The InterGroup (NASDAQ:INTG) Research Coverage Started at StockNews.com

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

The InterGroup Price Performance

Shares of INTG opened at $12.79 on Thursday. The firm has a market cap of $27.56 million, a P/E ratio of -2.79 and a beta of 0.29. The InterGroup has a 1 year low of $10.70 and a 1 year high of $25.08. The stock has a 50 day simple moving average of $13.01 and a two-hundred day simple moving average of $14.10.

The InterGroup (NASDAQ:INTG) last released 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.

Institutional Investors Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC raised its stake in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 343,949 shares of the financial services provider’s stock after purchasing an additional 1,959 shares during the quarter. PFG Investments LLC owned 15.85% of The InterGroup worth $4,908,000 at the end of the most recent quarter. Institutional investors and hedge funds own 3.36% of the company’s stock.

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.