Published on 2 May 2024 on Simply Wall St. via Yahoo Finance
Institutional owners may ignore InterContinental Hotels Group PLC's (LON:IHG) recent UK£409m market...
Key Insights
Institutions' substantial holdings in InterContinental Hotels Group implies that they have significant influence over the company's share priceA total of 11 investors have a majority stake in the company with 50% ownership Insiders have been selling lately
If you want to know who really controls InterContinental Hotels Group PLC (LON:IHG), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 80% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).