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

StockNews.com started coverage on shares of The InterGroup (NASDAQ:INTG) in a note issued to investors on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

The InterGroup Stock Down 0.9 %

NASDAQ INTG opened at $14.05 on Friday. The firm has a market cap of $30.46 million, a price-to-earnings ratio of -3.50 and a beta of 0.28. The company has a 50-day simple moving average of $14.31 and a two-hundred day simple moving average of $17.33. The InterGroup has a 12-month low of $13.10 and a 12-month high of $26.68.

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

Institutional Investors Weigh In On The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC lifted its stake in shares of The InterGroup Co. (NASDAQ:INTG) by 2.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 330,688 shares of the financial services provider’s stock after buying an additional 7,859 shares during the quarter. PFG Investments LLC owned about 15.12% of The InterGroup worth $6,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 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.