The InterGroup (NASDAQ:INTG) Earns Hold Rating from Analysts at StockNews.com

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

The InterGroup Price Performance

Shares of NASDAQ INTG opened at $12.36 on Wednesday. The stock has a fifty day moving average price of $14.01 and a 200 day moving average price of $16.10. The InterGroup has a 1-year low of $11.75 and a 1-year high of $25.40. The company has a market cap of $26.82 million, a PE ratio of -3.08 and a beta of 0.26.

Insider Buying and Selling at The InterGroup

In other The InterGroup news, Director John C. Love sold 10,485 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $14.25, for a total value of $149,411.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 81.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On The InterGroup

A hedge fund recently raised its stake in The InterGroup stock. PFG Investments LLC boosted its stake in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 343,949 shares of the financial services provider’s stock after buying an additional 1,959 shares during the quarter. PFG Investments LLC owned 15.85% of The InterGroup worth $4,908,000 as of its most recent filing with the Securities and Exchange Commission. 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.