Diversify Advisory Services LLC Makes New $2.01 Million Investment in Intercontinental Hotels Group $IHG

Diversify Advisory Services LLC acquired a new stake in shares of Intercontinental Hotels Group (NYSE:IHG - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,092 shares of the company's stock, valued at approximately $2,009,000.

Several other hedge funds have also added to or reduced their stakes in IHG. Arrowstreet Capital Limited Partnership grew its holdings in shares of Intercontinental Hotels Group by 55.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 406,572 shares of the company's stock valued at $54,261,000 after buying an additional 145,360 shares during the last quarter. ABC Arbitrage SA boosted its stake in Intercontinental Hotels Group by 31.0% during the 1st quarter. ABC Arbitrage SA now owns 134,259 shares of the company's stock valued at $17,918,000 after purchasing an additional 31,754 shares during the last quarter. Quantinno Capital Management LP boosted its stake in Intercontinental Hotels Group by 25.0% during the 1st quarter. Quantinno Capital Management LP now owns 93,268 shares of the company's stock valued at $12,448,000 after purchasing an additional 18,631 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Intercontinental Hotels Group by 198.5% during the 1st quarter. Renaissance Technologies LLC now owns 60,600 shares of the company's stock valued at $8,088,000 after purchasing an additional 40,300 shares during the last quarter. Finally, Gradient Investments LLC increased its holdings in shares of Intercontinental Hotels Group by 4.2% in the 2nd quarter. Gradient Investments LLC now owns 38,964 shares of the company's stock worth $6,745,000 after purchasing an additional 1,560 shares in the last quarter. 15.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on IHG. Jefferies Financial Group upped their target price on shares of Intercontinental Hotels Group from $160.00 to $195.00 and gave the company a "buy" rating in a research note on Friday, June 26th. Bank of America reiterated a "buy" rating on shares of Intercontinental Hotels Group in a research note on Thursday. Zacks Research raised shares of Intercontinental Hotels Group from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 26th. Weiss Ratings restated a "buy (b)" rating on shares of Intercontinental Hotels Group in a research report on Friday, August 21st. Finally, UBS Group upgraded shares of Intercontinental Hotels Group from a "neutral" rating to a "buy" rating and set a $188.00 target price on the stock in a report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $179.00.

Intercontinental Hotels Group Price Performance

IHG stock opened at $162.28 on Friday. The firm has a fifty day moving average price of $160.10 and a 200 day moving average price of $157.80. Intercontinental Hotels Group has a fifty-two week low of $120.16 and a fifty-two week high of $175.89.

Intercontinental Hotels Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, October 1st. Investors of record on Friday, August 21st were given a $0.6450 dividend. This is a decrease from Intercontinental Hotels Group's previous dividend of $1.2590. This represents a yield of 81.0%. The ex-dividend date was Friday, August 21st.

Key Stories Impacting Intercontinental Hotels Group

Here are the key news stories impacting Intercontinental Hotels Group this week:

• Positive Sentiment: IHG reported higher quarterly room revenue, supported by strong demand in the United States. The performance reinforces the company’s ability to grow through its Holiday Inn and other branded-hotel portfolios. Reuters: Holiday Inn-owner IHG posts rise in quarterly room revenue on strong US demand
• Positive Sentiment: Management reaffirmed its full-year outlook, indicating that resilient U.S. trading and the broader business remain strong enough to offset weaker conditions in the Middle East and China. Sharecast: IHG shrugs off weakness in Middle East and China to reaffirm outlook
• Positive Sentiment: The average analyst price target cited for IHG is $179, above the recent trading level, suggesting analysts see additional upside if operating momentum continues. Intercontinental Hotels Group stock has average price target of $179
• Neutral Sentiment: The Q3 sales and trading-call transcript provides further detail on regional performance, demand trends and management’s reaffirmed expectations, but does not appear to introduce a major change to the investment outlook. IHG Q3 2026 Sales and Trading Call Transcript
• Neutral Sentiment: An article explaining the paid InterContinental Ambassador loyalty status highlights customer benefits and costs. It may support engagement with IHG’s loyalty ecosystem, but has limited immediate earnings significance. Is InterContinental Ambassador status worth it?
• Negative Sentiment: Weakness in China and the Middle East remains a drag, while commentary that IHG’s U.S. expansion will not make European vacations cheaper points to regional pricing and affordability concerns that could restrain demand outside the U.S. Why IHG’s U.S. hotel boom won’t make your European vacation cheaper

About Intercontinental Hotels Group

InterContinental Hotels Group PLC NYSE: IHG is a global hospitality company that owns, manages, franchises and licenses a portfolio of hotel brands. Its brands include InterContinental, Regent, Six Senses, Kimpton, Crowne Plaza, voco, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, avid hotels and Garner.

IHG serves business and leisure travelers across a broad range of lodging segments, from luxury and lifestyle hotels to full-service, upscale, midscale and extended-stay accommodations.

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