The InterGroup (NASDAQ:INTG) Research Coverage Started at StockNews.com

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

The InterGroup Stock Performance

NASDAQ INTG opened at $13.97 on Friday. The InterGroup has a fifty-two week low of $13.10 and a fifty-two week high of $26.68. The stock has a market cap of $30.29 million, a P/E ratio of -3.48 and a beta of 0.28. The stock has a 50 day simple moving average of $14.28 and a two-hundred day simple moving average of $17.27.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC grew its position in shares of The InterGroup Co. (NASDAQ:INTG) by 2.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 330,688 shares of the financial services provider’s stock after acquiring an additional 7,859 shares during the quarter. PFG Investments LLC owned about 15.12% of The InterGroup worth $6,825,000 at the end of the most recent reporting period. Institutional investors own 3.36% of the company’s stock.

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.