Guardian Partners Inc. acquired a $11.73 million stake in ING Groep, holding 743,344 shares, while other investors also increased their positions. Despite a Moderate Buy rating, analysts suggest better investment opportunities, with Morgan Stanley downgrading ING Groep to "equal weight." The stock recently opened at $19.88, with a market cap of $69.53 billion, and reported a quarterly EPS of $0.39, missing estimates.