The InterGroup (NASDAQ:INTG) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of The InterGroup (NASDAQ:INTG) in a research note issued on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

The InterGroup Stock Down 0.1 %

The InterGroup stock opened at $14.10 on Monday. The firm has a 50 day moving average price of $14.21 and a 200-day moving average price of $16.84. The InterGroup has a twelve month low of $13.10 and a twelve month high of $26.68. The company has a market capitalization of $30.57 million, a P/E ratio of -3.52 and a beta of 0.28.

Insider Buying and Selling at The InterGroup

In other news, Director John C. Love sold 10,485 shares of The InterGroup stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $14.25, for a total value of $149,411.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 81.90% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its stake 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 Securities and Exchange Commission (SEC). The institutional investor owned 341,990 shares of the financial services provider’s stock after acquiring an additional 11,302 shares during the period. PFG Investments LLC owned 15.64% of The InterGroup worth $5,280,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 3.36% of the company’s stock.

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.