3,750 Shares in InterContinental Hotels Group PLC (NYSE:IHG) Purchased by Yorktown Management & Research Co Inc

Yorktown Management & Research Co Inc purchased a new stake in InterContinental Hotels Group PLC (NYSE:IHG - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,750 shares of the company's stock, valued at approximately $468,000.

A number of other institutional investors also recently bought and sold shares of the stock. AQR Capital Management LLC increased its holdings in InterContinental Hotels Group by 8.7% in the 2nd quarter. AQR Capital Management LLC now owns 6,699 shares of the company's stock worth $710,000 after acquiring an additional 538 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of InterContinental Hotels Group during the second quarter worth about $229,000. SG Americas Securities LLC increased its stake in shares of InterContinental Hotels Group by 1.3% during the third quarter. SG Americas Securities LLC now owns 17,904 shares of the company's stock worth $1,978,000 after buying an additional 232 shares during the period. Park Avenue Securities LLC increased its stake in InterContinental Hotels Group by 246.3% in the third quarter. Park Avenue Securities LLC now owns 8,287 shares of the company's stock valued at $916,000 after purchasing an additional 5,894 shares during the last quarter. Finally, Ritholtz Wealth Management increased its stake in InterContinental Hotels Group by 8.6% in the third quarter. Ritholtz Wealth Management now owns 12,583 shares of the company's stock valued at $1,390,000 after purchasing an additional 993 shares during the last quarter. 15.09% of the stock is currently owned by institutional investors and hedge funds.

InterContinental Hotels Group Stock Down 0.0 %

NYSE:IHG traded down $0.04 during trading hours on Wednesday, hitting $133.88. 162,561 shares of the company's stock traded hands, compared to its average volume of 128,707. InterContinental Hotels Group PLC has a twelve month low of $91.57 and a twelve month high of $136.67. The stock's fifty day moving average price is $127.37 and its two-hundred day moving average price is $114.60.

Analyst Ratings Changes

IHG has been the subject of several recent research reports. Barclays raised InterContinental Hotels Group from an "equal weight" rating to an "overweight" rating in a report on Friday, November 15th. Morgan Stanley cut InterContinental Hotels Group from an "equal weight" rating to an "underweight" rating in a report on Wednesday, January 8th. Finally, Sanford C. Bernstein raised InterContinental Hotels Group from an "underperform" rating to a "market perform" rating in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

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.