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

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

The InterGroup Stock Down 0.6 %

INTG opened at $13.97 on Friday. The company has a market cap of $30.29 million, a P/E ratio of -3.48 and a beta of 0.28. The firm’s 50-day moving average price is $14.28 and its 200-day moving average price is $17.27. The InterGroup has a 52-week low of $13.10 and a 52-week high of $26.68.

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

Hedge Funds Weigh In On The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC lifted its holdings in The InterGroup Co. (NASDAQ:INTG) by 3.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,990 shares of the financial services provider’s stock after buying an additional 11,302 shares during the quarter. PFG Investments LLC owned 15.64% of The InterGroup worth $5,280,000 as of its most recent SEC filing. 3.36% of the stock is currently owned by institutional investors and hedge funds.

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.