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

Equities researchers at StockNews.com started coverage on shares of The InterGroup (NASDAQ:INTG) in a research report issued on Monday. The firm set a “hold” rating on the financial services provider’s stock.

The InterGroup Trading Down 0.1 %

Shares of NASDAQ:INTG opened at $14.10 on Monday. The InterGroup has a 12 month low of $13.10 and a 12 month high of $26.68. The stock has a market cap of $30.57 million, a P/E ratio of -3.52 and a beta of 0.28. The company has a 50 day moving average of $14.21 and a 200 day moving average of $16.84.

Insider Transactions at The InterGroup

In other news, Director John C. Love sold 10,485 shares of The InterGroup stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $14.25, for a total transaction of $149,411.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 boosted its position in The InterGroup Co. (NASDAQ:INTG) by 3.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 15.64% of The InterGroup worth $5,280,000 as of its most recent filing with the Securities & Exchange Commission. 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.