BNP Paribas Financial Markets Makes New Investment in Groupon, Inc. (NASDAQ:GRPN)

BNP Paribas Financial Markets acquired a new position in shares of Groupon, Inc. (NASDAQ:GRPN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 34,696 shares of the coupon company's stock, valued at approximately $422,000. BNP Paribas Financial Markets owned about 0.09% of Groupon as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. New York State Teachers Retirement System purchased a new position in Groupon during the 4th quarter worth $26,000. Rhumbline Advisers grew its holdings in shares of Groupon by 3.2% during the fourth quarter. Rhumbline Advisers now owns 33,716 shares of the coupon company's stock worth $410,000 after buying an additional 1,030 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Groupon by 42.7% during the fourth quarter. Bank of New York Mellon Corp now owns 73,088 shares of the coupon company's stock worth $888,000 after buying an additional 21,859 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Groupon by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 200,436 shares of the coupon company's stock worth $2,435,000 after buying an additional 1,449 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Groupon during the fourth quarter worth about $2,178,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on GRPN. Wall Street Zen downgraded Groupon from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Roth Mkm lifted their price objective on shares of Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. The Goldman Sachs Group lifted their target price on shares of Groupon from $9.00 to $15.00 and gave the company a "sell" rating in a report on Monday, May 12th. Finally, Ascendiant Capital Markets boosted their target price on shares of Groupon from $14.00 to $19.00 and gave the stock a "buy" rating in a research report on Monday, March 17th. One investment analyst has rated the stock with a sell rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Groupon currently has an average rating of "Moderate Buy" and an average price target of $18.75.

Groupon Stock Down 0.8%

Shares of GRPN traded down $0.25 during midday trading on Friday, hitting $29.21. The company had a trading volume of 208,815 shares, compared to its average volume of 1,392,076. Groupon, Inc. has a 52 week low of $7.75 and a 52 week high of $29.93. 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 stock has a market cap of $1.16 billion, a price-to-earnings ratio of 57.14 and a beta of 0.83. The company's 50 day moving average price is $20.89 and its 200 day moving average price is $14.76.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.38. The business had revenue of $117.19 million during the quarter, compared to analysts' expectations of $115.51 million. Groupon had a return on equity of 91.94% and a net margin of 3.87%. On average, equities research analysts predict 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.