The InterGroup (NASDAQ:INTG) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of The InterGroup (NASDAQ:INTG) in a report released on Sunday. The firm set a “hold” rating on the financial services provider’s stock.

The InterGroup Trading Down 7.2 %

The InterGroup stock opened at $12.62 on Friday. The firm has a market capitalization of $27.26 million, a price-to-earnings ratio of -2.76 and a beta of 0.25. The firm’s fifty day moving average price is $13.87 and its two-hundred day moving average price is $15.07. The InterGroup has a 1-year low of $11.75 and a 1-year high of $25.30.

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

Insider Activity

In related news, Director John C. Love sold 10,485 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $14.25, for a total transaction of $149,411.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 lifted its position in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 343,949 shares of the financial services provider’s stock after purchasing an additional 1,959 shares during the period. PFG Investments LLC owned 15.85% of The InterGroup worth $4,908,000 at the end of the most recent quarter. 3.36% of the stock is currently owned by hedge funds and other 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.