The InterGroup (NASDAQ:INTG) Upgraded by StockNews.com to Hold Rating

StockNews.com upgraded shares of The InterGroup (NASDAQ:INTG) from a sell rating to a hold rating in a report issued on Friday.

The InterGroup Price Performance

Shares of INTG stock opened at $13.81 on Friday. The InterGroup has a 1-year low of $13.10 and a 1-year high of $28.85. The company has a market cap of $29.94 million, a price-to-earnings ratio of -3.44 and a beta of 0.32. The stock has a 50 day simple moving average of $14.91 and a 200-day simple moving average of $18.51.

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

Hedge Funds Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC raised its position in The InterGroup Co. (NASDAQ:INTG) by 3.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 341,990 shares of the financial services provider’s stock after purchasing an additional 11,302 shares during the period. PFG Investments LLC owned 15.64% of The InterGroup worth $5,280,000 at the end of the most recent quarter. Hedge funds and other 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.