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

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

The InterGroup Stock Down 2.6 %

Shares of NASDAQ:INTG opened at $12.96 on Friday. The firm has a 50 day moving average of $12.86 and a 200 day moving average of $13.73. The company has a market capitalization of $27.92 million, a price-to-earnings ratio of -2.83 and a beta of 0.17. The InterGroup has a 52 week low of $10.70 and a 52 week high of $24.67.

The InterGroup (NASDAQ:INTG) last released 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 during the quarter.

Institutional Trading of The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC boosted its position in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 filing with the Securities & Exchange Commission. 3.36% of the stock is currently owned by institutional investors and hedge funds.

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.