The InterGroup (NASDAQ:INTG) Now Covered by Analysts at StockNews.com

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

The InterGroup Stock Performance

Shares of INTG stock opened at $13.93 on Thursday. The business has a fifty day moving average of $13.94 and a 200 day moving average of $15.86. The InterGroup has a 1 year low of $11.75 and a 1 year high of $25.30.

Insider Buying and Selling

In other news, Director John C. Love sold 10,485 shares of the company’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $14.25, for a total value of $149,411.25. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 81.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its stake in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm 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 15.85% of The InterGroup worth $4,908,000 as of its most recent SEC filing. Institutional investors and hedge funds own 3.36% of the company’s stock.

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.