Hantz Financial Services Inc. Has $787,000 Stake in InterContinental Hotels Group PLC (NYSE:IHG)

Hantz Financial Services Inc. boosted its position in InterContinental Hotels Group PLC (NYSE:IHG) by 3.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,303 shares of the company’s stock after purchasing an additional 234 shares during the quarter. Hantz Financial Services Inc.’s holdings in InterContinental Hotels Group were worth $787,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its position in shares of InterContinental Hotels Group by 130.9% in the third quarter. Assetmark Inc. now owns 769 shares of the company’s stock valued at $85,000 after acquiring an additional 436 shares during the period. World Investment Advisors LLC bought a new stake in InterContinental Hotels Group in the 3rd quarter valued at about $86,000. R Squared Ltd bought a new position in shares of InterContinental Hotels Group during the fourth quarter worth approximately $89,000. Transamerica Financial Advisors Inc. raised its position in shares of InterContinental Hotels Group by 100,100.0% in the third quarter. Transamerica Financial Advisors Inc. now owns 1,002 shares of the company’s stock valued at $111,000 after buying an additional 1,001 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of InterContinental Hotels Group by 40.7% in the fourth quarter. GAMMA Investing LLC now owns 1,458 shares of the company’s stock valued at $182,000 after buying an additional 422 shares during the period. 15.09% of the stock is owned by institutional investors and hedge funds.

InterContinental Hotels Group Stock Down 0.6 %

Shares of IHG stock opened at $134.60 on Friday. InterContinental Hotels Group PLC has a fifty-two week low of $91.57 and a fifty-two week high of $136.67. The stock’s fifty day moving average price is $127.03 and its two-hundred day moving average price is $114.15.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Sanford C. Bernstein upgraded InterContinental Hotels Group from an “underperform” rating to a “market perform” rating in a research note on Friday, January 10th. Morgan Stanley cut InterContinental Hotels Group from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, January 8th. Finally, Barclays raised shares of InterContinental Hotels Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to MarketBeat, InterContinental Hotels Group currently has an average rating of “Hold”.

InterContinental Hotels Group Company 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.