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

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

The InterGroup Stock Up 1.6 %

Shares of NASDAQ INTG opened at $12.88 on Friday. The firm’s fifty day moving average is $13.82 and its 200 day moving average is $14.97. The InterGroup has a 52 week low of $11.75 and a 52 week high of $25.30. The company has a market cap of $27.83 million, a price-to-earnings ratio of -2.81 and a beta of 0.25.

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

Insider Buying and Selling at The InterGroup

In other news, Director John C. Love sold 10,485 shares of The InterGroup stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $14.25, for a total value of $149,411.25. The sale was disclosed in a document filed with the SEC, which is available through this link. 81.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC raised its stake in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 343,949 shares of the financial services provider’s stock after purchasing an additional 1,959 shares during the quarter. PFG Investments LLC owned approximately 15.85% of The InterGroup worth $4,908,000 at the end of the most recent reporting period. 3.36% of the stock is currently owned by institutional investors and hedge funds.

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.