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

Analysts at StockNews.com started coverage on shares of The InterGroup (NASDAQ:INTG) in a research report issued on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

The InterGroup Stock Down 1.1 %

INTG stock opened at $11.16 on Monday. The InterGroup has a 52 week low of $10.70 and a 52 week high of $25.30. The firm has a 50 day moving average of $13.68 and a 200 day moving average of $14.81. The stock has a market capitalization of $24.05 million, a PE ratio of -2.44 and a beta of 0.25.

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 during the quarter.

Insider Activity at The InterGroup

In other news, Director John C. Love sold 10,485 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $14.25, for a total transaction of $149,411.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 81.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC boosted its position in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing 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 about 15.85% of The InterGroup worth $4,908,000 at the end of the most recent reporting period. Institutional investors own 3.36% of the company’s stock.

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.