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

StockNews.com started coverage on shares of The InterGroup (NASDAQ:INTG) in a report issued on Monday morning. The brokerage issued a hold rating on the financial services provider’s stock.

The InterGroup Stock Up 9.4 %

Shares of NASDAQ INTG opened at $12.21 on Monday. The InterGroup has a 52 week low of $10.70 and a 52 week high of $25.30. The firm’s fifty day moving average is $13.61 and its 200 day moving average is $14.77. The company has a market cap of $26.31 million, a price-to-earnings ratio of -2.67 and a beta of 0.25.

The InterGroup (NASDAQ:INTG) last issued its 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.

Insider Buying and Selling

In related news, Director John C. Love sold 10,485 shares of The InterGroup stock in a transaction on 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 legal filing with the SEC, which is available at the SEC website. 81.90% of the stock is owned by insiders.

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC boosted its stake in The InterGroup Co. (NASDAQ:INTG) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 343,949 shares of the financial services provider’s stock after acquiring 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 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.