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

Stock analysts at StockNews.com began coverage on shares of The InterGroup (NASDAQ:INTG) in a report released on Saturday. The firm set a “hold” rating on the financial services provider’s stock.

The InterGroup Stock Performance

Shares of INTG opened at $13.79 on Friday. The InterGroup has a 52 week low of $10.70 and a 52 week high of $24.67. The stock has a 50 day moving average price of $12.97 and a two-hundred day moving average price of $13.81. The firm has a market capitalization of $29.72 million, a P/E ratio of -3.01 and a beta of 0.17.

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

Institutional Trading of The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC increased its stake in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund 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 as of its most recent SEC filing. 3.36% of the stock is currently owned by hedge funds and other 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.