Dimensional Fund Advisors LP Reduces Position in Groupon, Inc. (NASDAQ:GRPN)

Dimensional Fund Advisors LP lessened its holdings in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) by 17.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,389 shares of the coupon company's stock after selling 16,232 shares during the period. Dimensional Fund Advisors LP owned 0.20% of Groupon worth $964,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. New York State Teachers Retirement System purchased a new stake in Groupon during the 4th quarter valued at about $26,000. Picton Mahoney Asset Management boosted its holdings in Groupon by 68.2% in the 4th quarter. Picton Mahoney Asset Management now owns 2,446 shares of the coupon company's stock valued at $30,000 after purchasing an additional 992 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Groupon in the 4th quarter valued at about $41,000. Amundi boosted its holdings in Groupon by 35.5% in the 4th quarter. Amundi now owns 3,838 shares of the coupon company's stock valued at $47,000 after purchasing an additional 1,006 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Groupon by 115.6% in the 4th quarter. JPMorgan Chase & Co. now owns 10,559 shares of the coupon company's stock valued at $128,000 after purchasing an additional 78,423 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on GRPN. Ascendiant Capital Markets boosted their target price on shares of Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a report on Monday, March 17th. The Goldman Sachs Group upped their price objective on shares of Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a report on Monday, May 12th. Finally, Roth Mkm upped their price objective on shares of Groupon from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Groupon presently has an average rating of "Moderate Buy" and a consensus target price of $18.75.

Groupon Stock Down 0.2%

Groupon stock traded down $0.06 during mid-day trading on Friday, reaching $26.00. 1,191,255 shares of the company's stock were exchanged, compared to its average volume of 1,400,978. The company has a market cap of $1.04 billion, a P/E ratio of 50.98 and a beta of 0.83. Groupon, Inc. has a twelve month low of $7.75 and a twelve month high of $26.90. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 5.66. The company has a fifty day moving average of $18.84 and a 200-day moving average of $13.75.

Groupon (NASDAQ:GRPN - Get Free Report) last released its earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.20) by $0.38. The company had revenue of $117.19 million for the quarter, compared to analyst estimates of $115.51 million. Groupon had a net margin of 3.87% and a return on equity of 91.94%. Sell-side analysts expect that Groupon, Inc. will post -0.31 EPS for the current year.

Groupon Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.