Notable Runner: Intergroup Corp (NASDAQ:INTG) First Quarter Institutional Investor Sentiment Steady

November 22, 2016 - By Hazel Jackson   ·   0 Comments

Notable Runner: Intergroup Corp (NASDAQ:INTG) First Quarter Institutional Investor Sentiment Steady

Sentiment for Intergroup Corp (NASDAQ:INTG)

Intergroup Corp (NASDAQ:INTG) institutional sentiment increased to 1 in 2016 Q2. Its up 0.33, from 0.67 in 2016Q1. The ratio is positive, as 2 investment professionals opened new and increased positions, while 3 sold and trimmed stock positions in Intergroup Corp. The investment professionals in our partner’s database reported: 176,770 shares, up from 173,511 shares in 2016Q1. Also, the number of investment professionals holding Intergroup Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 1 Increased: 2 New Position: 0.

The InterGroup Corporation is engaged in buying, developing, operating, rehabilitating and disposing of real property of various types and descriptions, and engaged in such other business and investment activities. The company has a market cap of $53.74 million. The Firm operates in three divisions: Hotel Operations, which is engaged in the operation of the Hilton San Francisco Financial District (the Hotel) and operation of the garage; Real Estate Operations, which is engaged in the operation of its multi-family residential properties, and Investment Transactions, which includes the investment of its cash in marketable securities and other investments. It currently has negative earnings. The San Francisco hotel property is owned indirectly by Justice Investors Limited Partnership (the Partnership) through its subsidiary, Justice Operating Company, LLC.

The stock closed at $23.4 during the last session. It is down 8.23% since April 20, 2016 and is downtrending. It has underperformed by 12.78% the S&P500.

According to Zacks Investment Research, “Intergroup Corp. was organized to buy, develop, operate, rehabilitate and dispose of real property of various types and descriptions, and to engage in such other business and investment activities as would benefit the company and its shareholders. The company was founded upon, and remains committed to, social responsibility. Such social responsibility was originally defined as providing decent and affordable housing to people without regard to race.”

Van Den Berg Management I Inc holds 0.49% of its portfolio in InterGroup Corp for 148,702 shares. Blackrock Fund Advisors owns 126 shares or 0% of their US portfolio. Moreover, Blackrock Investment Management Llc has 0% invested in the company for 131 shares. The Texas-based Dimensional Fund Advisors Lp has invested 0% in the stock. Morgan Stanley, a New York-based fund reported 100 shares.#img1#

INTG Company Profile

The InterGroup Corporation (InterGroup), incorporated on September 11, 1985, is engaged in buying, developing, operating, rehabilitating and disposing of real property of various types and descriptions, and engaged in such other business and investment activities. The Firm operates in three divisions: Hotel Operations, which is engaged in the operation of the Hilton San Francisco Financial District (the Hotel) and operation of the garage; Real Estate Operations, which is engaged in the operation of its multi-family residential properties, and Investment Transactions, which includes the investment of its cash in marketable securities and other investments.

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By Hazel Jackson


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