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

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

The InterGroup Stock Down 0.1 %

NASDAQ:INTG opened at $14.27 on Friday. The firm’s fifty day simple moving average is $14.20 and its 200-day simple moving average is $17.12. The stock has a market cap of $30.94 million, a PE ratio of -3.56 and a beta of 0.28. The InterGroup has a fifty-two week low of $13.10 and a fifty-two week 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 (EPS) for the quarter. The business had revenue of $13.43 million for the quarter.

Insider Buying and Selling

In other news, Director John C. Love sold 10,485 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $14.25, for a total transaction of $149,411.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 81.90% of the company’s stock.

Institutional Investors Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC lifted its holdings in shares of The InterGroup Co. (NASDAQ:INTG) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 341,990 shares of the financial services provider’s stock after acquiring an additional 11,302 shares during the quarter. PFG Investments LLC owned about 15.64% of The InterGroup worth $5,280,000 as of its most recent filing with the Securities and Exchange Commission. 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.