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

StockNews.com initiated coverage on shares of The InterGroup (NASDAQ:INTG) in a research report sent to investors on Wednesday. The firm issued a hold rating on the financial services provider’s stock.

The InterGroup Trading Down 2.2 %

The InterGroup stock opened at $12.29 on Wednesday. The firm has a 50-day moving average of $13.21 and a 200-day moving average of $14.37. The firm has a market cap of $26.48 million, a P/E ratio of -2.68 and a beta of 0.29. The InterGroup has a 1-year low of $10.70 and a 1-year high of $25.08.

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

Insider Buying and Selling at The InterGroup

In other The InterGroup news, Director John C. Love sold 10,485 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $14.25, for a total transaction of $149,411.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 lifted its position in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 343,949 shares of the financial services provider’s stock after acquiring an additional 1,959 shares during the period. PFG Investments LLC owned approximately 15.85% of The InterGroup worth $4,908,000 as of its most recent filing with the Securities & Exchange Commission. 3.36% of the stock is currently owned by institutional investors.

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.