The InterGroup (NASDAQ:INTG) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of The InterGroup (NASDAQ:INTG) in a report published on Sunday morning. The brokerage issued a hold rating on the financial services provider’s stock.

The InterGroup Stock Performance

The InterGroup stock opened at $12.88 on Friday. The stock has a market cap of $27.83 million, a P/E ratio of -2.81 and a beta of 0.25. The InterGroup has a fifty-two week low of $11.75 and a fifty-two week high of $25.30. The firm’s fifty day moving average price is $13.82 and its 200-day moving average price is $14.97.

The InterGroup (NASDAQ:INTG) last released its quarterly earnings results on Friday, February 14th. The financial services provider reported ($1.26) earnings per share for the quarter. The business had revenue of $14.44 million during the quarter.

Insiders Place Their Bets

In other The InterGroup news, Director John C. Love sold 10,485 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $14.25, for a total transaction of $149,411.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 81.90% of the company’s stock.

Hedge Funds Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC boosted its position in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 343,949 shares of the financial services provider’s stock after buying an additional 1,959 shares during the quarter. PFG Investments LLC owned approximately 15.85% of The InterGroup worth $4,908,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 3.36% of the stock is currently owned by institutional investors and hedge funds.

The InterGroup Company Profile

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.