The InterGroup (NASDAQ:INTG) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of The InterGroup (NASDAQ:INTG) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the financial services provider’s stock.

The InterGroup Trading Down 0.1 %

NASDAQ:INTG opened at $14.27 on Friday. The business’s 50-day moving average is $14.20 and its 200 day moving average is $17.14. The InterGroup has a 12 month low of $13.10 and a 12 month high of $26.68. The company has a market capitalization of $30.94 million, a P/E ratio of -3.56 and a beta of 0.28.

The InterGroup (NASDAQ:INTG) last posted its earnings results on Monday, September 30th. The financial services provider reported ($1.70) EPS for the quarter. The firm had revenue of $13.43 million during the quarter.

Insiders Place Their Bets

In other news, Director John C. Love sold 10,485 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $14.25, for a total value of $149,411.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 81.90% of the company’s stock.

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its position in The InterGroup Co. (NASDAQ:INTG) by 2.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 330,688 shares of the financial services provider’s stock after acquiring an additional 7,859 shares during the quarter. PFG Investments LLC owned about 15.12% of The InterGroup worth $6,825,000 at the end of the most recent reporting period. 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.