The InterGroup (NASDAQ:INTG) Stock Rating Upgraded by StockNews.com

The InterGroup (NASDAQ:INTG) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a report issued on Friday.

The InterGroup Stock Performance

Shares of INTG opened at $13.81 on Friday. The company has a market capitalization of $29.97 million, a price-to-earnings ratio of -3.44 and a beta of 0.32. The InterGroup has a fifty-two week low of $13.10 and a fifty-two week high of $28.85. The firm has a 50-day simple moving average of $14.91 and a 200-day simple moving average of $18.53.

The InterGroup (NASDAQ:INTG) last announced its quarterly earnings data on Monday, September 30th. The financial services provider reported ($1.70) earnings per share for the quarter. The company 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 raised its stake in The InterGroup Co. (NASDAQ:INTG) by 3.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 341,990 shares of the financial services provider’s stock after buying an additional 11,302 shares during the period. PFG Investments LLC owned approximately 15.64% of The InterGroup worth $5,280,000 at the end of the most recent reporting period. Institutional investors 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.