The InterGroup (NASDAQ:INTG) Coverage Initiated by Analysts at StockNews.com

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

The InterGroup Stock Performance

INTG stock opened at $12.62 on Friday. The InterGroup has a 52-week low of $11.75 and a 52-week high of $25.30. The company has a market capitalization of $27.26 million, a P/E ratio of -2.76 and a beta of 0.25. The company has a fifty day moving average price of $13.87 and a 200-day moving average price of $15.04.

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

Insider Buying and Selling at The InterGroup

In other news, Director John C. Love sold 10,485 shares of the company’s stock in a transaction on Friday, December 20th. The shares were 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 SEC, which is available through this link. Insiders own 81.90% of the company’s stock.

Hedge Funds Weigh In On The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC grew its holdings in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% in the fourth quarter, according to the company in 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 acquiring an additional 1,959 shares during the period. PFG Investments LLC owned 15.85% of The InterGroup worth $4,908,000 as of its most recent SEC filing. 3.36% of the stock is owned by institutional investors.

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.