The InterGroup (NASDAQ:INTG) Raised to “Hold” at StockNews.com

StockNews.com upgraded shares of The InterGroup (NASDAQ:INTG) from a sell rating to a hold rating in a research note published on Friday.

The InterGroup Trading Up 0.2 %

NASDAQ INTG opened at $13.84 on Friday. The business’s 50 day moving average is $14.91 and its two-hundred day moving average is $18.51. The stock has a market capitalization of $30.03 million, a price-to-earnings ratio of -3.45 and a beta of 0.32. The InterGroup has a 12-month low of $13.10 and a 12-month high of $28.85.

The InterGroup (NASDAQ:INTG) last released its quarterly earnings data on Monday, September 30th. The financial services provider reported ($1.70) earnings per share (EPS) for the quarter. The business had revenue of $13.43 million during the quarter.

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its stake in shares of The InterGroup Co. (NASDAQ:INTG) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 341,990 shares of the financial services provider’s stock after acquiring an additional 11,302 shares during the period. PFG Investments LLC owned about 15.64% of The InterGroup worth $5,280,000 at the end of the most recent reporting period. 3.36% of the stock is owned by institutional investors and hedge funds.

About The InterGroup

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.