Grubman Wealth Management Trimmed Its Netflix (NFLX) Stake; InterContinental Hotels Group PLC (LON:IHG) Covered By 5 Bulls

May 21, 2018 - By Henry Gaston

Netflix, Inc. (NASDAQ:NFLX) Logo

Grubman Wealth Management decreased Netflix Inc (NFLX) stake by 73.45% reported in 2017Q4 SEC filing. Grubman Wealth Management sold 2,916 shares as Netflix Inc (NFLX)’s stock rose 58.31%. The Grubman Wealth Management holds 1,054 shares with $202,000 value, down from 3,970 last quarter. Netflix Inc now has $140.92 billion valuation. The stock decreased 0.32% or $1.04 during the last trading session, reaching $324.18. About 2.95 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since May 21, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Among 24 analysts covering InterContinental Hotels Group PLC (LON:IHG), 5 have Buy rating, 4 Sell and 15 Hold. Therefore 21% are positive. InterContinental Hotels Group PLC had 210 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of InterContinental Hotels Group PLC (LON:IHG) has “Sell” rating given on Friday, October 16 by UBS. On Friday, August 5 the stock rating was maintained by Barclays Capital with “Equal Weight”. JP Morgan maintained the stock with “Underweight” rating in Friday, February 24 report. The stock of InterContinental Hotels Group PLC (LON:IHG) earned “Hold” rating by HSBC on Friday, February 16. The company was maintained on Tuesday, October 20 by Societe Generale. The firm earned “Buy” rating on Wednesday, February 22 by Beaufort Securities. The firm has “Equal Weight” rating given on Monday, May 9 by Barclays Capital. Barclays Capital maintained InterContinental Hotels Group PLC (LON:IHG) rating on Thursday, November 16. Barclays Capital has “Equal Weight” rating and GBX 4000 target. Barclays Capital maintained it with “Equal Weight” rating and GBX 3060 target in Thursday, November 24 report. The rating was maintained by Credit Suisse on Tuesday, March 13 with “Outperform”. See InterContinental Hotels Group PLC (LON:IHG) latest ratings:

04/05/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 4950.00 Maintain
04/05/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 5500.00 Maintain
18/04/2018 Broker: Berenberg Rating: Hold Old Target: GBX 4500.00 New Target: GBX 4500.00 Maintain
29/03/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 4400.00 New Target: GBX 4400.00 Maintain
14/03/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 4950.00 New Target: GBX 4950.00 Maintain
13/03/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 5500.00 New Target: GBX 5500.00 Maintain
26/02/2018 Broker: Numis Securities Rating: Hold New Target: GBX 4700.00 Maintain
22/02/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 4360.00 New Target: GBX 4400.00 Maintain
21/02/2018 Broker: Kepler Cheuvreux Rating: Reduce Old Target: GBX 4300.00 New Target: GBX 4300.00 Maintain
21/02/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 5800.00 New Target: GBX 5500.00 Maintain

More news for InterContinental Hotels Group PLC (LON:IHG) were recently published by: Prnewswire.com, which released: “NOBLE and IHG® Announce the Opening of the Dual-Branded EVEN® Hotel and Staybridge Suites® Hotel South …” on April 24, 2018. Streetinsider.com‘s article titled: “Form 6-K INTERCONTINENTAL HOTELS For: Apr 23” and published on April 23, 2018 is yet another important article.

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels. The company has market cap of 9.15 billion GBP. It operates hotels, resorts, and restaurants under the InterContinental, Kimpton, Hotel Indigo, EVEN, HUALUXE, Holiday Inn, Holiday Inn Express, Staybridge Suites Hotels, Crowne Plaza, Holiday Inn Club Vacations, Holiday Inn Resort, and Candlewood Suites Hotels brand names. It has a 15.96 P/E ratio. The firm also manages IHG Rewards Club, a hotel loyalty program.

The stock increased 1.42% or GBX 68 during the last trading session, reaching GBX 4872. About 65,270 shares traded. InterContinental Hotels Group PLC (LON:IHG) has 0.00% since May 21, 2017 and is . It has underperformed by 11.55% the S&P500.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Seekingalpha.com which released: “I Could Still Be Wrong About Netflix” on May 16, 2018, also Livetradingnews.com with their article: “Netflix, Inc. (NASDAQ:NFLX) Time to Take Profits?” published on May 18, 2018, Seekingalpha.com published: “Danger Zone: Investors Who Trust Wall Street” on May 08, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Finance.Yahoo.com and their article: “Monday’s Vital Data: Apple Inc. (AAPL), Micron Technology, Inc. (MU) and Netflix, Inc. (NFLX)” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Netflix: Still A Strong Buy” with publication date: May 02, 2018.

Analysts await Netflix, Inc. (NASDAQ:NFLX) to report earnings on July, 16. They expect $0.80 EPS, up 433.33% or $0.65 from last year’s $0.15 per share. NFLX’s profit will be $347.75M for 101.31 P/E if the $0.80 EPS becomes a reality. After $0.64 actual EPS reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.19, from 1.12 in 2017Q3. It improved, as 53 investors sold NFLX shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported. Deutsche Bank & Trust Ag holds 0.1% or 834,113 shares in its portfolio. Evermay Wealth Lc has 1,055 shares. Mutual Of America Cap Management Ltd Liability Corporation owns 54,190 shares. The New York-based Lenox Wealth Advisors Incorporated has invested 0.01% in Netflix, Inc. (NASDAQ:NFLX). Atwood And Palmer Incorporated invested in 0.01% or 455 shares. Criterion Cap Management Limited Liability Corp has 408,379 shares. Goodman Fincl reported 850 shares. Gamco Investors Et Al reported 3,260 shares stake. 13,028 are held by Cetera Limited Co. Teachers Retirement Systems Of The State Of Kentucky holds 0.17% or 74,068 shares. Sands Capital Management Ltd Liability Corp holds 3.98% or 6.84M shares in its portfolio. Capstone Lc owns 1,400 shares. Signaturefd Limited Liability Company has 1,379 shares. Livingston Grp Asset (Operating As Southport Capital Management) invested in 3,851 shares or 0.28% of the stock. 268,390 are owned by Raymond James &.

Netflix, Inc. (NASDAQ:NFLX) Institutional Positions Chart

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