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

Research analysts at StockNews.com started coverage on shares of The InterGroup (NASDAQ:INTG) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.

The InterGroup Price Performance

The InterGroup stock opened at $13.08 on Tuesday. The firm has a market cap of $28.17 million, a price-to-earnings ratio of -2.86 and a beta of 0.11. The firm has a fifty day moving average price of $12.79 and a two-hundred day moving average price of $13.56. The InterGroup has a fifty-two week low of $10.70 and a fifty-two week high of $24.67.

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

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC lifted its stake in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 343,949 shares of the financial services provider’s stock after buying an additional 1,959 shares during the period. PFG Investments LLC owned about 15.85% of The InterGroup worth $4,908,000 at the end of the most recent reporting period. Hedge funds and other 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.