InterContinental Hotels Group PLC (NYSE:IHG) Stock Holdings Boosted by Cerity Partners LLC

Cerity Partners LLC grew its position in shares of InterContinental Hotels Group PLC (NYSE:IHG) by 25.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,195 shares of the company’s stock after purchasing an additional 2,456 shares during the quarter. Cerity Partners LLC’s holdings in InterContinental Hotels Group were worth $1,347,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rothschild Investment LLC acquired a new position in InterContinental Hotels Group during the second quarter worth about $36,000. EverSource Wealth Advisors LLC grew its stake in shares of InterContinental Hotels Group by 65.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 484 shares of the company’s stock worth $48,000 after purchasing an additional 191 shares during the last quarter. Transcendent Capital Group LLC bought a new stake in shares of InterContinental Hotels Group in the 2nd quarter worth approximately $50,000. Assetmark Inc. lifted its stake in InterContinental Hotels Group by 130.9% during the third quarter. Assetmark Inc. now owns 769 shares of the company’s stock valued at $85,000 after purchasing an additional 436 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in InterContinental Hotels Group by 15.5% during the second quarter. GAMMA Investing LLC now owns 1,008 shares of the company’s stock worth $107,000 after buying an additional 135 shares in the last quarter. Institutional investors own 15.09% of the company’s stock.

InterContinental Hotels Group Stock Up 1.2 %

InterContinental Hotels Group stock opened at $127.98 on Wednesday. The company has a 50 day moving average price of $116.11 and a 200 day moving average price of $106.99. InterContinental Hotels Group PLC has a 52 week low of $80.61 and a 52 week high of $128.43.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on IHG. Barclays upgraded InterContinental Hotels Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, November 15th. The Goldman Sachs Group upgraded InterContinental Hotels Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

InterContinental Hotels Group Profile

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.