Intercontinental Hotels Group (NYSE:IHG) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Intercontinental Hotels Group (IHG) shares rose above their 200‑day moving average (200‑day MA $124.45), trading as high as $141.12 and last at $140.46, with the 50‑day MA at $133.51 — a short‑term bullish technical signal.
• Analyst sentiment is mixed: three Buys, three Holds and one Sell leave IHG with an average rating of "Hold", though recent notable upgrades include Jefferies (to Buy) and JPMorgan (to Overweight).
• Institutional investors have been adding shares — notably Millennium Management (+170.5%) and Goldman Sachs (now 668,948 shares) — and institutions own about 15.09% of the stock.

Intercontinental Hotels Group (NYSE:IHG - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $124.45 and traded as high as $141.12. Intercontinental Hotels Group shares last traded at $140.46, with a volume of 153,440 shares trading hands.

Analyst Ratings Changes

Several brokerages have recently issued reports on IHG. Jefferies Financial Group raised shares of Intercontinental Hotels Group from a "hold" rating to a "buy" rating in a report on Friday, December 12th. JPMorgan Chase & Co. upgraded Intercontinental Hotels Group from a "neutral" rating to an "overweight" rating in a research report on Friday, September 26th. Wall Street Zen lowered Intercontinental Hotels Group from a "buy" rating to a "hold" rating in a research report on Monday, October 27th. Morgan Stanley upgraded Intercontinental Hotels Group from an "underweight" rating to an "equal weight" rating in a research note on Wednesday, October 1st. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Intercontinental Hotels Group in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Intercontinental Hotels Group presently has an average rating of "Hold".

Intercontinental Hotels Group Stock Down 0.3%

The company's 50 day moving average price is $133.51 and its 200 day moving average price is $124.45.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IHG. Vident Advisory LLC raised its holdings in Intercontinental Hotels Group by 34.3% during the first quarter. Vident Advisory LLC now owns 6,045 shares of the company's stock worth $663,000 after acquiring an additional 1,543 shares in the last quarter. Millennium Management LLC increased its position in shares of Intercontinental Hotels Group by 170.5% in the first quarter. Millennium Management LLC now owns 305,177 shares of the company's stock worth $33,444,000 after purchasing an additional 192,342 shares during the period. Jones Financial Companies Lllp increased its stake in Intercontinental Hotels Group by 228.2% in the first quarter. Jones Financial Companies Lllp now owns 4,844 shares of the company's stock valued at $531,000 after acquiring an additional 3,368 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Intercontinental Hotels Group by 2.5% in the first quarter. Goldman Sachs Group Inc. now owns 668,948 shares of the company's stock valued at $73,310,000 after acquiring an additional 16,461 shares during the last quarter. Finally, Aaron Wealth Advisors LLC lifted its stake in Intercontinental Hotels Group by 11.1% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 2,495 shares of the company's stock valued at $288,000 after purchasing an additional 250 shares during the last quarter. Institutional investors and hedge funds own 15.09% of the company's stock.

Intercontinental Hotels Group Company Profile

Intercontinental Hotels Group plc (IHG) is a multinational hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. The company operates across full-service luxury and upscale segments as well as midscale and extended-stay categories, providing lodging, food and beverage, meeting and event services, and related guest amenities. IHG's business model emphasizes brand franchising and management agreements, while retaining ownership or direct investments in a smaller portion of its global property portfolio.

IHG's brand portfolio spans global and regional names designed to serve different traveler needs and market segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.