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

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

The InterGroup Stock Performance

The InterGroup stock opened at $13.95 on Thursday. The stock has a market capitalization of $30.24 million, a price-to-earnings ratio of -3.48 and a beta of 0.26. The InterGroup has a 52-week low of $11.75 and a 52-week high of $25.30. The stock’s 50 day moving average price is $13.95 and its two-hundred day moving average price is $15.80.

Insiders Place Their Bets

In other news, Director John C. Love sold 10,485 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $14.25, for a total transaction of $149,411.25. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 81.90% of the company’s stock.

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC lifted its holdings in shares of The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 343,949 shares of the financial services provider’s stock after acquiring an additional 1,959 shares during the period. PFG Investments LLC owned approximately 15.85% of The InterGroup worth $4,908,000 at the end of the most recent reporting period. 3.36% of the stock is owned by institutional investors.

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.