Intercontinental Hotels Group (LON:IHG) insider Patrick Cescau acquired 3,780 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were bought at an average price of GBX 2,648 ($34.83) per share, with a total value of £100,094.40 ($131,668.51).
LON IHG opened at GBX 3,430 ($45.12) on Friday. The stock’s 50 day moving average is GBX 4,123.62 and its 200 day moving average is GBX 4,709.04. Intercontinental Hotels Group has a 12 month low of GBX 2,161 ($28.43) and a 12 month high of GBX 5,770 ($75.90). The stock has a market cap of $6.24 billion and a PE ratio of 16.40.
The firm also recently declared a dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, April 2nd will be paid a $0.86 dividend. This represents a yield of 1.37%. This is an increase from Intercontinental Hotels Group’s previous dividend of $0.40. The ex-dividend date is Thursday, April 2nd. Intercontinental Hotels Group’s dividend payout ratio is presently 0.47%.
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, resorts, and restaurants under the InterContinental, KIMPTON, Hotel Indigo, EVEN HOTELS, HUALUXE, Crowne Plaza, Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, Holiday Inn Resort, avid, Staybridge Suites, Candlewood Suites, and InterContinental Hotels & Resorts brands.
Further Reading: Price-Sales Ratio
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