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

StockNews.com assumed coverage on shares of The InterGroup (NASDAQ:INTG) in a research note published on Thursday morning. The firm issued a hold rating on the financial services provider’s stock.

The InterGroup Price Performance

Shares of NASDAQ:INTG opened at $12.88 on Thursday. The business’s 50-day moving average is $13.04 and its 200 day moving average is $14.17. The InterGroup has a 1 year low of $10.70 and a 1 year high of $25.08. The firm has a market capitalization of $27.76 million, a P/E ratio of -2.81 and a beta of 0.29.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC lifted its position in The InterGroup Co. (NASDAQ:INTG) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 and Exchange Commission (SEC). 3.36% of the stock is currently owned by institutional investors and hedge funds.

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.