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

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

The InterGroup Stock Up 1.9 %

Shares of The InterGroup stock opened at $12.88 on Thursday. The stock’s fifty day moving average is $13.04 and its two-hundred day moving average is $14.17. The InterGroup has a 52 week low of $10.70 and a 52 week high of $25.08. The company has a market capitalization of $27.76 million, a PE ratio of -2.81 and a beta of 0.29.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its position in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and 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 at the end of the most recent reporting period. Institutional investors own 3.36% of the company’s stock.

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.