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

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

A number of other hedge funds also recently bought and sold shares of the business. Generali Investments CEE investicni spolecnost a.s. bought a new stake in Groupon during the fourth quarter worth approximately $2,178,000. JPMorgan Chase & Co. raised its holdings in Groupon by 115.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,559 shares of the coupon company's stock valued at $128,000 after buying an additional 78,423 shares during the period. Blueshift Asset Management LLC bought a new stake in Groupon in the fourth quarter worth $732,000. Hennessy Advisors Inc. boosted its stake in Groupon by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 855,900 shares of the coupon company's stock worth $10,399,000 after buying an additional 54,600 shares during the period. Finally, Corient Private Wealth LLC purchased a new position in Groupon during the fourth quarter worth $510,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Ascendiant Capital Markets lifted their price target on shares of Groupon from $14.00 to $19.00 and gave the stock a "buy" rating in a research note on Monday, March 17th. Roth Mkm increased their price target on Groupon from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Finally, The Goldman Sachs Group boosted their price objective on Groupon from $9.00 to $15.00 and gave the company a "sell" rating in a report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $18.75.

Groupon Stock Performance

Shares of NASDAQ:GRPN opened at $26.17 on Thursday. The firm has a market cap of $1.04 billion, a PE ratio of 51.31 and a beta of 0.83. The firm's 50 day simple moving average is $19.56 and its 200-day simple moving average is $14.06. Groupon, Inc. has a one year low of $7.75 and a one year high of $26.90. The company has a debt-to-equity ratio of 5.66, a quick ratio of 0.93 and a current ratio of 0.93.

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

About Groupon

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.