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

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

The InterGroup Trading Down 1.4 %

Shares of NASDAQ INTG opened at $14.10 on Friday. The business has a 50 day simple moving average of $14.46 and a 200-day simple moving average of $17.75. 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 price-to-earnings ratio of -3.52 and a beta of 0.28.

The InterGroup (NASDAQ:INTG) last released its earnings results on Monday, September 30th. The financial services provider reported ($1.70) earnings per share for the quarter. The business had revenue of $13.43 million for the quarter.

Institutional Investors Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC boosted its position in The InterGroup Co. (NASDAQ:INTG) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 341,990 shares of the financial services provider’s stock after purchasing an additional 11,302 shares during the quarter. PFG Investments LLC owned about 15.64% of The InterGroup worth $5,280,000 at the end of the most recent quarter. 3.36% of the stock is owned by institutional investors.

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.