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

StockNews.com initiated coverage on shares of The InterGroup (NASDAQ:INTG) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the financial services provider’s stock.

The InterGroup Stock Performance

The InterGroup stock opened at $12.79 on Thursday. The InterGroup has a fifty-two week low of $10.70 and a fifty-two week high of $25.08. The stock has a market cap of $27.56 million, a price-to-earnings ratio of -2.79 and a beta of 0.29. The stock’s 50 day simple moving average is $13.01 and its two-hundred day simple moving average is $14.10.

The InterGroup (NASDAQ:INTG) last posted its quarterly earnings data 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.

Hedge Funds Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its position in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 343,949 shares of the financial services provider’s stock after buying an additional 1,959 shares during the period. PFG Investments LLC owned approximately 15.85% of The InterGroup worth $4,908,000 as of its most recent SEC filing. 3.36% of the stock is owned by 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.