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

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

The InterGroup Stock Down 0.1 %

Shares of NASDAQ INTG opened at $12.94 on Friday. The business has a 50 day moving average price of $12.98 and a two-hundred day moving average price of $13.94. The InterGroup has a fifty-two week low of $10.70 and a fifty-two week high of $24.67. The firm has a market cap of $27.89 million, a PE ratio of -2.83 and a beta of 0.29.

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

Institutional Trading of The InterGroup

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

About The InterGroup

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.