Intergroup (NASDAQ:INTG) Upgraded to Sell at Wall Street Zen

Intergroup (NASDAQ:INTG) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a research report issued on Friday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Intergroup in a research note on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Intergroup Trading Down 1.4%

Shares of NASDAQ:INTG opened at $30.58 on Friday. The firm’s 50 day moving average is $29.82 and its two-hundred day moving average is $18.97. The firm has a market capitalization of $65.72 million, a P/E ratio of -12.38 and a beta of 0.22. Intergroup has a 52 week low of $9.57 and a 52 week high of $42.50.

Intergroup (NASDAQ:INTG) last issued its quarterly earnings data on Wednesday, November 12th. The financial services provider reported ($0.25) earnings per share (EPS) for the quarter. The company had revenue of $17.91 million during the quarter.

Institutional Trading of Intergroup

A hedge fund recently raised its stake in Intergroup stock. Qube Research & Technologies Ltd grew its position in The Intergroup Corporation (NASDAQ:INTG) by 11.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter. 3.36% of the stock is owned by institutional investors.

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.