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

Generali Investments CEE investicni spolecnost a.s. grew its stake in Groupon, Inc. (NASDAQ:GRPN - Free Report) by 10.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 approximately 0.50% of Groupon worth $3,718,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Rhumbline Advisers lifted its position in Groupon by 3.2% during the 4th quarter. Rhumbline Advisers now owns 33,716 shares of the coupon company's stock worth $410,000 after buying an additional 1,030 shares in the last quarter. Bank of New York Mellon Corp lifted its position 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 purchasing an additional 21,859 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake 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 valued at $2,435,000 after purchasing an additional 1,449 shares during the last quarter. Amundi increased its holdings in shares of Groupon by 35.5% in the fourth quarter. Amundi now owns 3,838 shares of the coupon company's stock valued at $47,000 after purchasing an additional 1,006 shares in the last quarter. Finally, Wealthfront Advisers LLC bought a new position in Groupon in the 4th quarter worth approximately $137,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on GRPN. Northland Securities upped their target price on shares of Groupon from $30.00 to $35.00 and gave the company an "outperform" rating in a research report on Tuesday, June 3rd. Wall Street Zen lowered shares of Groupon from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Roth Capital lifted their target price on shares of Groupon from $33.00 to $47.00 and gave the stock a "buy" rating in a report on Friday, June 20th. Ascendiant Capital Markets upped their target price on shares of Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a research report on Monday, March 17th. Finally, The Goldman Sachs Group increased their price target on Groupon from $9.00 to $15.00 and gave the company a "sell" rating in a research note on Monday, May 12th. One investment analyst has rated the stock with a sell rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $28.00.

Groupon Stock Up 1.8%

Shares of NASDAQ GRPN traded up $0.66 during trading hours on Tuesday, hitting $37.37. The company had a trading volume of 829,873 shares, compared to its average volume of 1,464,462. Groupon, Inc. has a 1-year low of $7.75 and a 1-year high of $41.26. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 4.23. The firm's 50 day moving average is $29.84 and its 200-day moving average is $19.47. The stock has a market capitalization of $1.49 billion, a P/E ratio of -39.34 and a beta of 1.08.

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