InterContinental Hotels Group PLC (NYSE:IHG) Shares Purchased by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. lifted its holdings in InterContinental Hotels Group PLC (NYSE:IHG) by 100,100.0% in the third quarter, Holdings Channel reports. The firm owned 1,002 shares of the company’s stock after buying an additional 1,001 shares during the period. Transamerica Financial Advisors Inc.’s holdings in InterContinental Hotels Group were worth $111,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IHG. Russell Investments Group Ltd. lifted its position in InterContinental Hotels Group by 46.9% during the 1st quarter. Russell Investments Group Ltd. now owns 332 shares of the company’s stock worth $35,000 after acquiring an additional 106 shares during the period. Rothschild Investment LLC acquired a new stake in InterContinental Hotels Group during the 2nd quarter worth about $36,000. Transcendent Capital Group LLC acquired a new stake in InterContinental Hotels Group during the 2nd quarter worth about $50,000. EverSource Wealth Advisors LLC lifted its position in InterContinental Hotels Group by 65.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 484 shares of the company’s stock worth $48,000 after acquiring an additional 191 shares during the period. Finally, Assetmark Inc. lifted its position in InterContinental Hotels Group by 130.9% during the 3rd quarter. Assetmark Inc. now owns 769 shares of the company’s stock worth $85,000 after acquiring an additional 436 shares during the period. Institutional investors and hedge funds own 15.09% of the company’s stock.

Analyst Upgrades and Downgrades

IHG has been the subject of a number of research reports. The Goldman Sachs Group raised InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 18th. Barclays raised InterContinental Hotels Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

InterContinental Hotels Group Trading Up 0.2 %

NYSE IHG opened at $126.01 on Thursday. The stock has a 50-day simple moving average of $114.64 and a two-hundred day simple moving average of $106.24. InterContinental Hotels Group PLC has a fifty-two week low of $77.84 and a fifty-two week high of $126.94.

About InterContinental Hotels Group

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco, HUALUXE, Crowne Plaza, Iberostar Beachfront Resorts, EVEN, Holiday Inn Express, Holiday Inn, Garner, avid hotels, Atwell Suites, Staybridge Suites, Iberostar Beachfront Resorts, Holiday Inn Club Vacations, and Candlewood Suites brand names.