Generali Investments CEE investicni spolecnost a.s. Purchases 18,772 Shares of Groupon, Inc. (NASDAQ:GRPN)

Generali Investments CEE investicni spolecnost a.s. lifted its position in Groupon, Inc. (NASDAQ:GRPN - Free Report) by 10.5% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 198,062 shares of the coupon company's stock after purchasing an additional 18,772 shares during the period. Generali Investments CEE investicni spolecnost a.s. owned about 0.50% of Groupon worth $3,718,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in GRPN. Tyro Capital Management LLC bought a new stake in shares of Groupon in the 4th quarter worth approximately $20,964,000. Prentice Capital Management LP grew its position in shares of Groupon by 291.3% in the 4th quarter. Prentice Capital Management LP now owns 781,694 shares of the coupon company's stock worth $9,498,000 after buying an additional 581,943 shares during the last quarter. Prospect Capital Advisors LLC bought a new stake in Groupon in the fourth quarter valued at $2,935,000. Northern Trust Corp boosted its holdings in Groupon by 3.3% in the fourth quarter. Northern Trust Corp now owns 232,550 shares of the coupon company's stock valued at $2,825,000 after acquiring an additional 7,341 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Groupon by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 200,436 shares of the coupon company's stock valued at $2,435,000 after acquiring an additional 1,449 shares in the last quarter. Institutional investors own 90.05% of the company's stock.

Groupon Stock Up 2.6%

NASDAQ:GRPN traded up $0.93 during mid-day trading on Monday, hitting $36.71. 1,269,170 shares of the company's stock were exchanged, compared to its average volume of 1,464,256. Groupon, Inc. has a one year low of $7.75 and a one year high of $41.26. The company has a debt-to-equity ratio of 4.23, a current ratio of 0.89 and a quick ratio of 0.89. The business has a fifty day moving average price of $29.45 and a 200 day moving average price of $19.35. The company has a market cap of $1.46 billion, a PE ratio of -38.64 and a beta of 1.08.

Groupon (NASDAQ:GRPN - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The coupon company reported $0.18 EPS for the quarter, topping analysts' consensus estimates of ($0.20) by $0.38. Groupon had a negative return on equity of 83.07% and a negative net margin of 8.13%. The firm had revenue of $117.19 million for the quarter, compared to analysts' expectations of $115.51 million. Equities analysts predict that Groupon, Inc. will post -0.31 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Ascendiant Capital Markets lifted their price target on shares of Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a report on Monday, March 17th. Northland Securities lifted their target price on shares of Groupon from $30.00 to $35.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd. The Goldman Sachs Group lifted their price objective on Groupon from $9.00 to $15.00 and gave the company a "sell" rating in a research report on Monday, May 12th. Roth Capital lifted their price objective on Groupon from $33.00 to $47.00 and gave the company a "buy" rating in a research report on Friday, June 20th. Finally, Wall Street Zen cut Groupon from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Groupon presently has an average rating of "Moderate Buy" and an average target price of $28.00.

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.