The InterGroup (NASDAQ:INTG) Downgraded to Sell Rating by StockNews.com

StockNews.com downgraded shares of The InterGroup (NASDAQ:INTG) from a hold rating to a sell rating in a report released on Thursday morning.

The InterGroup Stock Down 0.4 %

Shares of NASDAQ:INTG opened at $14.34 on Thursday. The company has a market cap of $31.12 million, a P/E ratio of -3.58 and a beta of 0.32. The company’s fifty day moving average is $15.35 and its two-hundred day moving average is $18.75. The InterGroup has a 12-month low of $13.65 and a 12-month high of $28.85.

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

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC boosted its holdings in shares of The InterGroup Co. (NASDAQ:INTG) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 341,990 shares of the financial services provider’s stock after acquiring an additional 11,302 shares during the quarter. PFG Investments LLC owned approximately 15.64% of The InterGroup worth $5,280,000 at the end of the most recent reporting period. 3.36% of the stock is 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.