Intergroup (NASDAQ:INTG) Given Sell (D-) Rating at Weiss Ratings

Weiss Ratings reaffirmed their sell (d-) rating on shares of Intergroup (NASDAQ:INTG) in a report released on Tuesday,Weiss Ratings reports.

Intergroup Stock Up 12.6%

Shares of INTG stock opened at $27.03 on Tuesday. The firm has a market capitalization of $58.22 million, a P/E ratio of -10.94 and a beta of 0.15. Intergroup has a twelve month low of $9.57 and a twelve month high of $27.33. The stock’s fifty day simple moving average is $17.18 and its 200 day simple moving average is $14.00.

Intergroup (NASDAQ:INTG) last issued its quarterly earnings data on Tuesday, September 30th. The financial services provider reported ($0.76) earnings per share for the quarter. The company had revenue of $16.21 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Intergroup stock. Qube Research & Technologies Ltd boosted its stake in shares of The Intergroup Corporation (NASDAQ:INTG) by 11.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,795 shares of the financial services provider’s stock after buying an additional 2,636 shares during the quarter. Qube Research & Technologies Ltd owned approximately 1.15% of Intergroup worth $298,000 as of its most recent SEC filing. Institutional investors and hedge funds own 3.36% of the company’s stock.

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.