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

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

The InterGroup Stock Performance

INTG stock opened at $12.36 on Wednesday. The stock has a market cap of $26.64 million, a P/E ratio of -2.70 and a beta of 0.29. The firm has a 50 day simple moving average of $13.15 and a 200 day simple moving average of $14.32. The InterGroup has a 52 week low of $10.70 and a 52 week high of $25.08.

The InterGroup (NASDAQ:INTG) last posted its quarterly earnings results on Friday, February 14th. The financial services provider reported ($1.26) 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 boosted its holdings in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 343,949 shares of the financial services provider’s stock after acquiring an additional 1,959 shares during the quarter. PFG Investments LLC owned approximately 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.