Intergroup (NASDAQ:INTG – Get Free Report) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, Wall Street Zen reports.
Separately, Weiss Ratings raised Intergroup from a “sell (d-)” rating to a “hold (c-)” rating in a report on Tuesday, September 29th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has a consensus rating of “Hold”.
View Our Latest Analysis on INTG
Intergroup Price Performance
NASDAQ INTG opened at $32.21 on Monday. Intergroup has a 1 year low of $24.96 and a 1 year high of $52.00. The company has a market capitalization of $69.25 million, a PE ratio of 45.37 and a beta of 0.06. The company has a fifty day moving average of $34.18 and a two-hundred day moving average of $36.35.
Intergroup (NASDAQ:INTG – Get Free Report) last issued its quarterly earnings data on Monday, September 28th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. Intergroup had a negative return on equity of 1.43% and a net margin of 2.22%. The company had revenue of $18.36 million for the quarter.
Hedge Funds Weigh In On Intergroup
A hedge fund recently bought a new position in Intergroup stock. BlackRock Inc. purchased a new stake in The Intergroup Corporation (NASDAQ:INTG – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,216 shares of the financial services provider’s stock, valued at approximately $106,000. BlackRock Inc. owned about 0.10% of Intergroup at the end of the most recent reporting period. 3.36% of the stock is currently owned by institutional investors and hedge funds.
About Intergroup
The InterGroup Corporation is a diversified holding company focused primarily on real estate investment, development and management. Through its subsidiaries and affiliated companies, it has been involved in residential and commercial properties, property management activities and hotel operations.
The company’s real estate interests have included income-producing properties and hospitality assets in the United States. Its activities have historically included ownership, operation and development of properties, as well as investments in real estate-related businesses and securities.
The InterGroup Corporation is headquartered in Los Angeles, California.
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