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

Equities research analysts at StockNews.com began coverage on shares of The InterGroup (NASDAQ:INTG) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the financial services provider’s stock.

The InterGroup Stock Performance

INTG stock opened at $13.51 on Wednesday. The firm has a market cap of $29.32 million, a PE ratio of -3.37 and a beta of 0.26. The InterGroup has a one year low of $12.00 and a one year high of $25.89. The firm’s 50 day moving average price is $14.12 and its 200-day moving average price is $16.22.

Insider Transactions at The InterGroup

In other The InterGroup news, Director John C. Love sold 10,485 shares of the company’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 can be accessed through the SEC website. Company insiders own 81.90% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its position in shares of The InterGroup Co. (NASDAQ:INTG) by 3.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 341,990 shares of the financial services provider’s stock after purchasing an additional 11,302 shares during the period. PFG Investments LLC owned approximately 15.64% of The InterGroup worth $5,280,000 as of its most recent SEC filing. 3.36% of the stock is owned by institutional investors.

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.