NV(ING-N) 

August 24, 2017

He likes the international markets.  They are benefiting from Euro zone upturn in growth.  They sold off their insurance business to focus just on banking.  (Analysts’ target: $21.90).

investment companies/funds

He likes the international markets.  They are benefiting from Euro zone upturn in growth.  They sold off their insurance business to focus just on banking.  (Analysts’ target: $21.90).

investment companies/funds
Stan Wong

Director & Portfolio Manager, Private Wealth Manag...

PricePrice
$17.770
Owned Owned
Yes

COMMENT
ING Groep NV(ING-N) 

August 9, 2017

Lloyds Bank (LYG-N) or ING Groep (ING-N)? Both did very well coming out of the chute from when they were partially nationalized by the British government. Lloyds is probably a little more expensive. This is much more of a retail bank, and if run properly retail can easily be a 15% return.

investment companies/funds

Lloyds Bank (LYG-N) or ING Groep (ING-N)? Both did very well coming out of the chute from when they were partially nationalized by the British government. Lloyds is probably a little more expensive. This is much more of a retail bank, and if run properly retail can easily be a 15% return.

investment companies/funds
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Ma...

PricePrice
$18.610
Owned Owned
Unknown

COMMENT
ING Groep NV(ING-N) 

June 9, 2017

He really likes this and thinks it could be one of the best European banks. They have the ability to spread across Europe without having a lot of bricks and mortar. They are very aggressive. They paid back the money they owed to the Dutch government. They pay a special dividend a couple of times a year. 4.25% dividend yield.

investment companies/funds

He really likes this and thinks it could be one of the best European banks. They have the ability to spread across Europe without having a lot of bricks and mortar. They are very aggressive. They paid back the money they owed to the Dutch government. They pay a special dividend a couple of times a year. 4.25% dividend yield.

investment companies/funds
Rick Stuchberry

Portfolio Manager, Richardson GMP...

PricePrice
$17.440
Owned Owned
Yes

DON'T BUY
ING Groep NV(ING-N) 

June 8, 2017

It hit his radar during the recession.  It has moved up too far to be of interest now, although it could have a lot of upside.  It is no longer on his radar.

investment companies/funds

It hit his radar during the recession.  It has moved up too far to be of interest now, although it could have a lot of upside.  It is no longer on his radar.

investment companies/funds
Benj Gallander

President, Contra the Heard Inv...

PricePrice
$17.180
Owned Owned
Unknown

COMMENT
ING Groep NV(ING-N) 

June 5, 2017

Lloyds (LYG-N) or ING (ING-N)? He would favour this over Lloyds. In the UK, Lloyds has had a big restructuring coming out of the financial crisis, and clearly that is now behind it. The problem is the political and economic uncertainty background in the UK. ING is a terrific business and is a very, very inexpensive stock. Thinks interest rates in Europe are set to go up, which should put the wind at the back of this bank.

investment companies/funds

Lloyds (LYG-N) or ING (ING-N)? He would favour this over Lloyds. In the UK, Lloyds has had a big restructuring coming out of the financial crisis, and clearly that is now behind it. The problem is the political and economic uncertainty background in the UK. ING is a terrific business and is a very, very inexpensive stock. Thinks interest rates in Europe are set to go up, which should put the wind at the back of this bank.

investment companies/funds
Jim McGovern

CEO, Arrow Capital Manage...

PricePrice
$16.840
Owned Owned
Unknown

DON'T BUY
ING Groep NV(ING-N) 

April 20, 2017

A good, well managed bank with good capital ratios.  But it is not a pan-European bank.  A better way to play that would be BMP, a French bank with exposure to the entire continent.  He does not own either because there is not enough growth opportunity.  He prefers Spanish banks because unemployment is coming down and their exposure to emerging markets is good.

investment companies/funds

A good, well managed bank with good capital ratios.  But it is not a pan-European bank.  A better way to play that would be BMP, a French bank with exposure to the entire continent.  He does not own either because there is not enough growth opportunity.  He prefers Spanish banks because unemployment is coming down and their exposure to emerging markets is good.

investment companies/funds
Mark Grammer

Managing Dir. & Portfolio Manager, Gluskin Sheff & Asso...

PricePrice
$15.290
Owned Owned
Yes

Showing 1 to 15 of 80 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company