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

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

The InterGroup Stock Performance

Shares of INTG stock opened at $14.20 on Friday. The company has a market capitalization of $30.79 million, a P/E ratio of -3.54 and a beta of 0.28. The InterGroup has a 52 week low of $13.10 and a 52 week high of $26.68. The company’s 50 day moving average price is $14.19 and its two-hundred day moving average price is $17.05.

The InterGroup (NASDAQ:INTG) last posted its quarterly earnings data on Monday, September 30th. The financial services provider reported ($1.70) EPS for the quarter. The company had revenue of $13.43 million for the quarter.

Insider Transactions at The InterGroup

In other news, Director John C. Love sold 10,485 shares of the stock in a transaction that occurred on 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 document filed with the SEC, which is available at the SEC website. Company insiders own 81.90% of the company’s stock.

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC raised its position in shares of The InterGroup Co. (NASDAQ:INTG) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,688 shares of the financial services provider’s stock after purchasing an additional 7,859 shares during the period. PFG Investments LLC owned approximately 15.12% of The InterGroup worth $6,825,000 at the end of the most recent reporting period. 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.