InterContinental Hotels Group PLC’s (LON:IHG) recent 9.4% pullback adds to one-year year losses, institutional owners may take drastic measures
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Given the large stake in the stock by institutions, InterContinental Hotels Group’s stock price might be vulnerable to their trading decisions
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The top 12 shareholders own 50% of the company
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. The group holding the most number of shares in the company, around 79% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As a result, institutional…
