INTG Intergroup Corp

The InterGroup Corporation (“InterGroup” or the “Company” and may also be referred to as “we” “us” or “our” in this report) is a Delaware corporation formed in 1985, as the successor to Mutual Real Estate Investment Trust ("M-REIT"), a New York real estate investment trust created in 1965. The Company has been a publicly-held company since M-REIT's first public offering of shares in 1966.

Company profile

Ticker

INTG

Exchange

Incorporated in

Location

Fiscal year end

Industry (SEC)

Operators of Apartment Buildings

Phoenix Tree • Sunrise Real Estate • New England Realty Associates ...

SEC CIK

0000069422

Corporate docs

Articles of Incorporation & Bylaws

IRS number

133293645

Company financial data Financial data

Chart INTG financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	15.02M	18.74M	19.15M	18.3M
Net income	-3.06M	380K	644K	1.47M
Diluted EPS		0.09	0.13	0.3
Net profit margin	-20.37%	2.03%	3.36%	8.05%
Operating income	779K	3.11M	3.88M	3.6M
Net change in cash	-462K	-3.74M	357K	353K
Cash on hand	7.99M	8.46M	12.19M	11.84M
Cost of revenue				1.88M

Annual (USD)	Jun 19	Jun 18	Jun 17	Jun 16
Revenue	74.75M	71.58M	69.01M	72.9M
Net income	2.81M	5.81M	-1.68M	-9.27M
Diluted EPS	0.55	1.53	-0.7	-2.99
Net profit margin	3.76%	8.12%	-2.43%	-12.71%
Operating income	15.2M	21.57M	13M	5.6M
Net change in cash	3.78M	5.18M	-2.53M	-3.13M
Cash on hand	11.84M	8.05M	2.87M	5.4M
Cost of revenue	7.81M	7.58M	7.17M

Financial data from Intergroup earnings reports

Recent insider trades

INTG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	$Price	#Shares	$Value	#Remaining
26 Jun 20	Intergroup	COMMON STOCK	Buy	Aquire P	36	1,040	37.44K	99,602
19 Jun 20	Intergroup	COMMON STOCK	Buy	Aquire P	29.2	500	14.6K	1,121,170
24 Mar 20	Intergroup	COMMON STOCK	Buy	Aquire P	32.25	400	12.9K	1,120,670
1 Oct 19	Intergroup	COMMON STOCK	Buy	Aquire P	39	600	23.4K	1,022,770
27 Sep 19	Intergroup	COMMON STOCK	Buy	Aquire P	37.5	300	11.25K	1,022,170

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

INTG institutional ownership history Ownership history

8.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	11	11	–
Opened positions	2	1	+100.0%
Closed positions	2	4	-50.0%
Increased positions	2	3	-33.3%
Reduced positions	3	3	–

13F shares	Current	Prev Q	Change
Total value	5.65M	7.17M	-21.2%
Total shares	195.27K	191.57K	+1.9%
Total puts	0	0	–
Total calls	0	0	–
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
TFC Truist Financial	118.95K	$3.45M	0.0%
Wedbush Securities	48.54K	$1.41M	+7.9%
Vanguard	13.94K	$404K	+6.5%
Dimensional Fund Advisors	13.06K	$366K	0.0%
Tower Research Capital	237	$7K	-27.3%
BLK BlackRock	237	$7K	-27.3%
Victory Capital Management	155	$4K	-2.5%
MS Morgan Stanley	101	$3K	0.0%
Advisor	49	$1K	NEW
WFC Wells Fargo & Co.	6	$0	NEW

Largest transactions	Shares	Bought/sold	Change
Wedbush Securities	48.54K	+3.54K	+7.9%
Vanguard	13.94K	+852	+6.5%
BAC Bank of America	0	-515	EXIT
Tower Research Capital	237	-89	-27.3%
BLK BlackRock	237	-89	-27.3%
Advisor	0	-49	EXIT
Advisor	49	+49	NEW
WFC Wells Fargo & Co.	6	+6	NEW
Victory Capital Management	155	-4	-2.5%
TFC Truist Financial	118.95K	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

As of March 31, 2020, the Company owned approximately 87.3% of the common shares of its subsidiary, Santa Fe and Santa Fe owned approximately 68.8% of the common shares of Portsmouth Square, Inc. InterGroup also directly owns approximately 13.5% of the common shares of Portsmouth. Historically, the Company’s principal source of revenue is derived from the investment of its subsidiary, Portsmouth, in the Justice Investors Limited Partnership (“Justice” or the “Partnership”) inclusive of hotel room revenue, food and beverage revenue, garage revenue, and revenue from other operating departments. Justice owns the Hotel and related facilities, including a five-level underground parking garage. The financial statements of Justice have been consolidated with those of the Company. However, the impact of the COVID-19 pandemic is highly uncertain and management expects that the ongoing length and severity of the economic downturn will have a material adverse impact on our business, financial condition, liquidity and financial results.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: Absent, abstaining, accessing, accurately, acquired, addressing, administered, advantage, adverse, adversely, aforementioned, aggravate, Aid, alternative, arise, assessing, attention, attract, aware, banning, Bay, Berkeley, carryback, civil, combat, confidence, confirmed, consumer, consummation, County, Coverage, creation, criteria, damage, declared, declaring, decline, depart, detrimental, discretionary, disease, disrupted, distancing, downturn, dramatically, drastic, dropped, DSCR, earlier, efficiency, eligible, emergency, enacted, enhanced, entry, environment, equipment, essential, evolve, evolving, face, Fargo, final, flow, focused, foreseeable, forgiven, furlough, furloughed, furloughing, furniture, global, globally, hand, harder, harm, health, healthcare, highly, home, hourly, imposed, imposing, inception, increasd, indeterminate, installment, interruption, Jersey, lead, leadership, legislation, leisure, leverage, lifted, local, lockbox, longer, loyalty, magnitude, Mayor, missed, missing, mitigate, mitigation, monitor, multifamily, multiple, navigate, negative, negatively, Ohio, Organization, outbreak, pandemic, par, paragraph, parallel, Paycheck, persist, personnel, physical, PIP, policy, postponing, PPP, preceding, precipitate, preserve, principle, proactive, proclamation, Program, purpose, qualified, quickly, Ratio, receipt, recommending, recruit, referenced, regional, relevant, relicensing, relied, relief, renegotiating, renegotiation, rent, reoccurring, reputation, reputational, request, requested, resolution, response, retain, return, safe, saving, SBA, scheduled, scope, senior, sentence, shelter, size, small, social, sporting, spread, stemming, strain, strict, successfully, suffer, suspension, team, technical, temporarily, transportation, turn, twentieth, uncollateralized, unemployment, unfavorable, unfolded, unknown, unprecedented, variety, wholly, work, working, World, worsen

Removed: covenant, create, November, positive, satisfy, support, timing

From filing 10-Q 2020 Q3